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Department of Economics, Science and Technology, Bamidele Olumilua University of Education , Ekiti State , Nigeria
It has been the worries of the economist and policy makers getting the economy into the desired growth trajectory investment in solid minerals has been one of the identified growth drivers in economic literature. The study examined the impact of fiscal and monetary policy on the mining sector output in Nigeria via time- series data between 1981 and 2021. The unit root test was conducted adopting Philippereon , while the Autoregressive Distribution Lag (ARDL) method was employed. The study concluded that the performance of mining sector has been unimpressive during the period. Only the interactive impact of fiscal policy and monetary policy (proxy money supply) significantly influenced mining sector output in Nigeria. The study recommended that there is a need to increase the budgetary allocation to the mining sector both at the federal and state levels to boost the growth of the mining sector. Also, the government should advance more credit through special directives from the Central Bank of Nigeria to commercial banks to grant more loans to the mining sector.
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