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What is Government Spending and Growth in Nigeria about?

The study examines the impact of government expenditure on economic growth in Nigeria, focusing on the moderating effect of debt servicing from 1990 to 2024. Using the Autoregressive Distributed Lag (ARDL) model, the findings indicate that high debt servicing negatively affects real GDP, while total revenue and oil prices positively influence economic performance. The research concludes that debt servicing crowds out productive investment, highlighting the need for prudent fiscal policies to enhance economi

Author

IJMSRT

Language

EN