The research work was to investigate the impact of cash management on the state public sector of Nigeria. The stated hypothesis is to determine the effect of money supply and fiscal deficit on the gross domestic product of Nigeria. On the literature review we were able to determine the advantages of cash management on the public sector of Nigeria. The method used for the purpose of analysis was the ordinary least square regression analysis.
From the analysis, we were able to find out that the value of that the value of the R2 is 0.781 which shows the explanatory variable was able to explain 78.1% of the dependent variable while the value of the adjusted R2 is 0.776 which also shows that the explanatory variable was able to explain 77.6% of the dependent variable.
From the table of ANOVA above we found out that the p-value is 0.008; which is less than
(0.05) level of significance so we concluded that there is a significant effect of money supply and fiscal deficit on the gross domestic product of Nigeria.
We found also that the value of d is 2.223 and we concluded that Since dU {1.654} < d*{2.239} < {4-dU}{2.346}, we accept the null hypothesis of autocorrelation.
We concluded that there is significant effect of money supply, fiscal deficit on the GDP.