ANALYSIS OF THE CONTRIBUTION OF TAXATION TO REVENUE GENERATION IN NIGERIA SINCE INDEPENDENCE

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Date
1992-12
Authors
YAHAYA, SALIHU DAN-ASABE
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Abstract
Taxation is aimed at enhancing the revenue base of a nation through its contribution to the wealth of the economy. The total tax revenue for each year however differs, fluctuating from one year to another depending on how much each source adds to the total tax revenue. The contribution of each type of tax system is however dependent on many factors prominent among them are the economic situation of the time, government policies, emphasis effectiveness and reliability of the assessment cum collection system which all allows more tax revenue generation from one source than another. The financial impact of taxation to revenue has been relatively high in Nigeria - about 70% each year. It was however discovered that this contribution is not the "optimum" and that a lot is still left to be desired about this contribution. As the economy is going through the period of economic recession, the need for a proper evaluation of the contribution of this prime revenue source cannot be over-emphasised. Some measures are clearly useful for its improvement in achieving its desired goal - "optimum tax revenue". This is the/essence of analysing tax contribution to revenue generation in Nigeria.
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BEING A RESEARCH PROJECT SUBMITTED TO THE POSTGRADUATE SCHOOL, AHMADU RELLO UNIVERSITY, ZARIA IN PARTIAL FULFILLMENT OF THE REQUIREMENT FOR THE AWARD OF THE DEGREE OF MASTER OF BUSINESS ADMINISTRATION. DEPARTMENT OF BUSINESS ADMINISTRATION, AHMADU BELLO UNIVERSITY, ZARIA DECEMBER, 1992
Keywords
ANALYSIS,, CONTRIBUTION,, TAXATION,, REVENUE, GENERATION,, NIGERIA, SINCE,, INDEPENDENCE
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