ABSTRACT
This research work examined the
effect of government expenditure on economic growth of Nigeria, chapter one
dealt with the introduction, the background of the study, the statement of the
problem, hypothesis, objective of the study etc. The objective of the study is
to determine the effect of government expenditure on economic growth of
Nigeria. However, chapter two dealt with the literature review of different
authors, textbooks and related journal were reviewed. The chapter three focus
on the research methodology use, the research designed employed was ex post
facto research design. Data were sourced from secondary sources, from the
Central Bank Statistical Bulletin. Analyses of data and testing of hypotheses
were done through the aid of statistical tools such as tables, and simple
regression model. In chapter four, the researcher analyze the data, the findings
from data analyzed indicates that capital expenditure has an insignificant and
positive relationship on GDP growth rate of Nigeria, recurrent expenditure has
a negative and significant effect on GDP growth rate of Nigeria and finally,
capital expenditure has a positive and significant effect on per capita income
of Nigeria. The study however revealed that Capital expenditure are funds used
by the government to acquire, upgrade and maintain physical assets such as
property, roads, bridges, water provision, education and other basic human
necessities. It is of utmost necessity to for the government to maintain its
investment towards these projects to facilitate the development of its economy
and also better the living condition of its citizens. We therefore recommend
that government should keep careful monitoring of its investments in the
capital projects investment to the extent of showing a significant beta
coefficient with the GDP growth rate of the nation.
IGWE, K (2021). Effect Of Government Expenditure Of The Economic Indices Of Nigeria. Mouau.afribary.org: Retrieved Nov 27, 2024, from https://repository.mouau.edu.ng/work/view/effect-of-government-expenditure-of-the-economic-indices-of-nigeria-7-2
KENNETH, IGWE. "Effect Of Government Expenditure Of The Economic Indices Of Nigeria" Mouau.afribary.org. Mouau.afribary.org, 23 Jul. 2021, https://repository.mouau.edu.ng/work/view/effect-of-government-expenditure-of-the-economic-indices-of-nigeria-7-2. Accessed 27 Nov. 2024.
KENNETH, IGWE. "Effect Of Government Expenditure Of The Economic Indices Of Nigeria". Mouau.afribary.org, Mouau.afribary.org, 23 Jul. 2021. Web. 27 Nov. 2024. < https://repository.mouau.edu.ng/work/view/effect-of-government-expenditure-of-the-economic-indices-of-nigeria-7-2 >.
KENNETH, IGWE. "Effect Of Government Expenditure Of The Economic Indices Of Nigeria" Mouau.afribary.org (2021). Accessed 27 Nov. 2024. https://repository.mouau.edu.ng/work/view/effect-of-government-expenditure-of-the-economic-indices-of-nigeria-7-2