Budget deficits in Nigeria from 1980 to 2012 were found to have a positive impact on private savings. This means that when the government spends more than it earns, people tend to save more money. This goes against the idea that higher deficits would lead to more spending and less saving. The study suggests that changing people's mindset about deficits could help them see it as a boost to the economy rather than a burden in the future.