THE IMPACT OF HEALTH PROGRAMMES ON ECONOMIC GROWTH IN NIGERIA

Nweze Paul Nweze

Abstract


This study focused on the impact of health programmes on economic growth in Nigeria. It also examined the impact of health programmes on human capital development in Nigeria Data were obtained from Central Bank of Nigeria (CBN) statistical bulletin from the period 1981 to 2012. Ordinary Least Square method and computer software were used to estimate the parameters of two models which were developed for the study. The results obtained showed that there was a positive relationship between health programmes and economic growth in Nigeria as well as a significant impact of health programmes on economic growth. Also, there was a positive and significant impact of health programmes on human capital development in Nigeria. The paper recommends, among other things, the need for an increase in government expenditure on health from the ten percent proffered by the national plan to the twenty percent benchmark recommended by UNESCO.


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