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The Impact of Military Spending on Economic Wellbeing in Nigeria

The impact of military spending on domestic output is contentious and therefore requires further analysis on a country by country basis to determine its level of significance. Nigeria’s military contributions to the Economic Community of West African States (ECOWAS) sub-region and the recent rise of various insurgencies, particularly, Jamāʿat Ahl al-Sunna lil-Daʿawah wa al-Jihād’ (Boko Haram) – arguably the most fatal insurgent group – has increased Nigeria’s military expenditure. This study investigates the impact of this increase in military spending on the economic well-being (measured by G…

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