ANALYSIS OF GOVERNMENT EXPENDITURE ON EDUCATION AND ITS IMPLICATION ON NIGERIA’S ECONOMIC GROWTH

ABSTRACT
          This research work diagnoses the level, composition and impact of government expenditure on education in Nigeria’s economic growth. In attempt to investigate this, regression technique was employed in the analysis where such tests as F-test, T-test, coefficient of multiple determination (R2), standard error test (S.E) and Durbin Watson statistics were used for the statistical tests. In the model, Recurrent Government Expenditure on Education (RGEE), Capital Government Expenditure on Education (CGEE) and Gross Domestic Product (GDP) were used as proxies to capture the study. The result reveals that Government Expenditure on Education has a significant impact on Economic Growth of Nigeria within the period; 1980-2008. Based on this, it was recommended that the allocation from the federation account to the state and local governments should be increased to allow them improve on the expenditure in the education sector and minimize the incessant industrial action embarked by Teachers and Lecturers almost every year.

TABLE OF CONTENT

Title page……………………………………………….
Approval page…………………………………………
Dedication……………………………………………..
Acknowledgement………………………………………
Table of content………………………………………
List of tables…………………………………………..
Abstract………………………………………………..

CHAPTER ONE
INTRODUCTION
1.1  Background of the study………………………………..
1.2  Statement of the problem……………………………….
1.3  Objective of the study……………………………………
1.4  Hypothesis of the study…………………………………..
1.5  Significant of the study…………………………………..
1.6  Limitations of the study……………………………………

CHAPTER TWO
2.0 LITERATURE REVIEW
2.1 Theoretical literature review
2.2 Please write other things like headings on this…….

CHAPTER THREE
3.0      Research methodology………………………….
3.1     Research Design……………………………….
3.2 Method of Evaluation………………
3.3 Sources of Data………………………………..

CHAPTER FOUR
4.0            Presentation and Analysis of result……………
4.1                  Presentation of Data………………………………
4.2                  Analysis of Result…………………………………
4.3                  Evaluated of Research Hypothesis……………… 
4.4                  Implication of Result

CHAPTER FIVE
5.0            Summary, conclusion and recommendation… 
5.1                  Summary of findings……………………………..
5.2                  Conclusion…………………………………………
5.3                  Recommendation…………………………………
Bibliography…………………………………………………
Appendix 1…………………………………………………………
 
LIST OF TABLES
Table 1:      Growth of Nominal and Real Federal Government
Education Expenditure (1977-1998)…………………………..
Table 2:      Federal Government Expenditure on Education as share of total Federal Expenditure (1977-2001)………………………..
Table 3:      Federal Government Expenditure shares by level of Education, 1996-2000……………………………………

RESEARCH PROJECT FOR THE AWARD OF BACHELOR OF SCIENCE DEGREE (B.Sc) IN ECONOMICS.
 
FACULTY OF SOCIAL SCIENCES
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