Factors That Reduce Savings In Nigeria 1980-2010

5ABSTRACTThis study investigates the core leading factors that reduce savingsin Nigeria between 1980 -2010 using ordinary Least Square (OLS)econometric framework, which will enable us proffer solutions forthe improvement of savings in the economy, which is also animportant component for economic development in any country.Base on data collected, it is discovered that savings output inNigeria during the period was unsatisfactory but was laterdiscovered as a necessary factor for economic development andgrowth. This research shows the significance of savings which isachieved when saving habits is…