Government Expenditure and Sap in Nigeria: An Empirical Perspective

Uju Victoria Okoli, Prof (Dr.) Ram Milan and Ngozi Flourence Ezenwobi
Additional contact information
Uju Victoria Okoli: Department of Economics, Nnamdi Azikiwe University Awka Anambra State, Nigeria
Prof (Dr.) Ram Milan: Department of Economics, Nnamdi Azikiwe University Awka Anambra State, Nigeria
Ngozi Flourence Ezenwobi: Department of Economics, Nnamdi Azikiwe University Awka Anambra State, Nigeria

International Journal of Research and Scientific Innovation, 2024, vol. 11, issue 5, 1035-1049

Abstract: This study examines the impact of government expenditure for infrastructure on economic growth before and after the introduction of SAP in Nigeria, using annual data for the period of 1970 to 2022. Data were sourced from CBN Statistical Bulletin on government spending on transport, communication, health, education, and utilities sectors. Augmented Dickey-Fuller Test and Auto Regressive Distributed Lag Model were employed as analytical tools for the study. The results show a positive short run effect of growth rate of government spending on transportation sector, communication sector, health sector, education sector and utility sector on economic growth in Nigeria during the pre-SAP and SAP periods. The opposite becomes the case to cover from the post-SAP period till date not minding the period anchored a lot more of government policies targeted at the economic development of Nigeria. The study therefore recommends that government should ensure that what is annually budgeted for infrastructural development in the country should be judiciously and economically spent in other to attain economic growth.

Date: 2024
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
https://www.rsisinternational.org/journals/ijrsi/d ... ssue-5/1035-1049.pdf (application/pdf)
https://rsisinternational.org/journals/ijrsi/artic ... pirical-perspective/ (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:bjc:journl:v:11:y:2024:i:5:p:1035-1049

Access Statistics for this article

International Journal of Research and Scientific Innovation is currently edited by Dr. Renu Malsaria

More articles in International Journal of Research and Scientific Innovation from International Journal of Research and Scientific Innovation (IJRSI)
Bibliographic data for series maintained by Dr. Renu Malsaria ().