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Socio-Economic Infrastructure and Standard of Living in Nigeria

This study investigated the effect of socio-economic infrastructure on the standard of living in Nigeria for the period 1981–2021. The study used per capita income as a proxy for standard of living, while investments in health, education, telecommunications, and electric power supply were used as infrastructure. The exchange rate entered the model as a control variable. Annual time series data were obtained from secondary sources including the CBN annual statistical bulletin, and World Bank development indicators. The Eview10 Statistical Software was employed to analyze the data empirically. D…

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