ANALYSIS OF TAX REFORMS AND ECONOMIC DEVELOPMENT IN NIGERIA

ENYINNAYA, AUSTIN CHIKAIMA (2026) ANALYSIS OF TAX REFORMS AND ECONOMIC DEVELOPMENT IN NIGERIA. Other thesis, Godfrey Okoye University, Enugu.

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Abstract

This study critically explores the law-institutional link between current tax reforms and economic development in Nigeria, considering the Nigeria Tax Act (NTA) 2025 and Nigeria Tax Administration Act (NTAA) 2025. Applying the doctrinal research approach, the study analyzes various legal documents and literature regarding statutes, court rulings, and constitutional provisions, assessing the effects of such legal instruments on revenue generation, private sector investment, and socio-economic equality. The findings have shown that, despite the significant success of the latest structural and legislative changes, including zero percent individual tax threshold for low-income earners, integration of digital assets into the tax regime, and cutting down of corporate tax rates, their actual effectiveness for development purposes is heavily limited. Such limitation is caused by the continuous discrepancy between "the law on the book" and "the law in action," resulting from an unaccounted informal sector, structural limitations of the system of constitutional federalism in Nigeria, and administrative duality at the sub-national level. The conclusion drawn is that modernization through legislation and technology cannot ensure sustainable economic development without solving the problems of tax conflicts across jurisdictions and the reconstitution of the fiscal bargain between the citizen and the government. The recommendations therefore include a formal constitutional amendment specifying consumption tax jurisdictions, empowering the Joint Revenue Board to make penal deductions from the revenue collections of the non-complying revenue agencies of the sub-national governments, and judicial enforcement of fiscal reciprocity.

Item Type: Thesis (Other)
Subjects: K Law > K Law (General)
Divisions: Faculty of Law, Arts and Social Sciences > School of Law
Depositing User: COMFORT AJALA
Date Deposited: 24 Jul 2026 12:47
Last Modified: 24 Jul 2026 12:47
URI: http://eprints.gouni.edu.ng/id/eprint/5966

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