TAX AS A STIMULUS FOR GROWTH AND DEVELOPMENT IN NIGERIA
- Project Research
- 1-5 Chapters
- Abstract : Available
- Table of Content: Available
- Reference Style: APA
- Recommended for : Student Researchers
- NGN 3000
ABSTRACT
Taxation and its product, Tax have been very important vehicles for economic policies of many countries of the world. For a very long time, tax has been a major source of revenue for various levels of governments. For instance, in Nigeria, the laws of the land stipulate the categories of taxes that are collectable by each of the three tiers of government. This is with a view to enhancing basic economic growth and development at all levels of government. However, the use to which taxes are put is a major concern to the majority of Nigerians.
This paper examines the major taxes accruing to various governments in Nigeria as reported by the Federal Inland Revenue Service (FIRS). The study adopted the use of secondary data as the major data collection method. Thus, the author relies on data obtained from the Federal Inland Revenue Service report for the analysis of the various revenues accruing to Nigeria. Also, various books, journals and government publications were used extensively for the analysis. Reported opinions of Nigerians on the application of these revenues for developmental activities were also reviewed. The analysis of the taxes collected from 1995 to 2004 suggests that government has not really lived up to its responsibilities in terms of the provision of basic social amenities and other infrastructures necessary for the growth and development of a nation. The study therefore, suggests some recommendations, which if accepted and embraced could enhance a better economic growth and development in Nigeria.
Related Project Materials
THE IMPACT OF NIGERIA PIDGIN ON THE WRITTEN ON ENGLISH OF SENIOR SECONDARY SCHOOL STUDENTS
Abstract
This study is on the impact of Nigeria pidgin on the written on English of senior secondary school students. Th...
THE EFFECT OF COVID 19 PANDEMIC ON HOTEL PATRONAGE IN SOME SELECTED HOTELS IN ETSAKO WEST LOCAL GOVERNMENT AREA
ABSTRACT
This study was carried out to examine the effect of covid-19 pandemic on hotel patronage. The study aimed to as...
THE ROLE OF MANUFACTURING SECTOR ON ECONOMIC GROWTH AND DEVELOPMENT IN NIGERIA
Abstract
Over time, the absence of locally sourced inputs has resulted in low industrialization. This is as a result of...
ASSESSING CLASSROOM SIZE AND ITS INFLUENCE ON STUDENTS ACADEMIC PERFORMANCE
ABSTRACT
This research was performed to examine the influence of class room size on academic performance of secondary sc...
THE NIGERIAN MEDIUM SCALE BUSINESSES: ISSUES, CHALLENGES AND PROSPECTS
Abstract
The research work aimed at examining the issues, challenges and prospects of the Nigerian Medium Scale Business...
THE IMPACT OF GOVERNMENT POLICY ON THE GROWTH OF SMALL AND MEDIUM SCALE BUSINESS
Abstract
In this study the definition of small-scale industries was fully illustrated, which is...
DISTANT MARRIAGE AND FAMILY COHESION AMONG YOUNG COUPLES
Background of the study
Marriage, which incorporates the coupling of two individuals having various int...
ADOPTION OF INTERNATIONAL PUBLIC SECTOR ACCOUNTING STANDARDS IN FINANCIAL REPORTING BY ACCOUNT OFFICERS IN TERTIARY INSTITUTIONS SOUTH-EAST NIGERIA
Statement of the Problem
The incidence of financial malpractices and concealment of material facts in the financial stat...
THE ROLE OF FUND ACCOUNTANTS IN INVESTMENT MANAGEMENT
Abstract: THE ROLE OF FUND ACCOUNTANTS IN INVESTMENT MANAGEMENT
The objectives of this research are to: (1) analyze the critical function...
EXAMINING THE IMPACT OF EARLY CHILDHOOD EDUCATION ON COMMUNITY DEVELOPMENT
ABSTRACT: This study examined the Impact of Early Childhood Education on Community Development. The objectiv...
