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Effect of Government Expenditure on Standard of Living and Economic Growth in Nigeria

This study investigated the effects of government expenditure on the standard of living and economic growth in Nigeria over the period 1981-2023, employing the Autoregressive Distributed Lag (ARDL) estimation technique. Time series data was sourced from the Central Bank of Nigeria (CBN) Statistical Bulletin (2023) and the World Development Indicators. The analysis, conducted using E-Views 12 software, revealed that government expenditure on education had a negative relationship with both the standard of living and economic growth, both in the short and long periods. In contrast, government exp…

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