IMPACT OF GOVERNMENT EXPENDITURE ON ECONOMIC GROWTH IN NIGERIA (1970-2010)
- Project Research
- 1-5 Chapters
- Quantitative
- Regression
- Abstract : Available
- Table of Content: Available
- Reference Style: APA
- Recommended for : Student Researchers
- NGN 5000
Abstract- This research work is on the impact of government expenditure on economic development in Nigeria. The main objective of this study is to empirically examine the impact of government expenditure on economic development in Nigeria. This research work made use of secondary data which were obtained from the Central bank of Nigeria Statistical Bulletin (2016). The data were collected for a period of thirty six years (i.e. 1970-2010). The Ordinary Least Square Regression Technique was employed in the analysis of the data. It was found among other things that Based on the empirical analysis, it is concluded that government expenditure has positive relationship with economic development but has not significantly impacted on the economic development in Nigeria. This is due to the fact that government consumption expenditure depresses economic development in Nigeria while capital government expenditure increases development rate of the economy, but more as been spent on the recurrent expenditure than the capital expenditure over time. It is recommended that, the Federal government should spend more on education, health and physical infrastructures. At the same time, there is the prospect that revenue is limited to pursue the NEEDS programmes. Hence, it is important that government spends less on consumption expenditure (recurrent expenditure) and emphasizes more on capital investment that will stimulate private sector investment vis a vis economic development.
Related Project Materials
Exploring the Impact of Risk Management Innovations on Corporate Competitiveness in Nigeria
Background of the Study
In a highly competitive business environment, innovation in risk management practices can serve as...
The Effect of Urbanization on Environmental Health in Kwara State
Background of the Study
Urbanization is a key driver of economic development but also presents significant environmental...
AN ASSESSMENT OF THE HATE SPEECH BILL AND THE REGULATION OF SOCIAL MEDIA CONTENTS (A CASE STUDY OF PUBLIC PERCEPTION
Background of the study
In recent years, there has been an uptick in demands for more regulation of soc...
THE IMPACT OF ORGANIZATIONAL CULTURE ON EFFECTIVE EMPLOYEES’ PERFORMANCE TOWARDS THE ATTAINMENT OF ORGANIZATIONAL GOALS
ABSTRACT
Understanding the dynamism of organizational culture and its relationship to employee performance is very c...
THE EFFECTIVENESS OF BLENDED LEARNING APPROACHES IN TECHNICAL EDUCATION
Abstract: The effectiveness of blended learning approaches in technical education is essent...
An evaluation of risk management frameworks on bank stability: a case study of AB Microfinance Bank
Background of the Study
Risk management frameworks are essential to maintaining bank stability, particularly in environmen...
KNOWLEDGE, ATTITUDE AND PRACTICE (KAP) OF FOOD HYGIENE AMONG BUTCHERS IN NIGERIA
ABSTRACT
Most developing countries like Nigeria have a&n...
THE ROLE OF THE CHURCH IN ENSURING PEACE AND HARMONY IN THE SOCIETY
ABSTRACT
This study was carried out on examine the role of church in ensuring peace and harmony in the society usi...
THE ROLE OF INTERNATIONAL ACCOUNTING FOR FOREIGN EXCHANGE RISK MANAGEMENT
ABSTRACT
This research explores THE ROLE OF INTERNATIONAL ACCOUNTING FOR FOREIGN EXCHANGE RISK MANAGEMENT, focusing on enhancing financia...
Investigating the Impact of Healthcare Accessibility on Labor Productivity in Nigeria
Background of the Study
Healthcare accessibility is a vital determinant of labor productivity, as a healthy workforce is e...
