GOVERNMENT EXPENDITURE AND GDP PERFORMANCE IN NIGERIA

Abstract

This study studied the relationship between Nigeria's main expenses and GDP results. This focuses on the impact of national expenses on education and agriculture. The data of this study were collected from the Nigerian government's financial reports and related economic data from 2014 to 2023. The analysis has been performed for existing multiple regression models (OLS) using E-View 10. Data shows that government expenditure on education does not have a significant relationship with GDP performance, while government expenditure on agriculture has a significant impact on GDP growth. Thus, the study concluded that Nigeria could greatly increase GDP productivity and allocate more resources to the agricultural sector. Based on this conclusion, it is recommended that the Nigerian government determine the priority of agricultural investment and, at the same time, contribute to the effects of education costs.