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
- Sokoto State University, Sokoto, Sokoto State 42
- St. Albert The Great Major Seminary, Abeokuta. (affl. To University of Benin) 1
- Sule Lamido University, Kafin Hausa, Jigawa State 4
- Tai Solarin University of Education, Ijagun, Ogun State 18
- Tansian University, Oba, Anambra State 1
- Taraba State University, Jalingo, Taraba State 32
- Temple-Gate Polytechnic, Osisioma, Abia State 1
- The Oke-Ogun Polytechnic, Saki, Oyo State 6
- The Polytechnic, Ibadan, Oyo State 13
- THOMAS ADEWUMI UNIVERSITY, OKO-IRESE, KWARA STATE 1