IMPACT OF CAPITAL FORMATION ON ECONOMIC GROWTH IN NIGERIA

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ABSTRACT

It has been argued that there exist a relationship between economic growth and capital formation . The main objective of this research is to ascertain the impact of capital formation and economic growth. The result of the study would be use by policy makers and acedemics in understanding the nature of relationship between capital formation and economic growth in Nigeria. It will also be of use to other developing countries especially those at the same level of development as Nigeria and in particular those countries that depend on capital formation for economic growth. The study intend to investigate the impact of capital formation on the economic growth between the periods of 1981-2020 with Nigeria as the case of study.

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