Please use this identifier to cite or link to this item: http://repository.elizadeuniversity.edu.ng/jspui/handle/20.500.12398/1116
Title: Revenue beyond Oil Reliance: Can Nigeria Leverage Non-oil Tax Revenue for Inclusive and Pro-poor Growth?
Authors: Owuru, Joel E.
Olabisi, Olabode E.
Keywords: Oil Tax Revenue,
Non-Oil Tax Revenue,
Inclusive (pro-poor) growth, and
FMOLS
Issue Date: Aug-2020
Publisher: Human Resource Management Academic Research Society
Citation: Owuru, J. E., Olabisi, O. E. (2020). Revenue beyond Oil Reliance: Can Nigeria Leverage Non-oil Tax Revenue for Inclusive and Pro-poor Growth. International Journal of Academic Research in Business and Social Sciences. 10(9), 199-212.
Abstract: The main aim of this study was to empirically examine the possibility for Nigeria to leverage non-oil tax revenue for inclusive and pro-poor growth. This is done through an analysis of quarterly data on oil tax revenue and non-oil tax revenue factors spanning 2011-2016. The study adopts Fully Modified Ordinary Least Square (FMOLS) estimation strategy in order to make inferences. The results of our analysis show that non-oil tax revenue has a positive contribution to inclusive growth in Nigeria than oil revenue. Based on this empirical evidence, non-oil tax revenue has the potential of aiding sustainable inclusive growth in Nigeria; hence the economy of Nigeria should be diversified intensively to increasingly harness the potential opportunities of the real sectors where non-oil tax revenue is generated in order to attain sustainable inclusive and pro-poor growth.
Description: Staff Publication
URI: DOI:10.6007/IJARBSS/v10-i9/7722
http://repository.elizadeuniversity.edu.ng/jspui/handle/20.500.12398/1116
Appears in Collections:Research Articles



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