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Impact of Economic Planning on Sustainable Development in Nigeria

This paper examined the impact of economic planning on sustainable development in Nigeria. The specific objectives were to: examine the impact of planned investments on economic, community and social services on poverty reduction and income inequality. The Fully Modified Least Squares and Granger causality tests were applied in analyzing the data sourced from the Central Bank of Nigeria Statistical Bulletin, National Bureau of Statistics and the World Bank. The cointegrating regression results show that planned investments in economic services exert significant positive impact on poverty rate …

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