Government expenditure and economic growth in Nigeria (2016 - 2022) Department:Accountancy By: bapatigi7954 Project ID: 7435 Rating: (5.0) votes: 1 Price:₦2000 Get the Complete MaterialAbstractThe study examined the effect of government expenditure on the economic growth in Nigeria. The specific objective of the study examine the effect of government expenditure on agriculture, government expenditure on education, government expenditure on health and government expenditure on security on the gross domestic product in Nigeria. The study utilized an ex-post facto research design. The study utilized time series data, which was largely obtained from secondary sources. The data covered a 7-year period, from 2016 to 2022 sourced from the publications of the Central Bank of Nigeria (CBN) in 2022. Descriptive and inferential statistics were used to measure the central tendency and dispersion, which together provide information on the mean, standard deviation, minimum and maximum values observed during the period under investigation. Ordinary Least Square Regression Analysis was applied in hypotheses testing. The study found that: government expenditure has a positive and significant effect on the gross domestic product in Nigeria, government expenditure on agriculture, government expenditure on education, government expenditure on health and government expenditure on security has a positive and significant effect on the gross domestic product in Nigeria. In conclusion, the results of this study have provided further empirical evidence on the effect of government expenditure on critical sectors of the economy such as education, health, agriculture and security has it clearly brought out the most effective sectors that the government needs to give more attention in other to improve its gross domestic product. It was recommended that Corruption and nepotism in government expenditure on agriculture, education, and security should be mitigated to the lowest ebb to realize the actual effect of such expenditure in and the economy at large....Preview Download Preview +Other Accountancy project topics and materials you might be interested in»The Impact of Accounting Ratio in Decision Making ( A Case Study of Nigeria Breweries Plc Enugu) »The impact of budget and budgetary control in tertiary institutions ( A Case study of imo state university )»Internal control as a tool for improving profitability»The role of financial institutions in the development of Nigeria economy»Impact of computerization of accounting system of commercial banks ( A case study of union bank plc )»The Impact of product development on banks performance ( A Case study of first bank plc )»Role of good accounting system in the management of private enterprise in Nigeria ( A Case Study of Nwaogo pam paper mills limited )»Effects of standard costing on the profitability of manufacturing companies (a case study of nigerian breweries plc, Ama, Udi local government of Enugu state) »The role of accounting system in measuring organizational performance of transport company ( A Case study of ABC Transport )»Auditing in Nigeria companies, problems and prospects»The effects of computerized accounting system on the performance of banking industry in Nigeria»Effective internal control as an aid to management efficiency ( Case Study of Nigeria Bottling Company Owerri )»Effect of misrepresentation of information in a financial statement»The impact of development finance institutions (DFIS) in economic development of Nigeria»An appraisal of fraud prevention measures in Nigerian banking sector ( Case study of access bank plc owerri )