International records / OpenAlex research

Cost Implications of Peace Accounting on Economic Growth in Nigeria

This study investigated the cost implications of peace accounting on economic growth in Nigeria. It assessed the effect of government security expenditures on Gross Domestic Product (GDP), analyzed opportunity costs related to high security spending, evaluated insecurity's effects on Foreign Direct Investment (FDI), and explored the influence of regional conflicts on national unity. Ex-post facto research design was utilized, secondary data from the Central Bank of Nigeria covering 2015 to 2023 were analyzed through descriptive statistics and Ordinary Least Squares (OLS) regression. Findings r…