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Research article | Volume 4 Issue 2 (July-Dec, 2023)
TAX REFORMS AND NIGERIA ECONOMIC GROWTH
 ,
Under a Creative Commons license
Open Access
Published
Nov. 21, 2023
Abstract
This study is on the impact of tax reforms and Nigeria economic growth. The study covers the period of 1990-2019. A multiple regression model was specified to assess the value of petroleum profit tax, the value of company income tax, the value of custom duties, and value added tax on gross domestic product of Nigeria. The OLS results reveal that all other variables except company income tax have significant impact on GDP, which was used as a proxy for economic growth. Based on the above findings, it is therefore, recommended that there should be periodic inspection of tax procedures for all companies operating in the Nigeria economy. This will afford the government the financial leverage to perform some of its strategic developmental roles especially in the fiscal sector of the economy to bring about the much -desired national economic development.
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