Impact Of Infrastructural Sector On Economic Growth In Nigeria

Authors

  • Musa Ibrahim Department of Economics, Faculty of Social Sciences Federal University of Lafia, Lafia Nasarawa State, Nigeria Author
  • Mohammed Ishaka Gani Department of Economics, Faculty of Social Sciences Federal University of Lafia, Lafia Nasarawa State, Nigeria Author
  • Sarah Ali Agara Department of Economics, Faculty of Social Sciences Federal University of Lafia, Lafia Nasarawa State, Nigeria Author

Abstract

This study examined the impact of infrastructural sector on economic growth in Nigeria. This study employed the use of trend analysis, descriptive statistics, Error Correction Model (ECM) of analysis, and granger causality test for analysis. The result of the analysis reveals that, the mean average values of the variables; RGDP, ESD, HSD and TSD are given as 54358.86, 81.30102, 11.67725 and 70.21210 billion Naira respectively while the standard deviation of the variables is given as 9.162022 Naira, 58462.68, 52.56622, 9.234883 and 35.54982 billion Naira respectively. Economic growth requires improvement in public expenditure on education and transportation. No evidence of granger causality either unidirectional or bidirectional causal relationship among the variables. The study therefore concluded that infrastructural development has a significant effect on economic growth in Nigeria and recommended that the government of Nigeria should ensure stringent result-oriented fiscal policy control measures are put in place to regulate public spending on educational sector development, health sector development and transport sector development.

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Published

2026-04-21