<abstract xmlns="http://www.w3.org/1999/xhtml">

<p>The tax autonomy of Nigeria’s three tiers of government is examined in this study to estimate the value of revenue fiscal decentralization in increasing citizens’ social welfare. Nigeria is a developing country that follows fiscal federalism by allocating resources to the three tiers of government and equally allowing them specific amounts of tax revenue collection based on the requirements of the Federal Republic of Nigeria’s 1999 constitution’s second schedule part II. The main goal is to affect social development in all parts of the country. Thus, this study uses secondary data from 2007 to 2020 and analyzes it using a multiple regression approach to determine the influence of each tier of government’s tax autonomy on residents’ social welfare. According to the findings of this research, the federal government’s fiscal autonomy empowers social development more than the other two levels of government (state and local governments). The policy conclusion is that the tax autonomy of the three tiers of government may need to be reassessed in order to offer additional taxing powers to lower-level governments for better economic growth prospects. As a result, the research advises revamping the country’s overall fiscal system in order to promote social growth across states, local governments, and the whole nation.</p>
</abstract>

The tax autonomy of Nigeria’s three tiers of government is examined in this study to estimate the value of revenue fiscal decentralization in increasing citizens’ social welfare. Nigeria is a developing country that follows fiscal federalism by allocating resources to the three tiers of government and equally allowing them specific amounts of tax revenue collection based on the requirements of the Federal Republic of Nigeria’s 1999 constitution’s second schedule part II. The main goal is to affect social development in all parts of the country. Thus, this study uses secondary data from 2007 to 2020 and analyzes it using a multiple regression approach to determine the influence of each tier of government’s tax autonomy on residents’ social welfare. According to the findings of this research, the federal government’s fiscal autonomy empowers social development more than the other two levels of government (state and local governments). The policy conclusion is that the tax autonomy of the three tiers of government may need to be reassessed in order to offer additional taxing powers to lower-level governments for better economic growth prospects. As a result, the research advises revamping the country’s overall fiscal system in order to promote social growth across states, local governments, and the whole nation.

Fiscal Federalism, Tax Independence and Social Enhancement

onyinyechi.omodero@covenantuniversity.edu.ng

Department of Accounting, College of Management and Social Sciences

Studia Universitatis „Vasile Goldis” Arad – Economics Series

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

{"article-title":"Fiscal Federalism, Tax Independence and Social Enhancement"}

The tax autonomy of Nigeria’s three tiers of government is examined in this study to estimate the value of revenue fiscal decentralization in increasing...

Fiscal Federalism, Tax Independence and Social Enhancement

Publicado en línea: 08 oct 2022

Páginas: 1 - 15

Recibido: 01 nov 2021

Aceptado: 01 ene 2022

DOI: https://doi.org/10.2478/sues-2022-0016

Palabras clave
Fiscal decentralization, tax autonomy, social welfare, government structure, revenue

© 2022 Cordelia Onyinyechi Omodero, published by Sciendo

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

Fiscal Federalism, Tax Independence and Social Enhancement

Publicado en línea: 08 oct 2022

Páginas: 1 - 15

Recibido: 01 nov 2021

Aceptado: 01 ene 2022

DOI: https://doi.org/10.2478/sues-2022-0016

Palabras claveFiscal decentralization, tax autonomy, social welfare, government structure, revenue

© 2022 Cordelia Onyinyechi Omodero, published by Sciendo

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

Palabras clave
Fiscal decentralization, tax autonomy, social welfare, government structure, revenue