PUBLIC SECTOR RESILIENCE ON ECONOMIC SUSTAINABILITY IN NIGERIA
Abstract
This study aimed to establish the effect of public sector resilience on economic sustainability in Nigeria. Specifically, public sector resilience was examined through accountability, control of corruption, regulatory quality, and rule of law, while economic sustainability was measured by GDP growth rate. The study adopted an ex-post facto research design using secondary time-series data obtained from national statistical agencies and international databases. Data were analyzed using econometric procedures, including unit root tests, Breusch-Godfrey serial correlation LM test, Breusch-Pagan-Godfrey heteroskedasticity test, and Ramsey RESET stability test, to ensure robustness of the model. Findings revealed that public sector resilience significantly contributes to economic sustainability in Nigeria. Improvements in accountability, anti-corruption measures, regulatory effectiveness, and adherence to the rule of law were positively linked to GDP growth. Conversely, weak governance structures were found to undermine economic stability and sustainability. The study concludes that strengthening public sector resilience is crucial for Nigeria’s long-term development. It recommends governance reforms, enforcement of anti-corruption frameworks, capacity building of institutions, and strict adherence to the rule of law to foster inclusive and sustainable economic growth.
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References
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Firozpur Jhirka, Haryana, India
