HEALTH FINANCING AND HUMAH DEVELOPMENT IN SUB SAHARAN AFRICA: THE NIGERIAN EXPERIENCE
Abstract
This study examines how Nigeria's economic growth is influenced by health financing. Its goals were to determine the effect of government recurrent spending on health and economic growth in Nigeria, as well as the relationship between government capital expenditure and health spending. The study used time series data from 1990 to 2022 and adopted an ex post facto research design. Ordinary least squares (OLS) was used for data analysis. The conclusion was that there is no significant correlation between Nigeria's economic growth and government capital spending on health. Further analysis showed that Nigeria's economic growth and government recurrent health spending do not have a strong relationship. To promote sustainable economic growth, it is recommended that the government increase its budget allocation to the health sector. Additionally, the government should ensure timely payment of health workers' salaries, wages, and benefits, which can motivate them to work more efficiently and increase per capita income.