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This research aims to analyze how different types of tax revenue affect economic growth in Nigeria over a significant period.

March 3, 2026Open Access

Impact of Tax Revenue Effort on Economic Growth in Nigeria: A Sectoral Analysis

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Examines tax revenue's effect on economic growth in Nigeria, highlighting the need for institutional reform.

This research aims to analyze how different types of tax revenue affect economic growth in Nigeria over a significant period.
Analyzed data from 1989 to 2023 using panel regression techniques.
Disaggregated tax revenue into petroleum profit tax, company income tax, and value-added tax.
Used pooled ordinary least squares, fixed-effects, random-effects, and system generalized method of moments to control for endogeneity.
Incorporated demographic, macroeconomic, institutional, global, and infrastructural control variables.
Non-oil tax effort has a significant positive effect on GDP growth (β = 0.489, p < 0.01).
Composite tax revenue effort also positively impacts GDP growth (β = 0.358, p < 0.01).
Petroleum profit tax effort is statistically insignificant, aligning with resource curse theories.
Rule of law, infrastructure quality, and trade openness are key factors influencing growth.

Prof Onipe Adabenege Yahaya (2026) studied this question.

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