Effects Of Fiscal Arrangement On Economic Growth In Nigeria 1990-2020

Chima Kenneth Anachedo, Jisike Jude Okonkwo, Izuchukwu Andrew Nnoje, Elechi Sarah Jeff-Anyeneh


Fiscal arrangement which is about how government revenue are earned and government expenditure incurred, this study then investigates the effect of fiscal arrangement on economic growth in Nigeria for the period of 1990 to 2020. With the inflow of revenue from the oil sector and non-oil sector, Nigerian economy still suffers economic dwarfism and despite the recurrent and capital expenditure been incurred, the economy still suffers infrastructural epilepsy which warranted the need for this research work. This research used an ex-post facto research design. ADF test was conducted, the Ordinary Least Square regression model and Granger Causality test was employed and findings revealed that both oil and non-oil revenues negatively predicts economic growth indicating that periodic increase in government revenues coincided with a decline in economic growth. Recommendations was made based on findings, is that the government should take a three step approach to tackle the dwarfish growth of the economy.




Government revenue, Government expenditure, Non-Oil revenue, Oil revenue, Capital expenditure, Recurrent expenditure.

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DOI: http://dx.doi.org/10.52155/ijpsat.v30.1.3938


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