The Impact of Taxes Revenue on Economic Growth in Nigeria

This study examined the impact of tax revenue on economic growth in Nigeria. Specifically, the study assessed the impact of stamp duty on economic growth in Nigeria, determined the impact of capital gains tax on economic growth in Nigeria and evaluated the impact of education tax on economic growth in Nigeria. The study adopts expo-facto research design. Ex post facto is considered appropriate for the study because the study aimed at obtaining important information on the status of specific phenomenon after some naturally occurring treatment without any manipulation of the situation. This study used secondary source of data and it was be gathered from Central Bank of Nigeria Statistical Bulletin (CBN, 2019) and Federal Internal Revenue Services. The data comprises annual time series spanning from 2010 through 2019. The research employs only quantitative method of data analysis. Unit root, ARDL to test for the hypotheses .The tested hypotheses revealed revealed that STD,CGT and EDT has a positive but insignificant long run effect on economic growth of Nigeria for the period covered to the tune of .168510, 0.14777 and 0.119550 (p=0.8715, 0.9476,0.9222>0.05). It was recommended that Ekiti State government should review the taxation system in Nigeria to ensure transparency in the operations of tax authorities.