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Fiscal Policy Sustainability and Economic Growth of Nigeria

Authors: SIYANBOLA Trimisiu , Oseni , Akinlosotu Ma

Publication Type: Journal article

Journal: Solid State Technology

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Abstract

ustainable economic growth has been the desire of every nation’s citizen, but has not been fully
attained in Nigeria considering the level of infrastructural decay, unemployment rate, and huge public debt
despite several strategies in place to increase revenue and public expenditure over time. This study aimed at
examining the effect of fiscal policy sustainability on economic growth. The result of the Generalized Least
Square regression estimation test conducted using 38-years’ time series data (1981 – 2018) revealed that
fiscal policy sustainability significantly affects growth in real gross domestic product of Nigeria. The study
opined that there is a need for economic diversification strategies by the government, aiming towards
enhancing the growth of the nation, strategies to mitigate corruptions and other leakages in the nation’s
resources should be put in place, and lastly, debt should only be considered if targeted towards specific
infrastructural projects for the expansion of the economy; and the execution of such should be scrutinized
and critically monitored

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SIYANBOLA,T. Oseni,S. Akinlosotu,M. . (2020). Fiscal Policy Sustainability and Economic Growth of Nigeria, 63 (), 4158-4158.

SIYANBOLA,T. Oseni,S. Akinlosotu,M. . "Fiscal Policy Sustainability and Economic Growth of Nigeria" 63, no (), (2020): 4158-4158.

SIYANBOLA,T. and Oseni,S. and Akinlosotu,M. and . (2020). Fiscal Policy Sustainability and Economic Growth of Nigeria, 63 (), pp4158-4158.

SIYANBOLAT, OseniS, AkinlosotuM, . Fiscal Policy Sustainability and Economic Growth of Nigeria. 2020, 63 ():4158-4158.

SIYANBOLA,Trimisiu , Oseni,Sb , and Akinlosotu,Ma . "Fiscal Policy Sustainability and Economic Growth of Nigeria", 63 . (2020) : 4158-4158.

S.Trimisiu O.Sb & A.Ma , "Fiscal Policy Sustainability and Economic Growth of Nigeria" vol.63, no., pp. 4158-4158, 2020.

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