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ABSTRACT
The goal of this research is to look at the topic of foreign aid and economic growth in Nigeria from a more macro level. Foreign aid is found to have a negative connection with economic development in this study using OLS estimate of data from 1991 to 2021, suggesting that aid has a tendency to slow down economic growth in Nigeria. Therefore, the government of Nigeria should implement enough policy measures to ensure that foreign aid is used effectively and to its full potential. To continue attracting foreign funding, the government should keep up with its existing changes in the economy's many sectors. In order to improve budgetary planning and reduce the uncertainty associated with assistance flows, donors should disclose information on prospective aid payments.