This study examined Education expenditure and sustainable development in Nigeria. This study adopted secondary data obtained from the Statistical Bulletin of the Central Bank of Nigeria (CBN) and the national Bureau of Statistics covering the period from 1980 to 2020. Unit Root, Bound test and the Autoregressive Distributed Lag model was employed for data analysis. The results from the analysis revealed that; literacy rate, recurrent expenditure and capital expenditure on Education showed positive and significant relationship with Sustainable Development. Unemployment and inflation however showed negative but significant relationship with the dependent variable.Hence, it was recommended that Government should increase the budgetary allocation to Education up to 26 percent recommended by UNESCO.
