The Effect Of Non-Oil Revenue On Economic Growth In Nigeria

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Observational analysis reveals non-oil revenue's mixed impact on GDP in Nigeria, highlighting the significance of tax policies.

Non-oil revenue has varying effects on GDP, with short-run negative impacts from value added tax.
Value added tax significantly affects GDP in the short run, while company income tax shows long-run significance.
Analysis utilized multiple methods including regression and ARDL modeling over data from 1994 to 2023.
Implications suggest the need for improving revenue collection effectiveness for sustainable economic growth.

Duru et al. (2025) studied this question.

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