GOVERNMENT EXPENDITURE AND ECONOMIC GROWTH IN NIGERIA: AN EMPIRICAL ANALYSIS

This study examined effect of government expenditure on economic growth in Nigeria. It covered a period of 49 years (1970-2018). Secondary method of data collection was used in gathering data which was analysed using multiple regression technique through the aid of SPSS 22 software. It was found that both recurrent expenditure and capital expenditure had positive and significant effect on economic growth in Nigeria. Based on the findings it was recommended that Federal and Slate governments in Nigeria should increase their funding of both recurrent and capital expenditures in order to boost economic growth in Nigeria.