International records / OpenAlex research

Impact of Tax Revenue on The Economic Performance of Nigeria

This paper examined the impact of tax revenue on the Nigerian economy for the period 2008- 2023. Secondary data used for the analysis were obtained from Central Bank of Nigeria (CBN) Statistical Bulletin and Federal Inland Revenue Service (FIRS) annual reports. The data included growth in gross domestic product (GDP) which was proxy for economic performance and five tax revenue variables, namely, petroleum profit tax (PPT), company income tax (CIT), value-added tax (VAT), education tax (EDT) and personal income tax (PIT) as explanatory variables. The study employed a multiple regression model …