*Mathematics/Statistics/Computer Science Department, Federal University of Agriculture Makurdi, Nigeria
**Economics Department, Kwararafa University Wukari, Nigeria
***Department of Economics, College of Advance and Professional studies Makurdi, Benue State
Online published on 30 September, 2013.
The paper investigates the Impact of Human Resource Development Expenditures on Economic Growth in Nigeria using a time series data for the period 1990–2011.The study found that human capital expenditure has positive impact on economic growth. The study concluded Nigeria is confronted with problems that could limit the capacity of expansion in human capital development to stimulate growth such as under-employment, low absorptive capacity, and shortage of professionals, regional imbalances and brain-drain. The study recommended that government and private sectors should partner by mobilizing resources to furnish tertiary institutions and equip them with adequate facilities in order to improve the quality of education to enhance human capital development for sustainable economic growth.
Public Expenditure, Economic Growth, Co integration, Causality, Development
