Effects of Internal Control System Deficiency on Contractors’ Infrastructural Development Capability in the Nigerian Public Sector

Adepeju, Babatunde Shakirat

doi:10.17265/1537-1506/2015.12.002

Cited by 2 publications

(1 citation statement)

References 4 publications

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“…Specifically, efficient transportation and communication should be available, people should enjoy basic healthcare delivery with minimal effort and there should be food security; but, ironically, this is not the case. The problem is that the economic growth recorded has not translated into improved welfare as expected in some nations (Babatunde, 2015;Mitchell, 2005). This problem is of concern to this study because the trend has to be reversed.…”

Section: Statement Of the Problemmentioning

confidence: 99%

Government spending on infrastructure and economic growth in Nigeria

Babatunde

2018

Economic Research-Ekonomska Istraživanja

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This study aims to investigate government spending on infrastructure. Both primary and secondary data are used for the study. The secondary data comprise of reported annual spending on selected infrastructure and annual Gross Domestic Products for 1980 to 2016 for Nigeria. The data treatments used for the secondary data are unit root and co-integration tests using Augmented Dickey-Fuller and Phillip-Perron model. Weighted least square was used to test the sample of 37-year annual time series using vector error correction model. For the primary data, a sample of 242 respondents is utilised for the study. Statistical random sampling was used for the sample selection. The data analysis was done with descriptive statistics. Findings from the study indicate that government spending on transport and communication, education and health infrastructure has significant effects on economic growth; spending on agriculture and natural resources infrastructure recorded a significant inverse effect on economic growth in Nigeria. An element of fiscal illusion was observed in the government spending on agriculture and natural resources indicating that government is not contributing as much as the private sector in spending on agriculture and natural resources infrastructure in Nigeria.

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Section: Statement Of the Problemmentioning

confidence: 99%

Government spending on infrastructure and economic growth in Nigeria

Babatunde

2018

Economic Research-Ekonomska Istraživanja

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Government Expenditure on Infrastructure as a Driver for Economic Growth in Nigeria

Chijioke¹,

Amadi

2020

JIBRM

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This study primary examines the effects of government infrastructural expenditure on economic development in Nigeria. Secondary data sourced from reported annual spending on selected infrastructure and annual Gross Domestic Products were statistically analyzed. The data treatments used for the secondary data were unit root and co-integration tests using Augmented Dickey–Fuller and Phillip–Perron model. Weighted least square was also used to test the sample of 37-year annual time series using vector error correction model. The data analysis was done with descriptive statistics. Findings from the study revealed that government spending on transport, communication, education and health infrastructure have significant effects on economic growth; spending on agriculture and natural resources infrastructure recorded a significant inverse effect on economic growth in Nigeria. An element of fiscal illusion was observed in the government spending on agriculture and natural resources indicating that government is not contributing as much as the private sector in spending on agriculture and natural resources infrastructure in Nigeria.

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Effects of Internal Control System Deficiency on Contractors’ Infrastructural Development Capability in the Nigerian Public Sector

Abstract: Public-private-partnership-initiative, such as build-operate and transfer method of contracting, should be encouraged to improve on contractors' capability and stewardship.

Cited by 2 publications

References 4 publications

Government spending on infrastructure and economic growth in Nigeria

Government spending on infrastructure and economic growth in Nigeria

Government Expenditure on Infrastructure as a Driver for Economic Growth in Nigeria

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