Capital Budgeting and Health Sector Performance in South West Nigeria

This study examined the relationship between budgeted capital and health sector performance in South West Nigeria. The study adopted statistical tools to analyse the data that were sourced from the approved budget estimates of the six South Western States. The descriptive statistics showed that on an average level, all the selected capital expenditures contributed approximately 99.9% to their capital budgetary allocations. Jarque-Bera test statistics reveals that capital budgetary allocation and all other variables were normally distributed. The covariance analysis showed that all the variables were significant with a positive association with capital budgetary allocation. Based on the findings, the study concludes that there is poor allocation of budget for health sector and water resources, while expenditure on environmental sanitation was significant at 5%. The study recommends that government should increase the intervention budgetary allocation to health sector for general well-being of citizens.