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Abstract

This paper investigates the impact of Government Expenditure on Nigeria’s Economic Growth using multiple regression of the ordinary least square technique(OLS).This study employs administrative expenses; social and community services; economic services and transfer payment as government expenditure variables representing both capital and recurrent government expenditure while Nigeria’s Gross domestic product as the dependent variable.  This study employs the use of secondary data from the Central Bank of Nigeria’s statistical bulletin and Gazettes from the Federal Ministry of Finance, Office of the Accountant General of the Federation and Federal Republic of Nigeria Official Gazettes. The study covers a period of 17 years (2000-2016). R-Studio Statistical software is used to analyze the data with the aid, ANOVA, and Karl Pearson product-moment. The result from R-Studio output and ANOVA reveal significant associations between the GDP and Government Expenditures at 5% level of significance therefore conclude that increase government expenditure is veritable tool for economic growth.

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How to Cite
S.O., O., Aliyu, R., & L.A, A. (2019). The Impact of Government Expenditure on Nigeria’s Economic Growth. Frontiers in Finance and Economics , 16(1), 1-14. Retrieved from https://journals.eduindex.org/index.php/ffe/article/view/331