Government Education Expenditure and Per capita income in Nigeria between (1980-2015)

Abstract

The study examined the Effect of Government Expenditure on Education on Per capita income (PCI) in Nigeria between (1980-2015). The objective was to analyse the relative impact of federal government expenses to education on per-capita income. Relevant theoretical, empirical literature etc. was reviewed.  During the study, relevant data on our variables needed by the researcher were gotten from the Central Bank of Nigeria (CBN) Statistical Bulletin, The Classical Linear Regression Model was employed in modelling real correlation between per- capita income and variables of budgetary allocation. The OLS (Ordinary Least Square) equation technique was vigorously used to really analyse the data. The test for a unit root analysis showed that every variable weren’t stationary at levels except for life expectancy.