Abstract:
Seemingly, the concept of misery looks unquantifiable but has been established as the aggregate of unemployment and inflation rates. Nigeria is in this dilemma situation as it is ranked the 6th most miserable country in the world. The study aims to examine the nexus between fiscal policy and citizen’s misery in Nigeria. The study employed the Johansen Co-integration test and the Vector Error Correction Model (VECM) to estimate both the long run and short run relationship respectively. The study finds a negative relationship between fiscal policy and misery index. Thus, the study recommended that the government should ensure sustainable economic growth in the economy to combat high misery levels in Nigeria.
