Effect Of Government Expenditure On Economic Growth Of Nigeria (2006-2015)

ABSTRACT

The study investigates the effect of government expenditure on economic growth of

Nigeria from the period of 2006-2015. The objective was set to address the

problem of utilization of revenue targeted to improving the economic condition of

Nigeria. The review of theoretical and empirical literature provided the basis for

the selection and specflcation of model which was used to show if government

capital and recurrent expenditure has positive or negative impact on economic

growth. The data were gotten from CBN statistical bulletin. To provide solution to

the problem, policies were recommended to tackle the setbacks to economic

growth and the study recommends that Government should ensure that capital

expenditure and recurrent expenditure are properly managed in a manner that it

will raise the nation 's production capacity.