International records / OpenAlex research

Taxation and National Development – Contribution of VAT to Nigeria’s Income Generating Capabilities

The study was on Taxation and National Development and the contributions of VAT to Nigeria’s income generating abilities. The problem under study was that Nigeria’s over-reliance on oil revenue has led to economic instability and vulnerability to global market fluctuations. The Country’s tax system, particularly Value Added Tax (VAT) has been identified as a potential solution to diversify revenue streams and promote national development. However, the contribution of VAT to Nigeria’s income generating capabilities remain unclear. The objectives were to establish the contribution of VAT to the …