International records / OpenAlex research

Capital Expenditure and Economic Development in Nigeria

This study examined the effect of capital expenditure on Nigeria’s gross domestic product and poverty outcomes with the aim of assessing whether public investment contributes simultaneously to economic growth and welfare enhancement. Anchored on a positivist and deductive paradigm, the research adopted an ex-post facto design and time-series analytical procedures consistent with established public expenditure scholarship. Secondary data covering 1982–2022 were sourced from the UNDP Human Development Reports, World Development Indicators, and the Central Bank of Nigeria Statistical Bulletin, fo…