ABSTRACT

This study has examined the impact of government revenue allocation and its impact on economic growth in Nigeria for the period of 21 years (1993-2014) The data used for the study were gotten from the publications of the central Banks of Nigeria, such as the statistical Bulletin. Of various years, Multiple linear regression technique was used for data Analysis. The result indicated that allocations to state and local government has a significant impact on economic growth in Nigeria whereas allocations to federal government was not significant for period under review however revenue allocations for overall does not have any significant impact on economic growth in Nigeria this could be attributed to high level of corruption and diversion of government funds meant for developmental purposes: It is thus recommended that government officials should invest government funds into a more economic, social and welfare oriented projects which will attract investors, as such boost the economic growth of the country.