Effects of Humanitarian Aids on the Economic of Nigerian
DOI:
https://doi.org/10.57125/FEL.2023.06.25.01Keywords:
Humanitarian Aids, Economic Growth, Non-Governmental Organization, Nigeria Humanitarian Fund, UN Office for the Coordination of Humanitarian AffairsAbstract
This research investigates the impact of Humanitarian Aids on the Nigerian economy. The Data for the work were obtained from the United Nation Office for the Coordination of Humanitarian Affairs (OCHA), Nigerian Humanitarian Found (NHF) and World Bank Data spanning for the period (2014-2021) reports. The simple linear Regression analysis method was used in order to analyse data after testing the unit root and cointegration. The unit root test indicates that the variables are stationary at second difference which necessitates the conduct of cointegration test. Trace statistics indicate one cointegration which proves the existence of long run relationship among the variable. The major objective of the study is to find out if humanitarian aids significantly affect the economic growth and the question that raises is if humanitarian aids significantly affect the economy in Nigeria and how can government effectively and efficiently utilise the opportunities of humanitarian aids toward economic development of the country. The study recommends that government should provide some funds in order to assist in financing humanitarian projects under the supervision of United Nation the Office for the Coordination of Humanitarian Affairs and Nigerian Humanitarian Found in order to improve their performance of responding to the most pressing or critical emergencies within and outside the country. The study concludes that there is a positive significant relationship between the inflow of foreign aids and the value of the country Gross Domestic Product.
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