Economic Effect of Expenditure Cost of Niger Delta in Nigeria

Abstract

The study investigated the economic effect of expenditure cost of Niger-Delta militancy in Nigeria from 2017 to 2021. The specific objective was to determine the cost of Niger delta militancy amnesty program, the cost of pipeline vandalism and the cost of oil spillage and explosion on Nigeria’s GDP from 2017-2021. This research adopted comparative study method which involved obtaining data from past and present studies. The data required was obtained from the following sources: CBN statistical bulletin for the various years, Federal office of statistical annual account (FOS) and Nigeria National Petroleum Corporation (NNPC). The data required was obtained from the following sources: CBN statistical bulletin for the various years, Federal office of statistical annual account (FOS) and Nigeria National Petroleum Corporation (NNPC). The secondary method of data collection was adopted in this study which involves a longitudinal survey method for a period of four (4) years i.e. 2017-2021. The data for the study were generated from the Central Bank of Nigeria’s (CBN) Statistical Bulletin of various years. In analyzing the data generated for this study, the simple regression analysis was employed which was computed with the aid of the Statistical Package for Social Sciences (SPSS).

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