GOVERNMENT BUDGETARY ALLOCATION AND NIGERIA’S ECONOMY, 2009 – 2018
Keywords:
Government Allocation,, Economic Growth,, Education Sector, Agriculture and Natural Resources.Abstract
On a yearly basis, government allocates money to different ministries for sole aim of promoting economic growth and development. This study investigates the effect of budget allocation to education sector, agriculture and natural resources on gross domestic products. The study used ex-post facto research design and relied on secondary data collected from Central Bank Statistical Bulleting. The study covered the period of 2009 to 2018. Ordinary linear regression was used to analyze the data collected. The study observed that government spending on education significantly affects economic growth while government spending on agriculture and natural resources does not significantly affect economic growth in Nigeria. Therefore, the study recommends among others that government should ensure that money that is meant for farmers are disbursed to farmers and not hijacked by politicians cum business men. Farmers and herdsmen dispute should be resolved to promote enabling environment for farming that may leads to improving Nigeria economy.
Downloads
Published
How to Cite
Issue
Section
License
Copyright (c) 2019 Journal of Global Accounting
This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License.
Articles submitted to JOGA should not have been published or are currently under review by another Journal. Kindly see the guide for the preparation of the manuscript for details. Successful submission of articles by author(s) for publication clearly implies that the work is not an infringement of any existing copyright warranty as JOGA reserves the right to be indemnified by the author(s) where any breach of such warranty is proven. For ease of dissemination and to ensure proper policing of use, papers and contributions become the legal copyright of JOGA once published unless otherwise agreed.
Permission clearance should be obtained by the author(s) where applicable for the use of any content of interest not originally created by them. This must be done before the submission of the article to JOGA. Failure to do so may lead to a lengthy delay in publication, as JOGA is unable to publish any article which has permissions pending. Thus, the rights JOGA requires are:
- Non-exclusive right to reproduce the material in the article or book chapters.
- Print and electronic rights.
- To use the material for the life of the work (for instance, there should be no time restrictions on the re-use of material).
Where tables, figures or excerpts of more than 250 words are reproduced from another source, it is expected that:
- Author(s) should obtain the necessary written permission in advance from any third-party owner of the copyright for the use in print and electronic formats of any of their text, illustrations, graphics, or other material in their manuscript. Permission must also be cleared for any minor adaptations of any work not originally created by the author(s). The author (s) should not assume that any content freely available on the web is free to use.
- Where the author adapts a significant number of any material, the author(s) must inform the copyright holder of the original work.
- Author obtains any proof of consent statements
- The author must acknowledge figure(s) and content adopted or adapted in work utilizing source(s) and further capture them in the list of references.
