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Road Infrastructure Expenditure and Economic Growth: Evidence from Nigeria Fiscal Data

Abstract This study investigated the impact of road infrastructure expenditure on economic growth in Nigeria using fiscal data from 2000 to 2023. Recognizing infrastructure as a crucial engine for economic development, the research focuses on two key dimensions of road infrastructure investment: road construction expenditure and transport and communication expenditure. The study adopts an ex-post facto research design, utilizing secondary time-series data sourced from the Central Bank of Nigeria and the National Bureau of Statistics. Descriptive statistics, correlation analysis, and Ordinary L…

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    from https://iiardjournals.org/get/JAFM/VOL. 11 NO. 12 2025/ROAD INFRASTRUCTURE EXPENDITURE 504-518.pdf