Macroeconomics and Monetary Economics
Keywords:
budget; transport infrastructure; health sector; economic growthAbstract
Federal government of Nigeria budgeted huge sum of money for transport infrastructures
and health sector every year. Despite the fund earmarked for transport infrastructures and health sector,
Nigerian roads are in bad positions while some roads are death traps and inadequate health facilities
bedevil our hospitals. Therefore, this study examines effect of federal government budget on transport
infrastructures and health sector on economic growth of Nigeria. The study used ex-post facto design
and collected data through secondary source. The study covers Federal Government of Nigeria budgets
for the period of 1999 to 2017. The study observed that government spending on transportation
infrastructure does not significantly affect economic growth while spending on health has significant
effect on economic growth. The study recommends among others that all health agencies within health
sectors and other stakeholders should be involved in budget implementation to ensure efficient use of
money meant for the sector.
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