Tax Revenue Contribution and Economic Growth in Nigeria
Year: 2025
Type: article
Abstract: The study examined the impact of tax revenue contribution on the economic growth in Nigeria. The effect of non-oil revenue on the Nigerian economy and the relationship between Economic Growths. Data collected from Central Bank of Nigeria Statistical Bulletin was used for extractions, this is done using the desk survey method. Ordinary least square of multiple regression models’ equation was used to establish, the effect while correlation is used for test the relationship between the dependent and independent variable. It showed that there is a significant relationship between the non-oil tax revenue and the growth of the Nigerian economy. The findings also revealed that the non-oil tax revenue has a significant effect on gross domestic product. It was recommended that government should endeavour to provide social amenities to all hooks and crannies of the countries. Also, government should re-organise the taxation administration machineries in order to reduce tax evasion and tax avoidance. Finally, by enhancing the government tax base, employment opportunities should be created and good business environment for entrepreneurship and innovation to thrive for better tax proceeds.
Author: Ikechukwu, Alozie Anthony
Institution: University of Port Harcourt
Language: English
Subfield: Economics and Econometrics
Domain: Social Sciences
Open Access status: green
OpenAlex ID: W7125426371
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