International records / OpenAlex research

Tax Revenue and Economic Development in Nigeria: A Disaggregated Analysis

The objective of this study is to ascertain the relationship between tax revenue and economic development in Nigeria during the period 1994 -2016.Data were obtained from the Central Bank of Nigeria, Office of the Federal Inland Revenue Service and Annual Abstract of statistics of the National Bureau of Statistics.This study was based on time series data.The Augmented Dickey Fuller test, Multple linear regression, Multicollinearity test, Granger Causality test, Johansen cointegration test and Error correction model were employed in the analysis of the data.The findings of this study showed that…