ABSTRACT
The study was conducted to examine the Impact
of Government Expenditure on Economic Growth in Nigeria. Using time scries data
spanning thirty years (1986- 2015) there was a tic between government
expenditure and economic development. The work employed an ex-post fact©-
research/survcy design in generating data from CBN statistical bulletin and
other related materials. The work employed the use of the ordinary least square
method (OUS) regression tools in analyzes and in establishment of the
relationship between the government expenditure and the cconofnic development
of Nigeria. From the summary gathered in the analyzes carried out, it was
concluded thus, that economically, Nigeria has spent more on recurrent
expenditure which is uneconomical and accounting for low development and
economic imbalance. The national expenditure would yield more if it has been
channeled to capital expenditure, though both recurrent and capital expenditure
has impact but rate of expenditure on recurrent supersedes that of capital
expenditure thus making it have more effect. However, the period under review
in this study. Thus public expenditures has effect on the real GDP of the
country. The work recommends that a review on the allocation of public fund
should be carried out to attend on the recurrent and capital expenditure
dichotomy to enhance efficiency and growth in the economy. A rcstudy should be
carried out to ascertain further factors and expenses that docs not fall under
recurrent not capital expenditures that affects the economy and its real GPD
while the results and conclusion of this work should be adopted and implemented
by the senate to make amends for balance of payment deficiency in the economy
caused by excess recurrent expenditure as well as a working material for
economic decision.
NWOKORIE, C (2025). Impact Of Government Expenditure On Economic Growth In Nigeria (1986-2015):- Nwokorie Goodness C. Repository.mouau.edu.ng: Retrieved Jul 01, 2025, from https://repository.mouau.edu.ng/work/view/impact-of-government-expenditure-on-economic-growth-in-nigeria-1986-2015-nwokorie-goodness-c-7-2
CHIZURUM, NWOKORIE. "Impact Of Government Expenditure On Economic Growth In Nigeria (1986-2015):- Nwokorie Goodness C" Repository.mouau.edu.ng. Repository.mouau.edu.ng, 30 Jun. 2025, https://repository.mouau.edu.ng/work/view/impact-of-government-expenditure-on-economic-growth-in-nigeria-1986-2015-nwokorie-goodness-c-7-2. Accessed 01 Jul. 2025.
CHIZURUM, NWOKORIE. "Impact Of Government Expenditure On Economic Growth In Nigeria (1986-2015):- Nwokorie Goodness C". Repository.mouau.edu.ng, Repository.mouau.edu.ng, 30 Jun. 2025. Web. 01 Jul. 2025. < https://repository.mouau.edu.ng/work/view/impact-of-government-expenditure-on-economic-growth-in-nigeria-1986-2015-nwokorie-goodness-c-7-2 >.
CHIZURUM, NWOKORIE. "Impact Of Government Expenditure On Economic Growth In Nigeria (1986-2015):- Nwokorie Goodness C" Repository.mouau.edu.ng (2025). Accessed 01 Jul. 2025. https://repository.mouau.edu.ng/work/view/impact-of-government-expenditure-on-economic-growth-in-nigeria-1986-2015-nwokorie-goodness-c-7-2