IMPACT OF GOVERNMENT EXPENDITURE ON NIGERIAN ECONOMIC GROWTH (1981 – 2010)

IMPACT OF GOVERNMENT EXPENDITURE ON NIGERIAN ECONOMIC GROWTH (1981 – 2010)

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ABSTARCT

The work was on the impact of Government Expenditure on Nigeria Growth (1981 – 2010) dealing with secondary data from the Central Bank of Nigeria (CBN) and the National Bureau of Statistics Regression Analysis with (OLS) technique was used. Our findings indicate that there is a positive correlation between Inflation, Money Supply, Government Consumption Expenditure. While Money Supply and LGDP-I has a positive impact on the dependent variable (GDP). But the GE (Government Expenditure) and M2 (Money Supply) has a significant impact on the model with 2.800 and 0.190 respectively. Also the model shows a good fit at 96% of the dependent variable accounted for by independent variable.

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