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
- Al-Hikmah University, Ilorin, Kwara State 2
- AL-ISTIQAMAH UNIVERSITY, SUMAILA, KANO STATE 1
- Al-Qalam University, Katsina, Katsina State 5
- Alex Ekwueme Federal University, Ndufu-Alike, Ebonyi State 87
- Alvan Ikoku College of Education, Imo State, (Affl To Univ of Nigera, Nsukka) 11
- Ambrose Alli University, Ekpoma, Edo State 478
- Anambra State College of Health Technology, Obosi, Anambra State 1
- Auchi Polytechnic, Auchi, Edo State 503
- Auchi Polytechnic, Auchi, Edo State. (affl To Nnamdi Azikiwe University, Awka) 3
- Audu Bako College of Agriculture Danbatta, Kano, Kano State 54