International records / OpenAlex research

Impact of Transport and Communication Capital Expenditure on Economic Growth in Nigeria, 1986-2022

One of the major impediments to the improvement of the transport and communication sector is inadequate capital spending. Despite the readiness of the government to upgrade the critical infrastructures, there still exist huge infrastructural deficits in Nigeria. Based on these, this study examines the impact of government capital expenditure on transport and communication on economic growth in Nigeria between 1986 and 2021. The study employed autoregressive distributed lag model as the method of analysis and the result reveals that in the long run, government capital expenditure on transport a…