Sustainable development has become pertinent to policymakers and, in recent
years, has formed the bedrock of new developmental objectives of African
countries. Nigeria has faced several challenges ranging from, legal,
governance, socio-economic, and environmental issues in achieving the
Sustainable Development Goals (SDGs). There is a need to take a cursory look
at the legal approaches to promote the transition from the current pace of
economic progress in Nigeria to a sustainable, green economy and high
income through green fiscal policies, together with some economic stimulus
mechanisms and existing financing strategies. This paper adopts a doctrinal
legal research methodology in its analysis of how international and domestic
law may be utilized to promote sustainable development. The findings reveal
law and policy goals that ensure human well-being and social equity foster
long-run economic development and transition from a traditional economy
structure by ensuring job creation, and poverty alleviation to a green
economy. The research and its results advance the need for Nigeria to
undertake some legal strategies for integrating economic, social, and
environmental aims in making decisions or solutions on how money is
collected and spent to further the country's transition to and sustenance of a
green economy in its national budget concerning financial emergency due to
shortfalls in oil, and as a wider policy directive.
Economic Stimulus Green Fiscal Policies Legal Approaches Sustainable Growth
How to Cite
Obisesan, O. O., & Olanipekun, D. B. (2026). Legal Approaches to Promote Sustainable Development Through Green Fiscal Policies and Economic Stimulus in Nigeria. Journal of Sustainable Development Law and Policy (The), 17(3), 322–343. https://doi.org/10.4314/jsdlp.v17i3.13
Olawunmi Opeyemi Obisesan
Dayo Benedict Olanipekun
Sustainable development has become pertinent to policymakers and, in recent
years, has formed the bedrock of new developmental objectives of African
countries. Nigeria has faced several challenges ranging from, legal,
governance, socio-economic, and environmental issues in achieving the
Sustainable Development Goals (SDGs). There is a need to take a cursory look
at the legal approaches to promote the transition from the current pace of
economic progress in Nigeria to a sustainable, green economy and high
income through green fiscal policies, together with some economic stimulus
mechanisms and existing financing strategies. This paper adopts a doctrinal
legal research methodology in its analysis of how international and domestic
law may be utilized to promote sustainable development. The findings reveal
law and policy goals that ensure human well-being and social equity foster
long-run economic development and transition from a traditional economy
structure by ensuring job creation, and poverty alleviation to a green
economy. The research and its results advance the need for Nigeria to
undertake some legal strategies for integrating economic, social, and
environmental aims in making decisions or solutions on how money is
collected and spent to further the country's transition to and sustenance of a
green economy in its national budget concerning financial emergency due to
shortfalls in oil, and as a wider policy directive.