The behavioural aspect of budgeting has been on the front burners of academic discourse over the years. Recent shift in argument between budget participation and various elements of performance using indirect models which accommodate different moderators and mediators clearly stalled the growth of direct causality studies whose contents are not empirically exhausted. This study examines the direct link between budget participation on one hand and budget goals commitment on the other against financial performance. Both survey and ex post facto designs were used to draw both primary and secondary data for the study. Pearson Correlation and Regression were used to analyse the data obtained from 15 Nigerian listed banks. The results of the analysis reveal a strong and statistically significant link between both budget participation and goal commitment and performance. The former commands more robust positivity which is in consistent with extant studies. Top policy makers in the banking industry are encouraged by the outcome of this study to accommodate the input of tactical and operational personnel in budget designing and implementation process. Such action would further reduce policy resistance and drive up the key corporate bottom-line as this study found.