Expenditure of the Federal Government of Nigeria: Effect on the Standard of Living of her Citizens

Nduka, Joseph Afamefuna; Ananwude, Amalachukwu Chijindu; Osakwe, Charity Ifunanya

doi:10.6007/ijarafms/v9-i4/6658

Cited by 3 publications

(4 citation statements)

References 5 publications

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“…Similarly, recurrent and capital expenditure was found to have a significant effect on the standard of living based on the Granger Causality test. This affirmed the research findings of Dahmardeh and Tabar (2013), Gimba and Isah (2016), Nduka et al (2019), Nwude and Boloupremo (2018), and Ogbuagu and Ewubare (2019).…”

Section: Resultssupporting

confidence: 88%

“…In any case, the real consumption may be distinctive from the budgeted use due to changes in the macroeconomic environment. In Nigeria, for instance, extra-budgetary expenditure or allocations like the additional purchase of military gears from the US on 29 th August, 2017 to fight the Boko Haram terrorist group in the North East, relief materials giving to victims of the tanker explosion in Onitsha on 16 th October 2019 aroused in the course of budget implementation (Nduka, Ananwude, & Osakwe, 2019).…”

Section: Introductionmentioning

confidence: 99%

“…Even though there are no abundant empirical studies for emerging economies, selected empirical literature were directly related to the subject matter. The work of Nduka et al (2019) uncovered that government consumption in Nigeria has a critical impact on the standard of living of her citizens. Ogbuagu and Ewubare (2019) appeared that expenditure education in both lag 1 and 2 have a positive and noteworthy effect on the standard of living, whereas wellbeing and utilization use have an inconsequential effect on the standard of living in Nigeria.…”

Section: Introductionmentioning

confidence: 99%

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Government expenditure and standard of living in an emerging market in Africa–Nigeria

Jeff-Anyeneh

Ananwude

Ezu

et al. 2020

EJEM

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The effect of government expenditure on the standard of living has different impact for various level of economies. In this study, we determined the effect of government recurrent and capital expenditure on the standard of living in Nigeria using a test of causation. The long and short run estimates were done by utilizing an Autoregressive Distributive Lag (ARDL) model using data that spanned from 1981 to 2018. Findings/Originality: Precipitously, we asserted that government recurrent and capital expenditure have a significant effect on the standard of living in Nigeria. Nevertheless, that is not the true reflection of the living standard in the country. There is an enormous need for the government to increase its expenditure on the health sector. Investment in healthcare is positively related to economic growth and has the potential of reducing poverty, hence a better standard of living. The Federal Government of Nigeria ought to, as a matter of direness, prioritize capital expenditure over recurrent expenditure.

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Section: Resultssupporting

confidence: 88%

Section: Introductionmentioning

confidence: 99%

Section: Introductionmentioning

confidence: 99%

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Government expenditure and standard of living in an emerging market in Africa–Nigeria

Jeff-Anyeneh

Ananwude

Ezu

et al. 2020

EJEM

Self Cite

View full text Add to dashboard Cite

show abstract

“…For instance, extra-budgetary expenditures or allocations in Nigeria during the budget implementation process included the additional purchase of military equipment from the US on August 29, 2017, to combat the Boko Haram terrorist group in the North East, and the distribution of relief supplies to victims of the tanker explosion in Onitsha on October 16, 2019. (Nduka, Ananwude, and Osakwe, 2019).…”

Section: Introductionmentioning

confidence: 99%

Examine the Impact of Government Expenditure on Standard of Living in Nigeria (1981 – 2018)

Ogundipe

Adesola

2022

Preprint

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This study investigated the impact of government expenditure on standard of living in Nigeria from 1981–2018 by using a time series data from 1981 to 2018. Government expenditure on three sectors of the economy were used. These sectors include; the education sector, agricultural sector and the health sector. The result shows that government education expenditure and government agricultural expenditure are statistically significant at 10% level of significance while government health expenditure is statistically significant at 5% level of significance. This study concluded that government expenditure on education and health are crucial determinants of standard of living in Nigeria. More money needs to be allotted for the health and education sectors. Together, the idea of government spending and endogenous growth theory propose that public spending on things like health care, education, agricultural advances, and other technology promotes economic growth and reduces poverty in all economies.

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The Tripartite Dynamic Relationship between Poverty, Unemployment and Construction Sector: Empirical Evidence from Nigeria

Okoye,

Ngwu,

Ohaedeghasi

2021

Management Dynamics in the Knowledge Economy

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The increasing rate of poverty and unemployment in Nigeria has necessitated further efforts towards alternative means of reducing the trend, outside the government’s microeconomic mechanisms. As a sector with multiplier effects on other sectors of economy through its numerous activities, the construction sector is expected to reduce both poverty and unemployment. This study, therefore, examined the relationships between construction sector variables, poverty and unemployment rates in Nigeria. Using socio-economic data published by the Central Bank of Nigeria, National Bureau of Statistics, United Nations Development Program and World Bank from 1981-2019, the study deployed an Autoregressive Distributed Lag (ARDL) approach to analyze the relationships between construction sector variables, poverty, and unemployment rates. It also used Granger causality test to determine the direction of causation between the variables under investigation. The results showed that there are both long-run and short-run dynamic relationships between poverty rate and construction sector variables (F-stat. (3.93) > upper (3.67) and lower (2.79)) bounds. It showed that no long-run balanced relationship exists between the unemployment rate and construction sector variables (F-stat. (2.01) < lower (2.79) and upper (3.67)) bounds. The result further revealed that there are significant and positive linear correlations between construction sector variables, poverty, and unemployment rates; except between construction output and poverty rate, where an insignificant linear relation was established. Nevertheless, the relationships could not result to direct causal effect, except a unidirectional Granger causal relationship that flows from government capital expenditure to construction service recurrent expenditure and construction output, and from construction service recurrent expenditure to construction output. Consequently, the study suggested that construction sector expenditure and output should be directed towards poverty and unemployment reduction. This could be done through the diversification and integration of all construction sub-sectors, particularly the private sector into the nation’s economic equation. Thus, this study would direct the paths of policy makers and construction planners towards the right construction policies and plans that would lead to reduction in unemployment and poverty rates with a long-term economic transformation in Nigeria.

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Expenditure of the Federal Government of Nigeria: Effect on the Standard of Living of her Citizens

Cited by 3 publications

References 5 publications

Government expenditure and standard of living in an emerging market in Africa–Nigeria

Government expenditure and standard of living in an emerging market in Africa–Nigeria

Examine the Impact of Government Expenditure on Standard of Living in Nigeria (1981 – 2018)

The Tripartite Dynamic Relationship between Poverty, Unemployment and Construction Sector: Empirical Evidence from Nigeria

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