Effect Of Petroleum Profit Tax On The Economic Growth In Nigeria (1995-2015)
ABSTRACT
The study examine the effect of petroleum profits tax on economic growth in Nigeria.
The objectives includes; To determine the effect of which petroleum profits Tax (PPT)
on gross domestic product in Nigeria; To determine the effect of petroleum profits tax
(PPT) on total tax revenue in Nigeria. The research designed employed is the ex-post-
facto type of research design which guides the researcher in his scientific inquiry, and
analysis. Data were sourced using secondary data such as: Annual reports, accounts of
the CBN statistical bulletin etc.. Analyses of data and testing of hypotheses were done
through the aid of statistical tools such as tables, Regression model. The findings shows
that: Petroleum profit tax has a significant effect on total economic growth in
Nigeria. The study recommends that the government should provide necessary human
and material infrastructures that are needed to support petroleum business so they
can earn more income that will boost taxation.
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EGOLUM, U (2021). Effect Of Petroleum Profit Tax On The Economic Growth In Nigeria (1995-2015). Mouau.afribary.org: Retrieved Oct 31, 2024, from https://repository.mouau.edu.ng/work/view/effect-of-petroleum-profit-tax-on-the-economic-growth-in-nigeria-1995-2015-7-2
UGOCHUKWU, EGOLUM. "Effect Of Petroleum Profit Tax On The Economic Growth In Nigeria (1995-2015)" Mouau.afribary.org. Mouau.afribary.org, 10 Jun. 2021, https://repository.mouau.edu.ng/work/view/effect-of-petroleum-profit-tax-on-the-economic-growth-in-nigeria-1995-2015-7-2. Accessed 31 Oct. 2024.
UGOCHUKWU, EGOLUM. "Effect Of Petroleum Profit Tax On The Economic Growth In Nigeria (1995-2015)". Mouau.afribary.org, Mouau.afribary.org, 10 Jun. 2021. Web. 31 Oct. 2024. < https://repository.mouau.edu.ng/work/view/effect-of-petroleum-profit-tax-on-the-economic-growth-in-nigeria-1995-2015-7-2 >.
UGOCHUKWU, EGOLUM. "Effect Of Petroleum Profit Tax On The Economic Growth In Nigeria (1995-2015)" Mouau.afribary.org (2021). Accessed 31 Oct. 2024. https://repository.mouau.edu.ng/work/view/effect-of-petroleum-profit-tax-on-the-economic-growth-in-nigeria-1995-2015-7-2