This study examined the effect of government expenditure on economic growth and development in
Nigeria for the period of 1990–2012. Time series data for twenty-two years were sourced from secondary data such as the CBN statistical bulletin and other relevant publications using the desk survey method. Ordinary Least Square (OLS) multiple regression technique was used to estimate the
effect of government expenditure on economic growth and development in Nigeria. Gross Domestic
Product, proxy for economic growth and development was adopted as the dependent variable while
Total Recurrent Expenditure and Total Capital Expenditure constitute the independent variables.
The results of this study showed that the Federal Government Expenditure on Education, Health,
General Administration, and Road Construction for the period; 1990–2012 has a positive and significant impact on the economic growth and development of Nigeria. The result further showed that
government expenditure on Agriculture for the period investigated had been undulating and this
resulted in an inverse relationship with GPD. It therefore follows that Government should put in
place adequate control measures/techniques to ensure that funds allocated to the different sectors
of the economy especially the agricultural sector are judiciously used for the projects for which they
are allocated.
EMEKA EMMANUEL, O., Osuji11, E , Ehirim2, N , Ukoha2, I & G., A (2018). Effect of Government Expenditure on Economic Growth and Development in Nigeria: Evidence from the Agricultural Sector. Afribary. Retrieved from https://track.afribary.com/works/effect-of-government-expenditure-on-economic-growth-and-development-in-nigeria-evidence-from-the-agricultural-sector
EMEKA EMMANUEL, OSUJI, et. al. "Effect of Government Expenditure on Economic Growth and Development in Nigeria: Evidence from the Agricultural Sector" Afribary. Afribary, 05 Apr. 2018, https://track.afribary.com/works/effect-of-government-expenditure-on-economic-growth-and-development-in-nigeria-evidence-from-the-agricultural-sector. Accessed 14 Nov. 2024.
EMEKA EMMANUEL, OSUJI, E. Osuji11 , N. Ehirim2 , I. Ukoha2 and And G. . "Effect of Government Expenditure on Economic Growth and Development in Nigeria: Evidence from the Agricultural Sector". Afribary, Afribary, 05 Apr. 2018. Web. 14 Nov. 2024. < https://track.afribary.com/works/effect-of-government-expenditure-on-economic-growth-and-development-in-nigeria-evidence-from-the-agricultural-sector >.
EMEKA EMMANUEL, OSUJI, E. Osuji11 , N. Ehirim2 , I. Ukoha2 and And G. . "Effect of Government Expenditure on Economic Growth and Development in Nigeria: Evidence from the Agricultural Sector" Afribary (2018). Accessed November 14, 2024. https://track.afribary.com/works/effect-of-government-expenditure-on-economic-growth-and-development-in-nigeria-evidence-from-the-agricultural-sector