Impact Of Company Income Tax On Manufacturing Sector Development Output In Nigeria: Opara Chrysogonus C.
ABSTRACT
This study empirically
investigated « the co o ntribution of Micro Finance Banks on Capital '? ✓
·ormation in Ni : 'ime series data from
1992 to 2018. The study utilized Muluple fs Linear Regression analysis,
Augmente hickey Fuller (ADF) Test for unit root, Johansen J Cointegration
Methods and other stability tests. The result of the cointegration test showed
the presence of cointegrating series and hence, an error correction model was
used. The results of the Error Correction Model showed that there is a long run
relationship between capital formation and micro finance banks in Nigeria such
that 62. 5% of the disequilibrium is adjusted in the long run. With the
independent variables MBIP, PDS, MFBL and the dependent variable Gross Fixed
Capital Formation (GFCF), it is revealed the there is a positive relationship
between the variables except for MBTBD which had a negative relationship with
the dependent variable. The policy implication of this is that measures that
promote continuous existence and operation of Micro finance banks in Nigeria
will lead to increased capital formation.
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OPARA, C (2026). Impact Of Company Income Tax On Manufacturing Sector Development Output In Nigeria: Opara Chrysogonus C. . Repository.mouau.edu.ng: Retrieved Jan 07, 2026, from https://repository.mouau.edu.ng/work/view/impact-of-company-income-tax-on-manufacturing-sector-development-output-in-nigeria-opara-chrysogonus-c-7-2
C., OPARA. "Impact Of Company Income Tax On Manufacturing Sector Development Output In Nigeria: Opara Chrysogonus C. " Repository.mouau.edu.ng. Repository.mouau.edu.ng, 06 Jan. 2026, https://repository.mouau.edu.ng/work/view/impact-of-company-income-tax-on-manufacturing-sector-development-output-in-nigeria-opara-chrysogonus-c-7-2. Accessed 07 Jan. 2026.
C., OPARA. "Impact Of Company Income Tax On Manufacturing Sector Development Output In Nigeria: Opara Chrysogonus C. ". Repository.mouau.edu.ng, Repository.mouau.edu.ng, 06 Jan. 2026. Web. 07 Jan. 2026. < https://repository.mouau.edu.ng/work/view/impact-of-company-income-tax-on-manufacturing-sector-development-output-in-nigeria-opara-chrysogonus-c-7-2 >.
C., OPARA. "Impact Of Company Income Tax On Manufacturing Sector Development Output In Nigeria: Opara Chrysogonus C. " Repository.mouau.edu.ng (2026). Accessed 07 Jan. 2026. https://repository.mouau.edu.ng/work/view/impact-of-company-income-tax-on-manufacturing-sector-development-output-in-nigeria-opara-chrysogonus-c-7-2