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Full-Text Articles in Social and Behavioral Sciences

Financing Public Deficits In Nigeria: Groping In The Dark For Taxation, Umar Elems Mahmud Ph.D Jun 2021

Financing Public Deficits In Nigeria: Groping In The Dark For Taxation, Umar Elems Mahmud Ph.D

Bullion

The objective of this study is to conduct an expository examination of the inhibitions of voluntary tax compliance and to explore prospects of leapfrogging tax contribution from its posterior position, given the lacunae in precious studies. In the descriptive research design, underpinned by the range of structural-functionalist and expectancy theories, salient among the findings of the study is the diminished contribution of taxation to Nigeria's GDP and total revenue due to weak institutional framework and “faded” enthusiasm of taxpayers. In the circumstance of the situation, and until drastic reforms are successfully executed, Nigeria may be groping in the dark, in …


Determining The Optimal Public Debt Threshold For Nigeria, Babatunde S. Omotosho, Sani Bawa, Sani I. Doguwa Dec 2016

Determining The Optimal Public Debt Threshold For Nigeria, Babatunde S. Omotosho, Sani Bawa, Sani I. Doguwa

CBN Journal of Applied Statistics (JAS)

This paper investigates the existence of threshold effects in the relationship between public debt and economic growth in Nigeria using quarterly data. Generally, we found empirical support for an inverted U-shape relationship between public debt types and economic growth. For total public debt as percentage of GDP, model results identified a threshold level of 73.70 per cent, while the estimated inflexion points for external and domestic debts were 49.4 and 30.9 per cent, respectively. The implication of this finding is that debt accumulation in excess of the estimated threshold levels could hurt economic growth. A retrospective examination of the country’s …


Fiscal Policy And Private Investment In Selected West African Countries, Joseph A. Omojolaibi, Tochi-Nze P. Okenesi, Ekundayo P. Mesagan Jun 2016

Fiscal Policy And Private Investment In Selected West African Countries, Joseph A. Omojolaibi, Tochi-Nze P. Okenesi, Ekundayo P. Mesagan

CBN Journal of Applied Statistics (JAS)

This study sets out to examine the nexus between fiscal policy and private investment in five selected West African countries using annual data from 1993 to 2014. Employing Fixed Effect Model for Panel data ordinary least square approach, the results showed the existence of a significant crowding in effect of government capital expenditure and tax revenue while non-tax revenue showed a crowding out effect. Recurrent expenditure and external debt also showed crowding out effects but these were insignificant. The accelerator effect of output growth was also found to be insignificant across the countries over the time period. The study called …


An Empirical Analysis Of The Macroeconomic Impact Of Public Debt In Nigeria, Sunday N. Essien, Ngozi T. I. Agboegbulem, Michael K. Mba, Ogochukwu G. Onumonu Jun 2016

An Empirical Analysis Of The Macroeconomic Impact Of Public Debt In Nigeria, Sunday N. Essien, Ngozi T. I. Agboegbulem, Michael K. Mba, Ogochukwu G. Onumonu

CBN Journal of Applied Statistics (JAS)

This paper examines the impact of public sector borrowings on prices, interest rates, and output in Nigeria. It utilized a Vector Autoregressive framework, the Granger causality test, impulse response, and variance decomposition of the various innovations to study the impact. It found that shock to external debt stock increases prime lending rate, but with a lag. However, the level of external and domestic debt over the period of this study had no significant impact on the general price level and output.


Statistics (December 1990), Central Bank Of Nigeria Cbn Dec 1990

Statistics (December 1990), Central Bank Of Nigeria Cbn

Economic and Financial Review

This is a statistical representation of economic activities in Nigeria in December 1990


Statistics (June 1989), Central Bank Of Nigeria Cbn Jun 1989

Statistics (June 1989), Central Bank Of Nigeria Cbn

Economic and Financial Review

This a statistical representation of the economic activities in Nigeria in June 1989


Statistics, December 1987, Central Bank Of Nigeria Cbn Dec 1987

Statistics, December 1987, Central Bank Of Nigeria Cbn

Economic and Financial Review

This is a statistical representation of the economic activities in Nigeria in December, 1987


Statistics (June 1987), Central Bank Of Nigeria Cbn Jun 1987

Statistics (June 1987), Central Bank Of Nigeria Cbn

Economic and Financial Review

This is a statistical representation of economic activities in Nigeria in June 1987


Statistics (March 1987), Central Bank Of Nigeria Cbn Mar 1987

Statistics (March 1987), Central Bank Of Nigeria Cbn

Economic and Financial Review

This is a statistical representation of economic activities in Nigeria in March, 1987


Statistical Section (June 1986), Central Bank Of Nigeria Cbn Jun 1986

Statistical Section (June 1986), Central Bank Of Nigeria Cbn

Economic and Financial Review

This is a statistical representation of economic activities in Nigeria in June 1986


Statistical Section (December 1984), Central Bank Of Nigeria Cbn Dec 1984

Statistical Section (December 1984), Central Bank Of Nigeria Cbn

Economic and Financial Review

This is a statistical representation of economic activities in Nigeria during the fourth quarter of 1984


Statistical Section (December 1983), Central Bank Of Nigeria Cbn Dec 1983

Statistical Section (December 1983), Central Bank Of Nigeria Cbn

Economic and Financial Review

This is a statistical representation of economic activities in Nigeria in 1983


Statistical Section (March 1983), Central Bank Of Nigeria Cbn Mar 1983

Statistical Section (March 1983), Central Bank Of Nigeria Cbn

Economic and Financial Review

This is a statistical representation of economic activities in Nigeria during the first quarter of 1983


Statistical Section (June 1982), Central Bank Of Nigeria Cbn Jun 1982

Statistical Section (June 1982), Central Bank Of Nigeria Cbn

Economic and Financial Review

This is a statistical representation of the economic activities in Nigeria in June 1982


Statistical Section (June 1980), Central Bank Of Nigeria Cbn Jun 1980

Statistical Section (June 1980), Central Bank Of Nigeria Cbn

Economic and Financial Review

This is a statistical representation of the economic activities in Nigeria in June 1980


Statistical Section (June 1978), Central Bank Of Nigeria Cbn Jun 1978

Statistical Section (June 1978), Central Bank Of Nigeria Cbn

Economic and Financial Review

This is the statistical representation of the economic activities in Nigeria in June 1978


Statistical Section (June 1976), Central Bank Of Nigeria Cbn Jun 1976

Statistical Section (June 1976), Central Bank Of Nigeria Cbn

Economic and Financial Review

This is a statistical representation of economic activities in Nigeria in June 1976