0704-883-0675     |      dataprojectng@gmail.com

TAX REVENUE AND INFRASTRUCTURAL DEVELOPMENT IN NIGERIA (1994–2017)  

  • Project Research
  • 1-5 Chapters
  • Abstract : Available
  • Table of Content: Available
  • Reference Style: APA
  • Recommended for : Student Researchers
  • NGN 5000

Abstract

This study investigated the impact of tax revenue on economic growth.

The Ex-post facto research design was adopted for the study. The Central Bank of Nigeria (CBN) and Federal Inland Revenue Service (FIRS) was chosen for the purpose of the study, The data used in the study was obtained majorly from secondary sources. The research employs quantitative method of data analysis, it was done in four folds: firstly, the descriptive analysis was performed using the mean, maximum, minimum, skewness, kurtosis and the probability of jarque-berra statistics.

The result of the regression analysis reveals petroleum profit tax and customs and excise duties were not statistically significant at 5% level of significance, this means that irregular fluctuation in this revenue did not allowed for significant contribution to gross fixed capital formation, hence infrastructural development expected, in the same vein value added tax and company income tax has significant impact on economic growth during the period under review. This can be attributed to the continuous and steady increase in the value of revenue from this area.

The study concludes that federally collected revenue has significant role in government decision to invest in infrastructural development. The study thereby recommends that; There should be stringent penalty imposed on any individual or corporate body who indulge in any form of tax malpractices irrespective of states; Efforts should be intensified by the government towards increased collection of tax revenue this is due to the low contribution of tax




FIND OTHER RELATED TOPICS


Related Project Materials

EFFECTIVE WAYS OF CONTROLLING EROSION IN A BUILDING SITE IN SELECTED SITES IN EKWULOBIA ANAMBRA STATE

BACKGROUND OF THE STUDY

 The development of soil erosion began when man settled down and started turning pasture la...

Read more
THE IMPACT OF INFLATION ON GOVERNMENT SPENDING IN NIGERIA ECONOMY

Abstract

The impact of Nigeria’s inflation on government spending between 1999 and 2019 was x-rayed in this paper....

Read more
COMPARATIVE ANALYSIS OF VALUE ADDED TAX REVENUE AMONG DIFFERENT SECTOR IN NIGERIA CASE STUDY OF FEDERAL INLAND REVENUE LAGOS STATE

ABSTRACT

The research provides a conceptual and analytical study in comparative analysis of value added tax Revenue amon...

Read more
An Assessment of the Challenges Facing the Nigerian Banking Sector in Adapting to Technological Changes: Evidence from Access Bank

Background of the Study

The global banking sector has undergone significant transformations due to rapid technological a...

Read more
The impact of Cost Accounting Practices in Enhancing Efficiency in SMEs in Dutse Local Government Area

Background of the Study

Small and medium-sized enterprises (SMEs) in Dutse Local Government Area (LGA) are an essential...

Read more
INFLUENCE OF HOME VIDEO ON MORAL BEHAVIOUR

ABSTRACT

 

This study was on the influence of home video watching on the moral behaviour of junior Secondary school studen...

Read more
An examination of the contribution of informal education to civic engagement among undergraduates in Zaria Local Government Area, Kaduna State

Background of the study
Civic engagement is a cornerstone of democratic societies, involving active participation in commu...

Read more
THE IMPACT OF UNEMPLOYMENT ON ECONOMIC GROWTH IN NIGERIA (1970-2010)

ABSTRACT

The term unemployment can be defined as an economics condition marked by the fact that individ...

Read more
The Impact of Action Films on Risk-Taking Behaviors Among Adolescents in Shendam Local Government Area, Plateau State

Chapter One: Introduction

1.1 Background of the Study

EMPLOYEE PARTICIPATION IN DECISION MAKING AND ITS IMPACT ON PRODUCTIVITY

Abstract

The purpose of this study is to examine employees participation in decision making and its impact in ANAMMCO Li...

Read more
Share this page with your friends




whatsapp