International records / OpenAlex research

The Effects of Non-Oil Revenue on Tax Yield in Nigeria Economy

This study investigates the effect of non-oil revenue on tax yield in Nigeria using annual time series data spanning 2020 to 2024. The analysis employs an econometric approach based on the Ordinary Least Squares (OLS) technique to examine the relationship between tax yield and non oil revenue. The empirical findings reveal that non-oil revenue has a positive and statistically significant effect on tax yield, indicating that increased revenue from non-oil sectors enhances government tax performance. The model demonstrates strong explanatory power, with a high coefficient of determination and ov…