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
- UMA UKPAI SCHOOL OF THEOLOGY, UYO, AKWA IBOM STATE (AFFL TO UNIVERSITY OF UYO) 1
- Umaru Ali Shinkafi Polytechnic, Sokoto, Sokoto State 24
- Umaru Musa Yaradua University, Katsina, Katsina State 28
- Umca, Ilorin (Affiliated To University of Ibadan), Kwara State 1
- University of Abuja, Abuja, Fct 117
- University of Africa, Toru-Orua, Bayelsa State 4
- University of Benin, Benin City, Edo State 362
- University of Calabar Teaching Hospital School of Health Information Mgt. 1
- University of Calabar, Calabar, Cross River State 240
- University of Ibadan, Ibadan, Oyo State 14