Dading Festus Isuwa

The study was undertaken to examine the impact of Human capital development on economic growth in Nigeria from 1981 to 2021.The main objective of the study is to examine the impact of human capital development has on the growth dynamics of the Nigerian economy. The study adopted the autoregressive distributive lag (ARDL), unit root and co-integration using EVIEWS 9 toanalyse among the variables using time series data on government expenditure on education (GEE), government expenditure onhealth (GEH), population growth (POPGR) and government expenditure on social community services (GESCS) as proxies for human capital development, and gross domestic product (GDP) as proxy for economic growth. The results reveal that increases inhuman capital increases economic growth in Nigeria. and health sectors of the economy. The study recommend that the government and policy makers should increase its total expenditure on education, ensure sufficient budgetary allocation on health expenditure, and ensure a standard is set across all educational institutions in the country so that proper human capital required for any individual to become productive and economic growth is enhanced.

Foreign Direct Investment (FDI) is often seen as a driver of economic development, bringing capital, technology, and expertise to various sectors, including healthcare. However, its impact on health expenditure in Nigeria remains unclear. This study examines the relationship between FDI and health expenditure in Nigeria using secondary time-series data from 1990 to 2023, sourced from the National Bureau of Statistics (NBS) and the Central Bank of Nigeria (CBN).The dependency theory forms the theoretical framework of the study. The Ordinary Least Squares (OLS) and the Fully Modified Ordinary Least Square regression method was
employed to assess whether FDI significantly influences health expenditure while accounting for economic growth and government expenditure. The findings reveal that while FDI shows a positive relationship with health expenditure, its impact is statistically insignificant. In contrast, economic growth significantly contributes to increased health spending, highlighting its crucial role in healthcare financing. Interestingly, government expenditure on health appears to have a negative effect, raising concerns about inefficiencies in public healthcare investment. Additionally, due to data limitations, the study could not fully assess FDI’s impact on healthcare accessibility, quality, and private sector investment, leaving room for further investigation.

Foreign Direct Investment (FDI) is often seen as a driver of economic development, bringing capital, technology, and expertise to various sectors, including healthcare. However, its impact on health expenditure in Nigeria remains unclear. This study examines the relationship between FDI and health expenditure in Nigeria using secondary time-series data from 1990 to 2023, sourced from the National Bureau of Statistics (NBS) and the Central Bank of Nigeria (CBN).The dependency theory forms the theoretical framework of the study. The Ordinary Least Squares (OLS) and the Fully Modified Ordinary Least Square regression method was employed to assess whether FDI significantly influences health expenditure while accounting for economic growth and government expenditure. The findings reveal that while FDI shows a positive relationship with health expenditure, its impact is statistically insignificant. In contrast, economic growth significantly contributes to increased health spending, highlighting its crucial role in healthcare financing. Interestingly, government expenditure on health appears to have a negative effect, raising concerns about inefficiencies in public healthcare investment. Additionally, due to data limitations, the study could not fully assess FDI’s impact on healthcare accessibility, quality, and private sector investment, leaving room for further investigation

Foreign Direct Investment (FDI) is often seen as a driver of economic development, bringing capital, technology, and expertise to various sectors, including healthcare. However, its impact on health expenditure in Nigeria remains unclear. This study examines the relationship between FDI and health expenditure in Nigeria using secondary time-series data from 1990 to 2023, sourced from the National Bureau of Statistics (NBS) and the Central Bank of Nigeria (CBN).The dependency theory forms the theoretical framework of the study. The Ordinary Least Squares (OLS) and the Fully Modified Ordinary Least Square regression method was employed to assess whether FDI significantly influences health expenditure while accounting for economic growth and government expenditure. The findings reveal that while FDI shows a positive relationship with health expenditure, its impact is statistically insignificant. In contrast, economic growth significantly contributes to increased health spending, highlighting its crucial role in healthcare financing. Interestingly, government expenditure on health appears to have a negative effect, raising concerns about inefficiencies in public healthcare investment. Additionally, due to data limitations, the study could not fully assess FDI’s impact on healthcare accessibility, quality, and private sector investment, leaving room for further
investigation

Foreign Direct Investment (FDI) is often seen as a driver of economic development, bringing capital, technology, and expertise to various sectors, including healthcare. However, its impact on health expenditure in Nigeria remains unclear. This study examines the relationship between FDI and health expenditure in Nigeria using secondary time-series data from 1990 to
2023, sourced from the National Bureau of Statistics (NBS) and the Central Bank of Nigeria (CBN).The dependency theory forms the theoretical framework of the study. The Ordinary Least Squares (OLS) and the Fully Modified Ordinary Least Square regression method was employed to assess whether FDI significantly influences health expenditure while accounting for economic growth and government expenditure. The findings reveal that while FDI shows a positive relationship with health expenditure, its impact is statistically insignificant. In contrast, economic growth significantly contributes to increased health spending, highlighting its crucial role in healthcare financing. Interestingly, government expenditure on health appears to have a negative effect, raising concerns about inefficiencies in public healthcare
investment. Additionally, due to data limitations, the study could not fully assess FDI’s impact on healthcare accessibility, quality, and private sector investment, leaving room for further investigation.