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Effect of Cost of Governance on Economic Growth of Nigeria

The study investigated the effect of cost of governance on economic growth in democratic dispensation in Nigeria.The variables of cost of governance are broken into general administration, defense, internal security and national assembly and used as the explanatory variable while GDP served as the dependent variable and proxy for economic growth.The study covered the civil rule in Nigeria forth republic of 1999 to 2014.Diagnostics test and Ordinary Least Square regression was carried out.The results show that cost of general administration (8.67 GA), defence (169.99 national assembly (496.50NA…

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