Health and Education Expenditures in Relation to The Nigerian Economic Growth

The aim of this thesis is to empirically examine the impact of government education expenditure and health expenditure on the GDP per capita of the Federal Republic of Nigeria post the 2016 recession era. The main source of revenue for the federal Republic of Nigerian government is from the oil sector. Over the past few years, there has been an increase in the oil prices and as a result, this has boosted the government spending. In this study, investigation is being conducted on whether the increase in government spending on education and health have had an effect or significant impact in the GDP per capita or not post the recession era that hit the federal republic of Nigeria in 2016 by using data from 1981-2018. This study uses a bivariate econometric model to examine the relationship between socio-economic infrastructure spendings; government education and health expenditures, and the GDP per capita.