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Scholars Journal of Economics, Business and Management | Volume-5 | Issue-07
Non–Tax Revenue and Economic Growth in Nigeria
Kypus Munasuonyo Ikaye, Leyira Christian, Micah
Published: July 30, 2018 | 167 315
DOI: 10.36347/sjebm.2018.v05i07.011
Pages: 645-657
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Abstract
This study seeks to Investigate Non tax Revenue and Economic Growth in Nigeria. In this research, secondary data were obtained from Central Bank of Nigeria bulletin of 2016 and Nigeria stock exchange annual report for a period of 10 years from 2006-2016. Non tax Revenue variables are Fees, Fines & penalty and grant. Hypotheses were tested using regression analysis with e-view to determine whether our hypotheses should be accepted or not. Our findings show that nontax revenue does have significant effect on the economic growth of Nigeria. Based on the findings, it is recommended that clear that deliberate action has to be taken to improve non-revenue collection and mechanism for effective utilization of government resources.