ABSTRACT
The study examined the analysis
of the contribution of value added tax on economic growth of Nigeria from. The
specific objectives were to ascertain the impact of value added tax on gross
domestic product of Nigeria, to determine the impact of value added tax on
Federal government total revenue of Nigeria and to ascertain the impact of
value added tax on other indirect taxes in Nigeria. The researcher collected
secondary data for the study sourced from the Central Bank of Nigeria
Statistical bulletin. The sourced data were analyzed with simple regression.
The findings of this study revealed that value added tax has positive and significant
impact on gross domestic product of Nigeria, value added tax has positive and
significant impact on federal government total revenue of Nigeria and value
added tax has positive and significant impact on other indirect taxes in
Nigeria. It was recommended that Nigeria government should put in place
measures to effectively utilize generated value added tax VAT revenue for
infrastructural and economic development.
OBI, O (2021). Value Added Tax and Economic Growth In Nigeria. Mouau.afribary.org: Retrieved Nov 02, 2024, from https://repository.mouau.edu.ng/work/view/value-added-tax-and-economic-growth-in-nigeria-7-2
OBIAGELI, OBI. "Value Added Tax and Economic Growth In Nigeria" Mouau.afribary.org. Mouau.afribary.org, 23 Jul. 2021, https://repository.mouau.edu.ng/work/view/value-added-tax-and-economic-growth-in-nigeria-7-2. Accessed 02 Nov. 2024.
OBIAGELI, OBI. "Value Added Tax and Economic Growth In Nigeria". Mouau.afribary.org, Mouau.afribary.org, 23 Jul. 2021. Web. 02 Nov. 2024. < https://repository.mouau.edu.ng/work/view/value-added-tax-and-economic-growth-in-nigeria-7-2 >.
OBIAGELI, OBI. "Value Added Tax and Economic Growth In Nigeria" Mouau.afribary.org (2021). Accessed 02 Nov. 2024. https://repository.mouau.edu.ng/work/view/value-added-tax-and-economic-growth-in-nigeria-7-2