ADSU International Journal of Applied Economics, Finance and Management

AKINOLA Blessing Taiwo, ALIYU Mubarak, NJOKU Uchechukwu Olunu, AJENIWENI Peter Olushola, Onyibo Obianuju Eucheria and ADEJOH Mark Ojonugwa

AKINOLA Blessing Taiwo, ALIYU Mubarak, NJOKU Uchechukwu Olunu, AJENIWENI Peter Olushola, Onyibo Obianuju Eucheria and ADEJOH Mark Ojonugwa

Department of Economics, Federal College of Education, Odugbo

Impact of Fuel Subsidies on Government Fiscal Deficits in Nigeria

Abstract This study investigated the impact of fuel subsidy expenditures on government fiscal deficits in Nigeria from 2015-2022 using quarterly time series data. Autoregressive Distributed Lag (ARDL) modeling was utilized to estimate the relationship between fuel subsidies, fiscal deficit, GDP…