Modeling the relationship between Internally Generated Revenue and Statutory Allocation in Akwa Ibom State:- Bassey, Nnammonso E
ABSTRACT
This
study examined the relationships that exist between the Internally Generated Revenue
and Statutory Allocation in Akwa Ibom State. Quarterly
time series data ranging from 2000q1 to 2020q4 was
collected from the audited report of Akwa Ibom State internal generated revenue.
The ordinary least square method of regression analysis was employed to
analyze the data. The results show that internally generated revenue has a significant
and positive effect on statutory allocation in Akwa Ibom State. The result
further reveals that internally generated revenue account 21% for the total
variation in the statutory allocation. The recommendation is that state
government should strive to improve Akwa Ibom State internally generated
revenue to ensure availability of funds for infrastructural facilities, since
revenue from the federation account may not be sufficient for such purpose.
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NNAMMONSO, E (2024). Modeling the relationship between Internally Generated Revenue and Statutory Allocation in Akwa Ibom State:- Bassey, Nnammonso E. Repository.mouau.edu.ng: Retrieved Nov 21, 2024, from https://repository.mouau.edu.ng/work/view/modeling-the-relationship-between-internally-generated-revenue-and-statutory-allocation-in-akwa-ibom-state-bassey-nnammonso-e-7-2
ETIM, NNAMMONSO. "Modeling the relationship between Internally Generated Revenue and Statutory Allocation in Akwa Ibom State:- Bassey, Nnammonso E" Repository.mouau.edu.ng. Repository.mouau.edu.ng, 17 Jul. 2024, https://repository.mouau.edu.ng/work/view/modeling-the-relationship-between-internally-generated-revenue-and-statutory-allocation-in-akwa-ibom-state-bassey-nnammonso-e-7-2. Accessed 21 Nov. 2024.
ETIM, NNAMMONSO. "Modeling the relationship between Internally Generated Revenue and Statutory Allocation in Akwa Ibom State:- Bassey, Nnammonso E". Repository.mouau.edu.ng, Repository.mouau.edu.ng, 17 Jul. 2024. Web. 21 Nov. 2024. < https://repository.mouau.edu.ng/work/view/modeling-the-relationship-between-internally-generated-revenue-and-statutory-allocation-in-akwa-ibom-state-bassey-nnammonso-e-7-2 >.
ETIM, NNAMMONSO. "Modeling the relationship between Internally Generated Revenue and Statutory Allocation in Akwa Ibom State:- Bassey, Nnammonso E" Repository.mouau.edu.ng (2024). Accessed 21 Nov. 2024. https://repository.mouau.edu.ng/work/view/modeling-the-relationship-between-internally-generated-revenue-and-statutory-allocation-in-akwa-ibom-state-bassey-nnammonso-e-7-2