ABSTRACT
The topic of this research work
is an evaluation of the impact of budgetary allocation on Nigerians economic
growth and development. The study employed secondary sources of data and were
obtained from local and international agencies, such as Federal Office of
Statistics (FOS), Central bank of Nigeria (CBN), Federal Ministry of Finance
(FMF), Federal Auditor General Office (FAGO), etc. the techniques of data
analysis used in the study was the simple regression analysis while the t-test
was used to test the level of statistical significance over the period
(2000-2009). after the testing, it was found out that budgetary allocations in
Nigeria have significant effects on economic growth and development of the
country. It was also discovered that Cross Domestic product (GDP) of Nigeria
increased over the period of (2000 2000). Thus., confirming the alternative hypothesis
(hat budgetary allocations have significant effects on economic growth and
development also. it was concluded that, budgetary allocations arc actually the
economic drivers of the Nigerian economy system. The researcher recommended
among other things that government should increase or improve On budgetary
allocations so as to enhance economic growth and development and also that
budgetary allocation should not be ritualistic, rather it should be targeted in
improving the life of well being of the citizen.
KORIE, C (2021). An Evaluation Of The Impact Of Budgetary Allocation On Nigerians Economic Growth And Development (2000 - 2009). Mouau.afribary.org: Retrieved Nov 28, 2024, from https://repository.mouau.edu.ng/work/view/an-evaluation-of-the-impact-of-budgetary-allocation-on-nigerians-economic-growth-and-development-2000-2009-7-2
C, KORIE. "An Evaluation Of The Impact Of Budgetary Allocation On Nigerians Economic Growth And Development (2000 - 2009)" Mouau.afribary.org. Mouau.afribary.org, 13 Aug. 2021, https://repository.mouau.edu.ng/work/view/an-evaluation-of-the-impact-of-budgetary-allocation-on-nigerians-economic-growth-and-development-2000-2009-7-2. Accessed 28 Nov. 2024.
C, KORIE. "An Evaluation Of The Impact Of Budgetary Allocation On Nigerians Economic Growth And Development (2000 - 2009)". Mouau.afribary.org, Mouau.afribary.org, 13 Aug. 2021. Web. 28 Nov. 2024. < https://repository.mouau.edu.ng/work/view/an-evaluation-of-the-impact-of-budgetary-allocation-on-nigerians-economic-growth-and-development-2000-2009-7-2 >.
C, KORIE. "An Evaluation Of The Impact Of Budgetary Allocation On Nigerians Economic Growth And Development (2000 - 2009)" Mouau.afribary.org (2021). Accessed 28 Nov. 2024. https://repository.mouau.edu.ng/work/view/an-evaluation-of-the-impact-of-budgetary-allocation-on-nigerians-economic-growth-and-development-2000-2009-7-2