Impact Of Government Expenditure On Nigerian Economic Growth

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Impact Of Government Expenditure On Nigerian Economic Growth

ABSTARCT

The work was on the impact of Government Expenditure on Nigeria Growth (1981 –2010) dealing with secondary data from the Central Bank of Nigeria (CBN) and the National Bureau of Statistics Regression Analysis with (OLS) technique was used. Our findings indicate that there is a positive correlation between Inflation, Money Supply, Government Consumption Expenditure. While Money Supply and LGDP-I has a positive impact on the dependent variable (GDP). But the GE (Government Expenditure) and M2(Money Supply) has a significant impact on the model with 2.800 and 0.190 respectively. Also the model shows a good fit at 96% of the dependent variable accounted for by independent variable.

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