JULIUS JOSEPH AKINLOLU
IMPACT OF INTERNALLY GENERATED REVENUE OF STATES ON NIGERIA ECONOMIC GROWTH - Mr. Samson Oladipo - Ibafo Accounting and Finance 2021 - xi,; 63p.
In a nut shell, this research work is carried out to examine the impact of internally generated revenue of states on Nigeria economic growth. It was found that the result expose a negative and statistically significant at 5% confidence level among the total variable in the model. The study concludes that effort should be made toward improvement on internally generated revenue in states in Nigeria so as to help all State Government to enhance efficiency and build better infrastructure (transportation, road and communication) for more business to make every effort.
The study investigated the impact of internally generated revenue (IGR) on economic growth of states in Nigeria. The inability of States and Local governments in Nigeria to generate enough revenue to cope with their expenditure responsibilities has been a serious challenge. The improper use of IGR and corruption have remained a setback to economic development in Nigeria, hence the clamour from the citizens. This study made use of ex-post facto research design to specifically examine the impact of states with highest IGR (HtIGR), States with higher IGR (HrIGR), states with lower IGR (LoIGR) and states with least/lowest IGR (LeIGR) on the Real Gross Domestic Product (RGDP i.e. proxy for economic growth) of the country. The time series data employed covered a period from 2011 to 2020 and were gathered from National bureau of statistics Bulletin. The statistical tool used for the data analysis was the multi-regression and test of hypotheses. The findings of the study revealed that HtIGR, HrIGR have robust and significant positive impact (p-value = 0.000 < 0.05) on RGDP. There was an existence of high correlation between the dependent and independent variables. The study concluded that the positive impact of IGR is not out of place but the physical evidence is apparently lacking and therefore government policies that could eradicate sharp practices in the government system are required. The study also recommends that government official with corruption history should not be allowed to continue to handle responsibilities rather; people with outstanding integrity should be given opportunity to occupy government positions that are sensitive and could help achieve economic development objectives
Accounting
IMPACT OF INTERNALLY GENERATED REVENUE OF STATES ON NIGERIA ECONOMIC GROWTH - Mr. Samson Oladipo - Ibafo Accounting and Finance 2021 - xi,; 63p.
In a nut shell, this research work is carried out to examine the impact of internally generated revenue of states on Nigeria economic growth. It was found that the result expose a negative and statistically significant at 5% confidence level among the total variable in the model. The study concludes that effort should be made toward improvement on internally generated revenue in states in Nigeria so as to help all State Government to enhance efficiency and build better infrastructure (transportation, road and communication) for more business to make every effort.
The study investigated the impact of internally generated revenue (IGR) on economic growth of states in Nigeria. The inability of States and Local governments in Nigeria to generate enough revenue to cope with their expenditure responsibilities has been a serious challenge. The improper use of IGR and corruption have remained a setback to economic development in Nigeria, hence the clamour from the citizens. This study made use of ex-post facto research design to specifically examine the impact of states with highest IGR (HtIGR), States with higher IGR (HrIGR), states with lower IGR (LoIGR) and states with least/lowest IGR (LeIGR) on the Real Gross Domestic Product (RGDP i.e. proxy for economic growth) of the country. The time series data employed covered a period from 2011 to 2020 and were gathered from National bureau of statistics Bulletin. The statistical tool used for the data analysis was the multi-regression and test of hypotheses. The findings of the study revealed that HtIGR, HrIGR have robust and significant positive impact (p-value = 0.000 < 0.05) on RGDP. There was an existence of high correlation between the dependent and independent variables. The study concluded that the positive impact of IGR is not out of place but the physical evidence is apparently lacking and therefore government policies that could eradicate sharp practices in the government system are required. The study also recommends that government official with corruption history should not be allowed to continue to handle responsibilities rather; people with outstanding integrity should be given opportunity to occupy government positions that are sensitive and could help achieve economic development objectives
Accounting