International records / OpenAlex research

Effect of Non-Oil Revenue on Economic Growth of Nigeria

This study investigates the effect of non-oil revenue on economic growth in Nigeria, focusing on tax revenue, fees, fines, and government investment returns from 1990 to 2024. Recognizing the country’s heavy reliance on oil revenue and its associated vulnerability to price fluctuations, the research emphasizes the need for fiscal diversification to sustain economic growth. Using a comprehensive methodological framework, the study employs descriptive statistics to summarize trends and variability in the data, correlation analysis to examine the relationships among non-oil revenue components and…