<abstract xmlns="http://www.w3.org/1999/xhtml"><p>The aim of the study is to examine the relationship between government revenues and the economic growth of Nigeria. The study employs exploratory and ex-post facto research designs while using secondary form of data spanning from 1981 to 2018 collected from the Federal Inland Revenue Services (FIRS), National Bureau of Statistics and CBN statistical bulletin. The relationship is tested by using Ordinary Least Squares (OLS) regression technique. The result reveals that federally received revenue and Value Added Tax (VAT) have a moderate positive relationship with the economic growth. The study provides evidence that there is a need for the government to formulate relevant revenue policies that will boost government income in order to have more favourable implication on the economy.</p></abstract>

The aim of the study is to examine the relationship between government revenues and the economic growth of Nigeria. The study employs exploratory and ex-post facto research designs while using secondary form of data spanning from 1981 to 2018 collected from the Federal Inland Revenue Services (FIRS), National Bureau of Statistics and CBN statistical bulletin. The relationship is tested by using Ordinary Least Squares (OLS) regression technique. The result reveals that federally received revenue and Value Added Tax (VAT) have a moderate positive relationship with the economic growth. The study provides evidence that there is a need for the government to formulate relevant revenue policies that will boost government income in order to have more favourable implication on the economy.

The Nexus Between Government Revenue and Economic Growth in Nigeria

Economics and Business

This work is licensed under the Creative Commons Attribution 4.0 International License.

{"article-title":"The Nexus Between Government Revenue and Economic Growth in Nigeria"}

The aim of the study is to examine the relationship between government revenues and the economic growth of Nigeria. The study employs exploratory and ex-post...

The Nexus Between Government Revenue and Economic Growth in Nigeria

Published Online: Apr 03, 2020

Page range: 35 - 45

DOI: https://doi.org/10.2478/eb-2020-0003

Keywords
Change in Gross Domestic Product (GDP), Economic Growth, Government Revenue, VAT

© 2020 Fineboy Ikechi Joseph et al., published by Sciendo

This work is licensed under the Creative Commons Attribution 4.0 International License.

The Nexus Between Government Revenue and Economic Growth in Nigeria

Published Online: Apr 03, 2020

Page range: 35 - 45

DOI: https://doi.org/10.2478/eb-2020-0003

KeywordsChange in Gross Domestic Product (GDP), Economic Growth, Government Revenue, VAT

© 2020 Fineboy Ikechi Joseph et al., published by Sciendo

This work is licensed under the Creative Commons Attribution 4.0 International License.

Keywords
Change in Gross Domestic Product (GDP), Economic Growth, Government Revenue, VAT