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AN EMPIRICAL INVESTIGATION OF THE EFFECTIVENESS OF GOVERNMENT SPENDING ON EDUCATION AND HEALTH SECTORS IN NIGERIA (1980-2009)
Abstract:
The study investigated the efficiency and effectiveness of government spending on human capital development in Nigeria (1980-2009) as a means of determining whether government spending on human development were efficient and effective in accomplishing the human development outcomes in the country. Specifically, the study focused on two main components of human capital- education and health; and modelled each component separately.The study used secondary data and employed ordinary least square techniques to estimate; in addition to charts and percentages for trend analysis. The result revealed that government capital spending on education and health sectors in the country is inefficient and ineffective in spurring human development. The study concluded that there was need for more capital spending as well as effective budget monitoring and evaluation through the use of performancebased budget technique rather than the line-itemed budget system.
AN EMPIRICAL INVESTIGATION OF THE EFFECTIVENESS OF GOVERNMENT SPENDING ON EDUCATION AND HEALTH SECTORS IN NIGERIA (1980-2009)
