International Journal of Accounting and Management Sciences (IJAMS)
Vol1 No.2 October 2022
DOI https://www.doi.org/10.56830/TZOW7125
Author
Kazeem Damola ARIJE
Abstract
Poor funding of the education sector and low school enrollment in Nigeria has been
affecting the manpower development of the citizen. This study is an empirical assessment of
public expenditure on education and manpower development in Nigeria for the period of 30
years (1990-2019). Secondary source and time series data were used and the variables such
as; human development index, public capital expenditure on education, public recurrent
expenditure on education, primary school enrollment, secondary school enrollment and
tertiary school enrollment were employed for the study. The data were sourced from Central
Bank of Nigeria (CBN) statistical bulletin of 2019 and World Bank Database. Data was
analyzed using Ordinary Linear Square (OLS) techniques with the aid of E-views version 09.
The various analyses that were used are unit root and regression. The findings revealed that
public recurrent expenditure on education (PREE), primary school enrollment (PSE), and
tertiary school enrollment (TSE) are statistically significant on the Human development index
(HDI) while public capital expenditure on education (PCEE) and secondary school
enrollment (SSE) are not statistically significant on the Human development index (HDI). It
was concluded that if public expenditure on education if managed will improve manpower
development in Nigeria. The study recommended that government should create awareness
about school enrollment especially at primary
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