Effect Of Tax Revenue On The Economy Of Nigeria (2007-2016):- Esinwoke, Standhope
ABSTRACT
The topic of this research is on
the effect oftax revenue in the economy ofNigeria. The purpose of this study is
to assess the effect oftax revenue on the economy of Nigeria over the years,
the revenue derivedfrom taxes has been very low and no physical development
actually tookplace, hence the effect on the low income earners is not beenfelt.
Inadequate tax personnel, fraudulent activities oftax collectors and lack of
understanding ofthe importance to pay tax payers are some ofthe issues
affecting the economy of Nigeria. The above problems has led to increase in
recession volatility which has also affected the economic growth ofthe country.
The majorproblems lies in the collection ofsuch taxes especiallyfrom the
selfemployed such as the businessmen, professional practitioners like lawyers,
doctors, accountants, architects and traders in shops among others. Civil
servants and their salaried workers are the only class ofpeople that actually
pay tax in Nigeria. However, an in-dept study of this work would help the
government on proper monitoring oftaxes and administration.
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ESINWOKE, S (2023). Effect Of Tax Revenue On The Economy Of Nigeria (2007-2016):- Esinwoke, Standhope. Mouau.afribary.org: Retrieved Oct 31, 2024, from https://repository.mouau.edu.ng/work/view/effect-of-tax-revenue-on-the-economy-of-nigeria-2007-2016-esinwoke-standhope-7-2
STANDHOPE, ESINWOKE. "Effect Of Tax Revenue On The Economy Of Nigeria (2007-2016):- Esinwoke, Standhope" Mouau.afribary.org. Mouau.afribary.org, 21 Nov. 2023, https://repository.mouau.edu.ng/work/view/effect-of-tax-revenue-on-the-economy-of-nigeria-2007-2016-esinwoke-standhope-7-2. Accessed 31 Oct. 2024.
STANDHOPE, ESINWOKE. "Effect Of Tax Revenue On The Economy Of Nigeria (2007-2016):- Esinwoke, Standhope". Mouau.afribary.org, Mouau.afribary.org, 21 Nov. 2023. Web. 31 Oct. 2024. < https://repository.mouau.edu.ng/work/view/effect-of-tax-revenue-on-the-economy-of-nigeria-2007-2016-esinwoke-standhope-7-2 >.
STANDHOPE, ESINWOKE. "Effect Of Tax Revenue On The Economy Of Nigeria (2007-2016):- Esinwoke, Standhope" Mouau.afribary.org (2023). Accessed 31 Oct. 2024. https://repository.mouau.edu.ng/work/view/effect-of-tax-revenue-on-the-economy-of-nigeria-2007-2016-esinwoke-standhope-7-2