Effect of Fiscal Policy on Poverty in Nigeria

The study investigated the effect of fiscal policy on poverty in Nigeria. covered 35-year period, spanning from 1986 to 2020 being a liberalized era Nigerian economy. Fiscal explanatory variables, was disaggregated into federal government retained revenue (FRR), capital expenditure (GCE), recurrent (GRE),non-oil (NOR), and public debt (PD). Poverty index as dependent variable, unit measure for change rate used proxy poverty. Diagnostics test employed were, descriptive statistics mean, standard deviation, kurtosis skewness well Jarque-Bera while Augmented Dickey-Fuller root stationarity data Autoregressive distributive lag co-integration long-run relationship existing among variables. (ARDL) analysis since there long run variables Granger causality also directional under study. result showed that all studied were stationary at first difference except NOR FRR which level, has significant with ARDL non-oil initial negative but started -3.298345 Lag 3, then consistent positive effects 6.062662 4 through short periods. -3.739652 2followed by 0.390469 3 return 6.249618 within period. had similar trend -6.786381 period swung between out three year lagged 3.069591, 5.9766088, & 4.406814 ended -7.978000. It only profile rightly effect. Public -1.323569 3.415523 3on run. causal reduction revenue, do not have concludes adjusted R2 0.993059 (99%) p. value 0.006425 recommended be increased minimized order reduce