2018
DOI: 10.4018/978-1-5225-4778-5.ch021
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Political Economy of Growth Effects of Defense Expenditure in Nigeria

Abstract: National security is as important as the existence of a nation. Nigeria has witnessed consistent rise in defense expenditure, with attendant opportunity costs. Internal threats have contributed immensely to the rise in defense expenditure as proliferation of arms and uprising of different ethno-rival groups and incipient militancy and insurgency have created insecurity in the country. Similar pressure and general insecurity has been intensified by increasing spate of kidnapping, politically motivated killings,… Show more

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