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September 10, 2025Journal of Finance and AccountingOpen Access

The Effect of Fiscal Policy on Economic Growth of Nigeria

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COChimeruo Victory Onyeka-IhemeCaleb University JEJerome Achadu EkleBabcock University OIOnyekachi Iheme-MadukairoBabcock University

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Implication

Ex-post facto analysis reveals fiscal policy significantly influences economic growth in Nigeria, suggesting the need for diversified revenue sources.

Key Points

Fiscal policy significantly affects economic growth in Nigeria, indicating a need for policy adjustments.
The analysis showed an adjusted R² of 0.59, and an F-statistic of 11.05, with p < 0.05.
This research utilized an ex-post facto design with data from 1994 to 2023, focusing on Nigeria's fiscal economy.
Diversifying revenue streams is crucial for sustained growth, highlighting the necessity for reforms in tax administration.

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Onyeka-Iheme et al. (2025) studied this question.

synapsesocial.com/papers/68c1b36054b1d3bfb60ea7c0 https://doi.org/10.11648/j.jfa.20251304.14

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Implication

Ex-post facto analysis reveals fiscal policy significantly influences economic growth in Nigeria, suggesting the need for diversified revenue sources.

The Effect of Fiscal Policy on Economic Growth of Nigeria

Discussion

Member takes

Implication

Key Points

Cite This Study

The Effect of Fiscal Policy on Economic Growth of Nigeria

Discussion

Member takes

Implication

Key Points

Cite This Study

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