Evaluation Of The Impact Of Public Expenditure On Economic Growth In Nigeria:- Okeke Chinyere S

bstract This study is an attempt to evaluate the impact of Public expenditure on economic growth in Nigerian. The specific objectives of the study includes to determine the impact of public expenditure on economic growth in Nigeria and to also determine if there is any long run relationship between public expenditure and economic growth. The Ordinary Least Square (OLS) method ofeconometric technique was used. The econometric analysis indicates that there is present of co-inlegration among the explanatory variables, because ADF test statistics is greater than the ADF critical values at 5% level ofsignificant, Hence we will adopt error correction model to detect the long run relationship that exist between the variables. The findings indicates that public expenditure have a positive significant impact on economic in Nigeria. Also there is a significant long run relationship public expenditure and economic growth in Nigeria. The study suggest that government spending should be channeled to have effect on the economy, enhancing and promoting growth and development in the process and also all non -productive activities and expenditure need to be reviewedforthwith while the role ofgovernment should be reappraised with more emphases on providing the amendment policy environmentfor private sector initiative