Impact Of Indirect Tax On Economic Development Of Nigeria (2000-2019):- Ogbuefi, Mercy I

ABSTRACT This study examined the impact of Indirect tax on economic development of Nigeria. The Study adopted ex-postfacto research design and therefore extracted data from 2000 — 2019 period ofvarious taxes. The study used multiple regression analysis to estimate the relationship of the variables. The findings from data analyzed indicates that the Value added tax has significant impact on gross domestic product growth rate in Nigeria, and that Custom and Excise duties has significant impact on gross domestic product growth rate in Nigeria Based on the findings above. I therefore recommends that the concept of taxation should be taken more serious in Nigeria now it has become obvious that crude oil alone can no longer maintain the economic well-being ofthe populace ofthis Country. Also the government on its part should account properly for the taxpayers funds by utilizing thefunds in the provision ofobvious basic amenities andpublic goods.