The Impact of Fiscal Policy on Inflation in Nigeria (1990–2022
Student: Isaac Oluwabamidele Balogun (Project, 2025)
Department of Economics
Ekiti State University, Ado-Ekiti, Ekiti State
Abstract
This study examines the impact of fiscal policy on inflation in Nigeria from 1990 to 2022 using data from the Central Bank of Nigeria and the National Bureau of Statistics. The study applied the Autoregressive Distributed Lag (ARDL) model to evaluate short- and long-run relationships among government expenditure, taxation, public debt, and inflation. Findings revealed that inflation negatively affects economic growth, while government expenditure and revenue have insignificant long-run impacts. The study recommends prudent fiscal management, diversification of government revenue, and efficient public spending to promote macroeconomic stability and sustainable growth.
Keywords
For the full publication, please contact the author directly at: oluwabamideleisaac@gmail.com
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Institutions
- Redeemers University, Ede, Osun State 4
- Rhema University, Aba, Abia State 11
- Rivers State University of Science and Technology, Port Harcourt, Rivers State 3
- RIVERS STATE UNIVERSITY, PORT HARCOURT, RIVERS STATE 13
- Rufus Giwa Polytechnic, Owo, Ondo State 2
- Saadatu Rimi College of Edu, Kumbotso, Kano State (affiliated To Abu, Zaria) 1
- Salem University, Lokoja, Kogi State 4
- School of Health Information Mgt (Uch, Ibadan), Oyo State 5
- School of Health Information Mgt, Oau Teaching Hospital, Ile-Ife, Osun State 30
- Skyline University Nigeria, Kano, Kano State 2