DO EDUCATION OUTCOMES ENHANCE SUSTAINABLE DEVELOPMENT IN NIGERIA?

The study assessed the effect of education outcomes on sustainable development in Nigeria for the period 1990q1–2018q4. An Autoregressive Distributed Lag Model (ARDL) bounds test technique was used for the analysis. Adjusted net savings (ANS) were utilized as a measure of sustainable development. The adult literacy rate, primary school enrolment, and secondary school enrolment were used as proxies for educational outcomes. The research found that adult literacy rates had a strong favourable effect on sustainable development in both the short-run and long-run. Secondary school enrolment exhibited a positive, significant impact on sustainable development only in the long run, while primary school enrolment had an insignificant effect on sustainable development in both the short-run and long-run. Based on the findings, the study recommends increased budgetary allocation and subsidies for Nigerian education