STATISTICAL ANALYSIS OF NATIONAL INCOME OF NIGERIA FROM 2016 – 2023.

₦ 5,000.00
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ABSTRACT

The project focuses on conducting a comprehensive statistical analysis of national income from 2016 to 2023 in Nigeria. The analyses specifically examine the impact of government debt and inflation on unemployment rates during this period. Utilizing multiple regression analysis, the research demonstrates that government debt and inflation are significantly related to unemployment levels during the period provided. The result indicate that changes in government debt and inflation have a substantial influence on unemployment rate. The study’s findings underscore the critical role of managing government debt and inflation rates to migrate unemployment and promote economic stability. This research contributes valuable insight for policymakers, economists and stakeholders, guiding effective strategies for employment generation and economic growth of Nigeria.

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