Effect Of Government Expenditure On Economic Growth Of Nigeria (1986-2018):- Emeruwa Glory C

ABSTRACT

The study examined the effect of government expenditure on economic growth ofNigeria from 1986-2018. The study made use of ex post facto research design which involved gathering time series data from the Central Bank ofNigeria statistical Bulletin 2018 edition. The Ordinary Least Square method was used as method ofdata analysis. The findings ofthe work revealed that there is a positive insignificant effect on recurrent and capital expenditure on economic growth ofNigeria. The study therefore concludes that government expenditure significantly affects economic growth ofNigeria and that there is a long run relationship between government expenditure and economic growth of growth during the period under study. On the basis ofthe findings, it was recommended that government should use recurrent expenditure that would increase consumption and enhance economic activities. Also, government should increase its capital expenditure and judiciously embark on project that would boost economic growth.