Assessment of the Impact of Tax Revenue on Economic Development in Federal Capital Territory, Abuja, Nigeria

dc.contributor.authorAllahnana, Kwanza Maikudi
dc.contributor.authorOyadoye, Yetunde
dc.contributor.authorMusa, Bulus
dc.date.accessioned2023-12-13T07:45:52Z
dc.date.available2023-12-13T07:45:52Z
dc.date.issued2022-07-21
dc.description.abstractThe study examined the impact of Tax Revenue on Economic development in the federal Capital Territory, Abuja, Nigeria. Crossectional survey research design was utilised. The variable in the model include company income tax (CIT)personal income tax (PIT) and value added tax (VAT). These were captured in the model as the explanatory variable as obtained from the federal Inland Revenue Service (FIRS) publication. The target population of the study covered 5 Agencies ((Custom, Federal Inland Revenue, Zenith Carriage, Brother Nigeria Limited Education) within FCT, Abuja with a population 656 respondents in order to know the impact of tax revenue on economic growth in FCT, Abuja. The sample size is a smaller set the larger population. The total number of respondents were sampled using multiage-simple random sampling technique to sample 250 respondents with 4 agencies. Qustionnaire was used as an instrument for data collection. The model adopted for the study was Autoregressive distributed lag model in relation with Chi-square for the analysis. Findings from this study show that company income tax (CIT), personal income tax (PIT) and Value added tax (VAT) were statistically insignificant on internallly generated revenue (IGR) (proxy for economic development) in federal Capital Territory.en_US
dc.identifier.citationAllahnana, K.M et. al (2022) Assessment of the Impact of Tax Revenue on Economic Development in Federal Capital Territory, Abuja, Nigeriaen_US
dc.identifier.urihttps://keffi.nsuk.edu.ng/handle/20.500.14448/4139
dc.language.isoenen_US
dc.publisherDepartment of Educational Foundation, Nasarawa State University Keffi.en_US
dc.titleAssessment of the Impact of Tax Revenue on Economic Development in Federal Capital Territory, Abuja, Nigeriaen_US
dc.typeArticleen_US

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