Tax Revenue And Economic Growth In Nigeria

📄 Project Abstract

The contribution of taxation to any economy globally cannot be overemphasized. Apart from the revenue function it performs for the government, it is also used to assist the national government to achieve the country's macro-economic objectives in the areas of fiscal and monetary policies. Over the years, It has been observed that a substantial part of revenue generated in Nigeria is from taxes, yet the role of taxation in promoting economic activities and growth is not felt, mainly because of feasible evidences which cannot be seen nor perceived by the citizens in terms of infrastructure and basic amenities. Past documentations have revealed that revenue from taxes in developed nation's have high impact on its economic growth which clearly seen by the amenities provided by such nations. Thus the main objective of this study is to explore the relationship between taxation in Nigeria and her economic growth. Time series data were applied in carrying out this research work. Multiple Linea...