Government Spending in Nigeria increased to 795880.30 NGN Million in the fourth quarter of 2017 from 624001.80 NGN Million in the third quarter of 2017. Government Spending in Nigeria averaged 1031026.93 NGN Million from 2010 until 2017, reaching an all time high of 1615675.03 NGN Million in the fourth quarter of 2010 and a record low of 624001.80 NGN Million in the third quarter of 2017.
Government Spending in Nigeria is expected to be 817767.00 NGN Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Government Spending in Nigeria to stand at 828220.00 in 12 months time. In the long-term, the Nigeria Government Spending is projected to trend around 886353.00 NGN Million in 2020, according to our econometric models.