Fiscal Management is Fiscal Engineering likewise...the ways that seem efficient are dependent upon the indices of growth and development in any econonomy (as Nigeria's is not an exemption). Therefore, let's explore the dynamics and prospects of the subject matter in the context of Nigeria today, tomorrow, and thereafter.Recently, government policies began to show more concern on the management and improvement of the economy. Government over the years have embarked on various macroeconomic policy options to grow the economy in terms of growth and development and the policy option employed is that of fiscal policy (Peter and Simeon, 2011). Fiscal policy is the use of government revenue collection (taxation) and expenditure (spending) to influence the economy. The two main instruments of fiscal policy are government taxation and government expenditure. It can also be seen as government spending policies that influence macroeconomic conditions. These policies affect tax rates, interest rates and government spending, in an effort to control the economy.