Mountain Top University Library

The study examined the effect of tax efficiency on revenue generation in the Nigerian
economy. Secondary data gotten from the quarterly economic report of the Central
Bank of Nigeria was explored in gathering data while simple regression analysis was
employed for data analysis to test the hypotheses. Furthermore, correlation analysis
was applied in the assessment of the relationship between the non-oil tax revenue
sources and federally collected revenue. Descriptive statistics was also adopted.
Findings of this study therefore provide perception into the effect of tax revenue and
federal government tax generation on government revenue. It further provided
perception as to the extent to which each of the independent variables affects the
dependent variable through the graphical corroboration and also provides an
affirmation of the extent to which the variations in the dependent variable are caused
by the independent variables covered in the models as depicted by the R2
and adjusted R2 . The study concludes that the value added tax, company income tax and custom
and excise duties has no significant relationship with the federally collected revenue.