Impact of Non-Oil Tax Revenue on Economic Growth in Nigeria

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dc.contributor.authorYahaya, Khadijat
dc.date.accessioned2021-10-12T10:48:21Z
dc.date.available2021-10-12T10:48:21Z
dc.date.issued2019
dc.description.abstractThis study examined the impact of non-oil tax revenue on economic growth in Nigeria. few work have covered non oil taxation and the relationship of company income tax (CIT), value added tax (VAT) and custom and excise duties tax (CED) on Real Gross Domestic Product of Nigeria. The study adopted ex-post facto research design, and data were drawn from the annual reports of Central Bank of Nigeria and Federal Inland Revenue Services publications. Auto Regressive Distributive Lag (ARDL) was employed to analyze the data collected after subjecting the series to unit root test and cointegration test. The result of the study showed that CIT (with coeff of 0.273863 and p-value of 0.0177) had a positive significant relationship with economic growth, while VAT (with coeff of 0.030389 and p-value of 0.8529) and CED (coeff of 0.003951 and p-value of 0.9730) had a positive insignificant relationship with economic growth. The study recommends that government should focus on increasing CIT revenue through strengthened regulations on tax compliance in order to restrain tax evasion and avoidance. More attention to channeling of VAT and CED revenue collections to infrastructural developments will bring about economic growth of the country.en_US
dc.identifier.issn2284-9459
dc.identifier.urihttps://uilspace.unilorin.edu.ng/handle/20.500.12484/6574
dc.language.isoenen_US
dc.publisherDanubius University of Galatien_US
dc.relation.ispartofseries9;2
dc.subjectGrowthen_US
dc.subjectGross Domestic Producten_US
dc.subjectNon-oil Taxen_US
dc.subjectRevenueen_US
dc.titleImpact of Non-Oil Tax Revenue on Economic Growth in Nigeriaen_US
dc.typeArticleen_US

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