An Assessment of the Impact of Combined Tax Reforms on National Economic Growth in Nigeria
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Background of the Study
Combined tax reforms in Nigeria involve a systematic overhaul of both direct and indirect taxation systems aimed at optimizing revenue generation and spurring economic growth. Over time, fragmented tax policies have resulted in revenue leakages and an underperforming tax system. Recent initiatives have integrated various tax reforms, including the streamlining of tax bases, simplification of compliance procedures, and the introduction of progressive tax measures (Adeyemi, 2023). These efforts are intended to create a more equitable and efficient tax system that contributes significantly to national economic growth. The amalgamation of multiple tax reforms is viewed as a critical strategy in enhancing the overall fiscal capacity of the state (Okoro, 2024). Empirical evidence suggests that comprehensive tax reforms can stimulate investment, improve public sector accountability, and facilitate infrastructural development (Balogun, 2025). As Nigeria’s economy grapples with structural deficits and a need for diversification, combined tax reforms are posited as a transformative tool to realign fiscal priorities and boost economic performance. This study explores how the integration of diverse tax reform measures can impact economic growth by expanding the revenue base, reducing tax evasion, and promoting fairness in tax administration. The coordinated approach is expected to yield long-term benefits by fostering a more competitive and resilient economic environment (Adeyemi, 2023; Okoro, 2024; Balogun, 2025).
Statement of the Problem
Despite the introduction of combined tax reforms, Nigeria continues to face challenges in harnessing the full potential of its tax system to drive economic growth. Inadequate compliance, bureaucratic inefficiencies, and inconsistent policy implementation have hindered the realization of projected revenue enhancements (Okoro, 2024). These challenges have contributed to persistent fiscal deficits and limited public investment in key sectors. The fragmented nature of earlier tax policies has left behind structural inefficiencies that remain resistant to reform. Without addressing these fundamental issues, the anticipated boost in national economic growth remains elusive (Balogun, 2025; Adeyemi, 2023).
Objectives of the Study
- To assess the impact of combined tax reforms on national economic growth in Nigeria.
- To analyze the effectiveness of integrated tax measures in improving fiscal revenue.
- To recommend policy improvements for sustainable tax reform outcomes.
Research Questions
- What is the relationship between combined tax reforms and national economic growth?
- How effective are integrated tax reforms in enhancing fiscal revenue?
- What policy changes are necessary to optimize tax reform benefits?
Research Hypotheses
- Combined tax reforms significantly improve national economic growth.
- Integrated tax measures enhance fiscal revenue collection.
- Streamlined tax policies reduce administrative inefficiencies.
Significance of the Study
This study is significant as it critically evaluates the role of combined tax reforms in stimulating economic growth. By identifying strengths and gaps in current practices, the research offers a framework for policymakers to implement more effective tax strategies that promote economic development and fiscal sustainability (Adeyemi, 2023; Okoro, 2024; Balogun, 2025).
Scope and Limitations of the Study
This study is limited to evaluating the impact of combined tax reforms on national economic growth in Nigeria. It focuses solely on tax policy changes and their direct economic implications.
Definitions of Terms
• Combined Tax Reforms: The integration of various tax policy modifications aimed at overhauling the existing tax structure.
• National Economic Growth: The increase in a country’s economic output as measured by indicators such as GDP.
• Tax Compliance: The degree to which taxpayers adhere to the prescribed tax laws and regulations.
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