Taxation as an alternative to dwindling oil revenue in Nigeria - case of Kogi state board of internal revenue services, Lokoja, Kogi state Department:Accountancy By: AdeleyeJoshua Project ID: 9355 Rating: (5.0) votes: 1 Price:₦4000 Get the Complete MaterialAbstractThis study examines taxation as an alternative to dwindling oil revenue in Nigeria, using Kogi State Board of Internal Revenue Services as the study area. The objectives of the study are to examine whether taxation can enhance revenue generation in Nigeria, whether taxation can serve as an alternative to dwindling oil revenue in Nigeria, and the significant relationship between taxation and revenue generation in Nigeria. A descriptive survey research design was adopted in the study and the methods of data collection were primary and secondary methods of data collection. The primary data were collected using a questionnaire. From the population of 150, a sample size of 109 was chosen using the Taro Yamane formula. Frequency counts, percentages and chi-square were used to test the hypotheses. The findings revealed that taxation can help the government raise income for the provision of social amenities for the people. Taxation is an instrument for income and wealth distribution in Nigeria; taxation can serve as an alternative to dwindling oil revenue in Nigeria by diversifying the government’s revenue sources, reducing reliance on oil. It was also concluded that Effective tax revenue can lead to improved productivity and human capital development, ultimately contributing to economic growth. Tax revenue plays a central role in government budgeting, and it enhances GDP and promotes state development. ...Preview Download Preview +Other Accountancy project topics and materials you might be interested in»The Impact of Accounting Ratio in Decision Making ( A Case Study of Nigeria Breweries Plc Enugu) »The impact of budget and budgetary control in tertiary institutions ( A Case study of imo state university )»Internal control as a tool for improving profitability»The role of financial institutions in the development of Nigeria economy»Impact of computerization of accounting system of commercial banks ( A case study of union bank plc )»The Impact of product development on banks performance ( A Case study of first bank plc )»Effects of standard costing on the profitability of manufacturing companies (a case study of nigerian breweries plc, Ama, Udi local government of Enugu state) »The role of accounting system in measuring organizational performance of transport company ( A Case study of ABC Transport )»Role of good accounting system in the management of private enterprise in Nigeria ( A Case Study of Nwaogo pam paper mills limited )»The impact of development finance institutions (DFIS) in economic development of Nigeria»Auditing in Nigeria companies, problems and prospects»Effect of misrepresentation of information in a financial statement»Effective internal control as an aid to management efficiency ( Case Study of Nigeria Bottling Company Owerri )»The effects of computerized accounting system on the performance of banking industry in Nigeria»An appraisal of fraud prevention measures in Nigerian banking sector ( Case study of access bank plc owerri )