This study examines the impact of public expenditure accounting on the growth of the Nigerian economy. The research was anchored on the Keynesian theory of public expenditure that provided justifications for the conceptual and empirical discussion. This research employed descriptive and ex-post facto research design. It adopted the neo-classical production model and applied econometrics techniques to time series data. Secondary data was obtained from the CBN statistical bulletin, 2021. All estimations were performed with econometrical software called EVIEWS version 10.0. Findings revealed that Expenditure on administration has significant impact on Gross Domestic Product (GDP) in Nigeria. This is supported by the findings of Nwaolisa and Chinelo 1. Expenditure on economic services does not have significant impact on Gross Domestic Product (GDP) in Nigeria. This agrees with the findings of Egbulonu and Ubechu 2. Expenditure on social and community services does not have significant impact on Gross Domestic Product (GDP) in Nigeria. This is conformed in the study of Jeff-Anyeneh and Ibenta 3 and Anthony et al. finally Expenditure on transfers has significant impact on Gross Domestic Product (GDP) in Nigeria. This conforms with the findings of Bappahyaya et al. 4. Based on the findings it was recommended that Capital spending on economic services should be increased in Nigeria. Secondly, Expenditure on Social and Community services should also be increased in order to boost the GDP taking into consideration the current low level of investment on social and community services have resulted in the negative effect on GDP. Also, since the analysis showed that spending on transfer have a positive impact on economic growth, transfer spending should be boosted in Nigeria. Finally, Government should enhance it administrative expenditure to sustain the growth potentials of the economic through increasing it expenditure in running governmental activities.
Odumusor et al. (Sun,) studied this question.