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Capital Budget Expenditure On Administration and Public Investment in Nigeria

This study examined the effects of capital budget expenditure on administration on public investment in Nigeria between 1986 and 2023. Data for the study were gleaned from the publications of the Central Bank of Nigeria (CBN) Statistical Bulletin, Budget Office of the Federation and World Bank World Development Indicators (WDI). Public investment (proxied by government gross capital spending), capital budget expenditure on administration, capital budget expenditure on economic services and inflation were the variables of interest considered in the study. The Auto-regressive Distributed Lag (AR…

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