PETROLEUM PROFIT TAX ADMINISTRATION IN NIGERIA: AN EMPIRICAL EVALUATION
- Project Research
- 1-5 Chapters
- Abstract : Available
- Table of Content: Available
- Reference Style: APA
- Recommended for : Student Researchers
- NGN 3000
Abstract
This study investigates the Petroleum Profit Tax Administration in Nigerian: an empirical evidence for the period 2004 to 2008. Thus three research questions and objectives were formulated, two hypotheses were formulated to test the significant level we use the gross domestic product (GDP), Total Tax Revenue (TTR), and expected development (ED) as the explanatory variables. The sample covers all the economic sectors of the country, including the oil sector and the non-oil sector. This study used primary and secondary data from Central Bank of Nigeria’s Statistical Bulletin, Nigerian National Bureau of Statistics, and the Nigerian national Petroleum Corporation. Simple regressions models and Statistical Package for Social Sciences were used in this study to evaluate the data collected. The results show that Petroleum Profit Tax has a positive and significant relationship with GDP and TTR. Based on these findings, this study concludes that petroleum profit tax has positively and significantly impacted the Nigerian economy when measured by GDP and TTR for the period 2004 to 2008. This study therefore suggests that the effect of petroleum profit tax on the Nigerian economy was positive for the period reviewed. The petroleum sector in Nigeria should be well coordinated and encouraged to grow so that more revenue should accrue to it. It is hoped that increased income through petroleum will enhance tax payment from that sector.
Related Project Materials
THE CAUSES, EFFECTS AND SOLUTION TO EXAMINATION MALPRACTICE IN SECONDARY SCHOOLS (A CASE STUDY OF ILAJE LOCAL GOVERNMENT AREA)
ABSTRACT
This research project work aims the causes, effect and remedy to examination malpractice amongst secondary scho...
THE ROLE OF COMMERCIAL BANKS IN THE DEVELOPMENT OF RURAL AREAS IN NIGERIA
ABSTRACT
This work draws attention to the role rural banking can play in Nigeria development. This is...
SECRETARY AND THE EFFECTS OF NEW OFFICE TECHNOLOGIES ON RECORD KEEPING MANAGEMENT
ABSTRACT
Human relations within an organization cease only on employee. This study was therefore conducted to find out t...
A CRITIQUE OF THE POWERS OF ATTORNEY GENERAL IN THE ADMINISTRATION OF CRIMINAL JUSTICE IN NIGERIA
ABSTRACTS
In the system of Administration of Justice in Nigeria, Attorney General occupies a very prominent position. As the Chief Law Of...
TOXIC EFFECTS OF GLYPHOSATE ON THE BEHAVIOUR, HAEMATOLOGY, HISTOPATHOLOGY AND GROWTH OF THE AFRICAN CATFISH, Clarias gariepinus (Burchell, 1822) JUVENILES
ABSTRACT
Fish are particularly sensitive to a wide variety of agrochemicals including glyphosate herbicide that may arise from not only d...
ASSESSMENT OF COVID-19 SAFETY COMPLIANCE LEVEL OF TRADERS IN WUSE MARKET, ABUJA
ABSTRACT
This study delves into the investigation of the covid-19 safety compliance level among Wuse Ma...
THE NOVELIST AS HISTORIAN: EXPLORING THE SOCIAL COMMENTARY, ACTIVISM AND POLITICALITY OF POST-COLONIAL AFRICAN LITERATURE
ABSTRACT
This study focuses on the role of the African writer in the politics and societies of Africa, especially how this role has been...
ATTITUDE OF OKADA RIDERS TOWARDS THE USE OF HEAD CRASH HELMET AND SAFETY
ABSTRACT
The study was on Attitude of Okada riders towards the use of crash helmet and safety. The stud...
SOCIAL MEDIA AS AN EFFECTIVE TOOL TO CHECKMATE ACTIVITIES OF NIGERIAN POLICE FORCE (A CASE STUDY OF THE END SARS CAMPAIGN)
BACKGROUND OF THE STUDY
Since the revolutionary rise of ICT or digitalization in the modern world, part...
ROLE OF MARKETING IN NIGERIA BANKING SECTOR
ABSTRACT
This study was carried out to examine role of marketing in nigeria banking sector with special reference to GT...
