EFFECT OF INTERNALLY GENERATED REVENUE ON REVENUE GROWTH OF LAGOS STATE. (Record no. 6216)

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Author KING VICTORIA IMOH
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Title EFFECT OF INTERNALLY GENERATED REVENUE ON REVENUE GROWTH OF LAGOS STATE.
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Supervisor Dr. Onichabor
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Place of publication Ibafo
Department (College) THE DEPARTMENT OF ACCOUNTING AND FINANCE
Date of publication 2020
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Pagination xi,;39p.
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Summary, etc ABSTRACT <br/>This research was carried out in order to examine the effects of internally generated revenue on <br/>revenue growth of Lagos state. Revenue generation is very necessary in the economy for the <br/>economy to grow. Revenue has so many definitions based on different business. The growth of <br/>the revenue sector depends on the internally generated revenue. The research work used the benefit <br/>theory which say that the principle of benefits claims that people should be asked to pay taxes in <br/>proportion to the benefits they earn from the government's service. Also we used endogenous <br/>growth theory and public expenditure theory. <br/>Secondary data was used and was sources from the National Bureau of Statistics, Lagos state data <br/>budget book, and other related research works. This study used an ex-post factor research design <br/>to gather data for the period of 2004-2018. Linear regression analysis was used to test the three <br/>research hypothesis. The probability level was set up at 5% significance. The study population <br/>consist of the whole state of Lagos. Internally generated revenue does not have a significant <br/>relationship with revenue growth in Lagos state with a significance level of 0.379 (p<0.05). Human <br/>development index does not have a significant relationship with revenue growth in Lagos state <br/>with a significance level of 0.269 (p<0.05).Consumer price index does not have a significant <br/>relationship with revenue growth in Lagos state with a significance level of 0.367 (p<0.05). In <br/>conclusion the study concludes that there is no significant relationship between internally <br/>generated revenue and revenue growth in Lagos state. This study recommends the further research <br/>is recommended on investigation of the application of IGR on government expenditure in <br/>comparison with the IGR inflows in all the states and local governments in Nigeria. <br/>KEY WORDS: Human development index, Consumer price index, Revenue growth
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Main Subject Social Science
Subdivision (1st) Finance
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Item type Students Thesis

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