Suchergebnisse

The study comparatively analyzed the effect of direct and indirect tax on economic growth in Nigeria. The aim of the study is to compare the effect of both taxes in relation to their contribution to the growth of Nigeria's economy. The researcher employed expost facto design, the sample size was chosen through purposive sample method to be 22 years. The data used were time series collected from CBN annual report and account 2020. The statistical tool applied was ordinary least square multiple regression analysis. The findings at 0.05 level of significance, revealed that both direct and indirect taxes have positive and significant effect on gross domestic product in Nigeria. Based on the findings, it was recommended that government should sustain the tempo of the collection of both direct and indirect taxes because, they are equally important.

This study investigated the effect of non-oil revenue on economic growth in Nigeria. The aim of the study is to determine the effect of non-oil revenue on the growth of Nigerian economy. The researcher employed expost facto design, the sample size was chosen through purposive sample method to be 22 years. The data used were time series collected from CBN statistical bulletin 2020. The statistical tool applied was ordinary least square multiple regression analysis. The findings at 0.05 level of significance, revealed that company income tax has no positive and significant effect on gross domestic product in Nigeria, custom and excise duty has no positive and significant effect on economic growth in Nigeria, value added tax has a positive and significant effect on gross domestic product in Nigeria and education tax has no positive and significant effect on economic growth in Nigeria. Based on the findings, it was recommended that government intensify the collection of value added tax and also improve on the collection of company income tax, custom and exercise duty and educational tax to grow the economy.

The paper evaluated the effect of capital market on economic growth in Nigeria. Data were collected from CBN statistical bulletin for twenty two (22) years. Expost facto design was employed for the study. The data were subjected to unit root test and ordinary least square multiple regressional analysis were used for the analysis. The findings showed that market capitalization (MTC) had positive significant effect on GDP, all share index (ASI) had negative significant effect on GDP and new issue funds (NIF) had no significant effect on GDP at 5 percent level of significance during the period of the study. Johansen co-integration test was also conducted to check their long run relationship. Based on the findings, we recommend that government macroeconomic policy should incorporate means of sustaining the market capitalization, improving all share index and increase new issue securities in order to grow the economy.

The paper evaluated the relationship between informal sector and economic growth in Nigeria. Data were collected from primary sources and the method of data collection was focus group discussion (FGD). Survey design was employed for the study. The researchers adopted purposive sampling method to select 100 successful informal sector's business men from River State, south-south region of Nigeria so as to make an informed decision. The findings showed that informal sectors have contributed greatly to the growth of Nigeria's economy. Based on the findings, the researchers recommend that Nigeria's government should encourage the activities of informal businesses to stimulate economic growth in Nigeria, government should create enabling environment for informal businesses so as to stimulate economic growth etc.

This research paper reviewed the effect of microfinancing on unemployment reduction in Nigeria. Data from Central Bank of Nigeria statistical bulletin was utilized. The period covered is twenty eight (28) years. Auto-Regressive Distributed Lag (ARDL) was employed for the analysis after stationarizing the data via Augumented Dicky Fuller (ADF) unit root test. The result revealed that microfinancing had no significant effect on unemployment reduction in the shortrun but could reduce the rate of unemployment in the longrun. We therefore recommended that the government should partner with microfinance banks in Nigeria to provide adequate funds to entrepreneurs in these sectors for investment which will create jobs for the teeming unemployed labor force and ultimately reduce the rate of unemployment in Nigeria.Key words: Microfinance, Agriculture and forestry, Mining and quarrying, Unemployment rate, Manufacturing and food processing, Real estate and construction, Transport and commerce

The paper evaluated the effect of macro-economic variables on economic growth in Nigeria. Data were collected from CBN statistical bulletin and World Bank for twenty five (25) years. Expost facto design was employed for the study. The data were subjected to unit root test and the result suggested the use of autoregressive and distributed lag model for the analysis. The findings showed that inflation rate, unemployment rate, exchange rate and interest rate had no significant effect on economic growth but the combination of these variables had negative effect on economic growth at 5 percent level of significance during the period of the study. Bound test was also conducted to check the co-integration so that the error of the short run could be corrected at the long run but the result still showed no relationship. Based on the findings, we recommend that government should strive to bring these variables under control in order to grow the economy.Key Words: Economic Growth, Gross Domestic Product, Inflation Rate, Unemployment Rate, Exchange Rate, Interest Rate