The Impact of Taxation on Economic and Infrastructural Development in Nigeria

Abstract

From the perspective of Nigerian Government, tax is a major source of earning revenue. It plays significant role behind the development of Nigerian economy. The primary objective of this study is to check how taxation affecting the Nigerian economic and infrastructural development. From 2000 to 2017, data has been collected and used for the analysis purpose. Expo facto research design has been adopted here. There variables i.e. petroleum profit tax, company income tax, and value added tax have been highlighted here. Reference has been drawn from Federal Inland Revenue Service, Central Bank of Nigerian and World Fact books. Finding showed that these three variables are showing positive and significant relationship. This study also suggested some of the recommendation for the future.