THE EVALUATION OF THE EFFECT OF GOVERNMENT EXPENDITURE ON THE GROWTH OF THE NIGERIA ECONOMY

This research on the evaluation of the effect of government expenditure on the growth of the Nigerian Economy. The main Objective is to examine the impact of the government spending on administration and economic development of Nigeria. The study used data of government expenditure on administration, government expenditure on economic service, government expenditure on social and community service that enhance growth and development in the Nigerian economy which was obtained from the central Bank of Nigeria (CBN) statistical bulletin spanning from 1990-2020. The data used in this research was tested for T-test, F-test, Co-efficient of determination and standard Error Test. This researcher adopted the ordinary least square techniques involving multiple regression analysis. The research found out that a positive relationship exist between government expenditure on administration, government expenditure on economic service and gross domestic product and a negative relationship between government expenditure on social and community service and gross domestic product. It was concluded that government expenditure policy have a influence in economic activities of Nigeria and policy makers should see the principle value of money as major watch word. A major recommendation is that government shouldreduce the rate of its spending on sow growing sectors of the economy.