International Journal of Development and Economic Sustainability (IJDES)

EA Journals

Empirical Review of Government Expenditure on Education and Economic Development in Nigeria (2000 – 2015)

Abstract

The study empirically reviewed government expenditure on education and economic development in Nigeria from 2000–2015.  The specific objective is to examine the extent to which the Nigerian GDP affects the government expenditure on education, social and community services and the number of school enrolment within the period being reviewed.  Secondary data employed were from the EFA 2015 report and CBN bulletin published in 2016.  Multiple regression analysis and student t-test were the statistical tools applied, with the use of SPSS for both data analysis and to test the hypotheses formulated for the study at 5% level of significance. The result indicated that expenditure on education is significant and impacts on the economy.  While the result on SCS and ENRL showed a significant relationship with the GDP but little or no impact.  The conclusion is that, the anti-graft fight by the present government to encourage proper use of resource allocation has to be encouraged by all good citizens and lovers of education.  If the resources allocated are efficiently utilized to equip Government owned schools, education will be affordable by all and number of school drop-outs will reduce significantly.  

Keywords: Economic Development, Education, GDP, enrolment, social and community services.

cc logo

This work by European American Journals is licensed under a Creative Commons Attribution-NonCommercial-NoDerivs 4.0 Unported License

 

Recent Publications

Email ID: editor.ijdes@ea-journals.org
Impact Factor: 7.72
Print ISSN: 2053-2199
Online ISSN: 2053-2202
DOI: https://doi.org/10.37745/ijdes.13

Author Guidelines
Submit Papers
Review Status

 

Scroll to Top

Don't miss any Call For Paper update from EA Journals

Fill up the form below and get notified everytime we call for new submissions for our journals.