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September 5, 2025Zamfara International Journal of Humanities

Fiscal Deficits and Economic Growth in Nigeria: An Empirical Analysis of Policy Implications and Macroeconomic Stability

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Authors

OAO. D. ApalowawaAOA. OmosebiGOG .D. Owoseni

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Implication

Empirical analysis reveals fiscal deficits significantly influence economic growth in Nigeria, suggesting vital policy reforms.

Key Points

  • Fiscal deficits significantly affect economic growth in Nigeria, indicating urgent policy reforms are necessary.
  • Tax revenue and budget deficit were found to have a considerable impact on the nation's economic growth.
  • An ex-post facto research design was employed, utilizing data derived from the Central Bank of Nigeria and the World Bank.
  • Improved tax administration and infrastructure investment are crucial for ensuring long-term macroeconomic stability.

Cite This Study

Apalowawa et al. (2025) studied this question.

synapsesocial.com/papers/68c23a2cb210217d6477f66fhttps://doi.org/10.36349/zamijoh.2025.v04i01.014
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Also Consider

Synapse has enriched 5 closely related papers on similar clinical questions. Consider them for comparative context:

  1. 1The Effect of Fiscal Policy on Economic Growth of Nigeria2025
  2. 2Fiscal Policy and Economic Growth in Nigeria: A Comparative Analysis with Emerging and Industrialized Economies2025
  3. 3Public Debt and Economic Growth in Nigeria: An Empirical Analysis (1986-2024)2025 · 1 citations
  4. 4Fiscal Deficit and Inclusive Economic Growth in Nigeria2025
  5. 5Oil Revenue Fluctuation, Fiscal Policy Response and Economic Growth in Nigeria.2025