The research employed a quantitative research design, utilizing secondary time-series data from reliable sources such as the Central Bank of Nigeria, National Bureau of Statistics, and the World Bank. The paper is anchored on the Keynesian theory of government spending and the neoclassical growth theory. The Autoregressive Distributed Lag (ARDL) bounds testing approach used to examine the long-run and short-run relationships among the variables. The findings reveal that while defense spending has risen substantially, its direct impact on economic growth is nuanced and complex. The study suggests that factors such as past GDP performance and inflation rates play a more pivotal role in shaping economic outcomes than defense expenditures alone.
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