ABSTRACT
This study examined the effect or
impact of public expenditure on the economic growth of Nigeria: evidence from
1997- 2006. The study gives a brief overview of what Public expenditure means
and its effect or impact on Nigeria economic. However, data were collected from
World Bank report, Central Bank of Nigeria report, Federal Office of Statistics
(FOS) report, also existing libraries such as the Michael Okpara University of
Agriculture Umudike library. There were no data collected through the use of questionnaires
hence it was all secondary data. Hence the researcher applied correlation and
regression analysis to carry out test of hypothesis and analysis of data. Three
hypothesis were formulated and the above statistical wc1e used to test two
hypothesis based on the result of our test, findings were made among which
were- that there is a significant relationship between public capital
expenditure and growth in the GDP of the Nigeria economy. From the findings it
were recommended, that-government should expend their resources on production
sectors of the economy, so as to boast the production of goods and services at
the domestic market-government should ensure that the budget be fully
implemented in accordance with the provision of the country-Government should
empower the enforcement agencies to arrest corrupt officials and made them to
face the law-government should ensure that project are executed, and government
should ensure adequate control and safeguard control in the public system.
WALL, O (2021). The Effect Of Public Sector Capital Expenditure On Economic Growth Of Nigeria. Mouau.afribary.org: Retrieved Nov 26, 2024, from https://repository.mouau.edu.ng/work/view/the-effect-of-public-sector-capital-expenditure-on-economic-growth-of-nigeria-7-2
OGECHI, WALL. "The Effect Of Public Sector Capital Expenditure On Economic Growth Of Nigeria" Mouau.afribary.org. Mouau.afribary.org, 08 Jul. 2021, https://repository.mouau.edu.ng/work/view/the-effect-of-public-sector-capital-expenditure-on-economic-growth-of-nigeria-7-2. Accessed 26 Nov. 2024.
OGECHI, WALL. "The Effect Of Public Sector Capital Expenditure On Economic Growth Of Nigeria". Mouau.afribary.org, Mouau.afribary.org, 08 Jul. 2021. Web. 26 Nov. 2024. < https://repository.mouau.edu.ng/work/view/the-effect-of-public-sector-capital-expenditure-on-economic-growth-of-nigeria-7-2 >.
OGECHI, WALL. "The Effect Of Public Sector Capital Expenditure On Economic Growth Of Nigeria" Mouau.afribary.org (2021). Accessed 26 Nov. 2024. https://repository.mouau.edu.ng/work/view/the-effect-of-public-sector-capital-expenditure-on-economic-growth-of-nigeria-7-2