Oil revenue and economic growth in nigeria pdf
THE IMPACT OF OIL REVENUE ON THE ECONOMIC GROWTH properly investigate the relationship between oil revenue and Nigeria economic growth. This study aims at achieving the following objectives: 1. Examine the long-run relationship between oil revenue and economic growth in Nigeria; and 2. Determine the extent which oil revenue impacted on the economic growth in Nigeria. ABSTRACT: This study was designed to investigate the tax revenue and Nigerian economic growth for period of three decade, using time series data from 1986 to 2015. The objective of this study was to examine the significant difference between the effects of oil and non oil tax revenue on economic growth in Nigeria. 8 Nigeria: Looking beyond Oil GDP has slowed, driven by lower oil sector growth and a weaker non-oil sector Nigeria’s economy grew by 2.7%y/y in 2015, which represents the slowest growth in the past five years, much lower than the 5-year real GDP average of 4.8%y/y. Real growth decelerated sharply to 2.1%y/y in Q4’15,
The broad objective of this paper is to examine the contributions of oil and gas sector to economic growth. The paper gave a composition of the Nigeria oil and gas sector.
The broad objective of this paper is to examine the contributions of oil and gas sector to economic growth. The paper gave a composition of the Nigeria oil and gas sector. THE IMPACT OF OIL REVENUE ON THE ECONOMIC GROWTH properly investigate the relationship between oil revenue and Nigeria economic growth. This study aims at achieving the following objectives: 1. Examine the long-run relationship between oil revenue and economic growth in Nigeria; and 2. Determine the extent which oil revenue impacted on the economic growth in Nigeria. ABSTRACT: This study was designed to investigate the tax revenue and Nigerian economic growth for period of three decade, using time series data from 1986 to 2015. The objective of this study was to examine the significant difference between the effects of oil and non oil tax revenue on economic growth in Nigeria.
Impact of High Oil Prices on African Economies balance of payments positions and possibly leading to lower economic growth than in the absence of the oil shock. 4.1.1 Literature Review A large number of studies have investigated the macro-economic impact of oil price shocks, focusing in particu-lar on the response of economic growth and consumer
14 Feb 2012 revenues and economic development for the Libyan economy. revises the historically fundamental role of oil revenues in the economic development of the case of Nigeria (for example Carneiro, 2007; Hausmann The bursting of crude oil prices in the international market since mid-2014 has resulted in dwindling oil revenue, which has led to economic recession in Nigeria . 21 Nov 2019 To get back to strong growth, more investment is needed and it is unclear where that will come from. A surge in oil revenue-driven investment is Tax revenue and economic growth in nigeria pdf thereby encouraging corporateTax revenue Tax revenue from non-oil is anticipated to increase from NGN1.
This empirical study examined oil revenue and economic growth in Nigeria between 1981 to 2014. Secondary data on gross domestic product (GDP), used as a proxy for economic growth; oil revenue (OREV), and government expenditure (GEXP) which represented the explanatory variables were sourced mainly from CBN publications.
The broad objective of this paper is to examine the contributions of oil and gas sector to economic growth. The paper gave a composition of the Nigeria oil and gas sector. THE IMPACT OF OIL REVENUE ON THE ECONOMIC GROWTH properly investigate the relationship between oil revenue and Nigeria economic growth. This study aims at achieving the following objectives: 1. Examine the long-run relationship between oil revenue and economic growth in Nigeria; and 2. Determine the extent which oil revenue impacted on the economic growth in Nigeria. ABSTRACT: This study was designed to investigate the tax revenue and Nigerian economic growth for period of three decade, using time series data from 1986 to 2015. The objective of this study was to examine the significant difference between the effects of oil and non oil tax revenue on economic growth in Nigeria. 8 Nigeria: Looking beyond Oil GDP has slowed, driven by lower oil sector growth and a weaker non-oil sector Nigeria’s economy grew by 2.7%y/y in 2015, which represents the slowest growth in the past five years, much lower than the 5-year real GDP average of 4.8%y/y. Real growth decelerated sharply to 2.1%y/y in Q4’15, Impact of Non-Oil Tax Revenue on Economic Growth: The Nigerian Perspective . Akwe James Ayuba . Securities and Exchange Commission, Nigeria . Abstract . This study a nalyses the impact of Non -oil Tax Revenue on Economic Growth from 1993 to 2012 in Nigeria . To Objective: This study examined the relationship between oil price and economic growth in Nigeria using annual time series data for the period 1974-2014 sourced from Central Bank of Nigeria (CBN) statistical bulletin, OPEC and world bank for the year 2014.Methodology: Non-probability sampling method in the form of availability sampling technique has been applied in selecting the number of years
In spite of the huge rents from oil, the economy still couples with many problems including high and the rising unemployment rate, declining manufacturing production, the high and rising level of poverty, low per capita income and poor
institutional quality in the relationship between oil revenue and economic growth in Nigeria. However, previous studies on resource curse and institutions in
properly investigate the relationship between oil revenue and Nigeria economic growth. This study aims at achieving the following objectives: 1. Examine the long-run relationship between oil revenue and economic growth in Nigeria; and 2. Determine the extent which oil revenue impacted on the economic growth in Nigeria. ABSTRACT: This study was designed to investigate the tax revenue and Nigerian economic growth for period of three decade, using time series data from 1986 to 2015. The objective of this study was to examine the significant difference between the effects of oil and non oil tax revenue on economic growth in Nigeria. 8 Nigeria: Looking beyond Oil GDP has slowed, driven by lower oil sector growth and a weaker non-oil sector Nigeria’s economy grew by 2.7%y/y in 2015, which represents the slowest growth in the past five years, much lower than the 5-year real GDP average of 4.8%y/y. Real growth decelerated sharply to 2.1%y/y in Q4’15, Impact of Non-Oil Tax Revenue on Economic Growth: The Nigerian Perspective . Akwe James Ayuba . Securities and Exchange Commission, Nigeria . Abstract . This study a nalyses the impact of Non -oil Tax Revenue on Economic Growth from 1993 to 2012 in Nigeria . To