IMPACT OF TAX REVENUE ON NIGERIA'S ECONOMIC GROWTH

📄 Project Abstract

The importance of taxation as a policy in a growing economy like Nigeria cannot underestimate. It has become one of the popular positions of professional economists that tax revenue of any given government / nation contributes to the checks and healthy management of its national governance economically and improves communal services. This project has taken a through researched process to highlight the fact that tax generally facilitates resource and promote social equity and ensure stability of economic growth. Hence Nigeria as the case study stands to encounter positive impact on her domestic growth. It also took through the historical development of taxation, classification of tax and its procedure for enforcement in Nigeria. Furthermore it considered the place of taxation in an economic development, though without underrating the difficulties associated with the system in Nigeria especially as it concerns lack of conversant among citizens. The survey of Nigeria macro-economic situat...