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IMPACT OF NIGERIA BUDGET ON THE ECONOMY OF NIGERIA

Format: MS WORD  |  Chapter: 1-5  |  Pages: 54  |  1832 Users found this project useful  |  Price NGN5,000

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IMPACT OF NIGERIA BUDGET ON THE ECONOMY OF NIGERIA

 

ABSTRACT

This study investigated impact of Nigeria budget on the economy of Nigeria over a period from 1990 to 2016, the data for the study were collected mainly from the secondary source from the CBN statistical Bulletin, annual report and statement of accounts. The time series data Gross Domestic Product (GDP) serve as the proxy variable whereas, government public expenditure serve as the independent variable via which economic growth is measured during the periods were analyzed using ordinary least square (OLS) regression statistical technique. The result of the study revealed that government expenditure has positive effect on economic growth in Nigeria. It could therefore be recommended that government should promote efficiency in the allocation of development resources through emphasis on private sector participation and privatization commercialization. Government should not play policies with expenditure on public goods just to win cheap popularity.

 

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IMPACT OF NIGERIA BUDGET ON THE ECONOMY OF NIGERIA

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