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Education and Economic Growth: Empirical Evidence from Nigeria

Experts opined that education affects the society both at the micro and macro levels.However, the place of education has not been given its right place in Nigeria as reflected in the nation's budgetary allocations.Hence, this study examined the impact of different levels of education on different components of growth in Nigeria.Data were sourced from the cbn Statistical Bulletin (see http://www.cbn.gov.ng/documents/statbulletin.asp), the Nigerian Bureau of Statistics (see http://www.nigerianstat.gov.ng) and The World Bank (see http://www.worldbank.org)from 1970-2015.The Fully Modified ols esti…

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