Government spending on infrastructure boosts Nigeria's economy, study finds.
The article examines how government spending in Nigeria between 1980-2011 affected the economy. They found that spending on infrastructure and capital projects had a greater positive impact on the economy compared to recurrent spending. The study used statistical analysis to show that recurrent spending had a negative short-term impact on the economy, while capital spending had a positive impact. The researchers recommend that more government funds should be allocated to infrastructure and capital projects to boost economic growth.