Empirical Assessment of Factors Capable of Boosting Internally Generated Revenue Collections in Edo State
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Date
2018
Journal Title
Journal ISSN
Volume Title
Publisher
SEAHI PUBLICATIONS
Abstract
This study empirically examined factors boosting internally generated revenue collection in Edo state.
The population of the study was heterogeneous consisting of all local Government councils and staff.
Six (6) Local Government councils were chosen from Edo South Senatorial district, (2) Local
Government Councils were chosen from Edo North Senatorial district and (2) local government
councils were also chosen from Edo Central Senatorial districts while a total number of (200)
respondents were selected using the simple random sampling method. The statistical tool employed to
analyze the data and test the research hypotheses is ordinary least square estimation method. The
result showed that establishment of grass roots revenue collection centre though significant, however
reduced the internal generated revenue of Edo State. Basically the methods of collecting internally
generated revenue examined are considered efficient enough to produce significant results for the
governments of Edo state. Based on the empirical findings of this study, it is therefore recommended
that the government should radically eliminate the use of touts in collecting IGR in Edo. This study
contributed to knowledge because it the first to empirically examined efficient methods government
can use to collect IGR with a view to boosting revenue base in Edo state.
Description
Keywords
Internally generated revenue, Revenue base, grass root revenue collection center, tax marshal
Citation
Igbinigie, O., Ogbeide, S. O., & Omoregie, L. C. (2018). Empirical Assessment of Factors Capable of Boosting Internally Generated Revenue Collections in Edo State. International Journal of Business & Law Research, 6(1), 85-99. ISSN: 2360-8986. Retrieved from http://www.seahipaj.org