scholarly journals Revenue Mobilization and Investment on Basic Amenities of Local Governments in Nigeria

2019 ◽  
pp. 45-59
Keyword(s):  
Local Government ◽  
State Government ◽  
Local Governments ◽  
Value Added ◽  
Secondary Data ◽  
Least Square ◽  
Value Added Tax ◽  
Independent Variables ◽  
Dynamic Relationship ◽  
Integration Test

This paper examined the effects of revenue mobilization and investment on basic amenities of local government in Nigeria. Secondary data were collected from the Central Bank of Nigeria Annual Statistical Bulletin from 1993- 2017. Investment in basic amenities was proxy by monetary value of basic amenities while revenue mobilization was proxy by federal government allocation, state government allocation, value added tax, internally generated revenue and grants to local governments in Nigeria. Ordinary Least Square (OLS), Augmented Dickey Fuller Test, Johansen Co-integration test, normalized co-integrating equations, parsimonious vector error correction model and pair-wise causality tests were used to conduct the investigations and analysis. The empirical findings based on the models found that value added tax, internally generated revenue and grant have negative and significant effect on investment on basic amenities while federal allocation and state allocation have positive effect on the value of basic amenities. The unit root result (ADF) showed that the variables were stationary at the first difference of Order 1 (1). The co-integration tests revealed a long run dynamic relationship between the dependent and independent variables in the models. The parsimonious model summary shows that accounting bases explains a strong and positive significant relationship between the dependent and independent variables. However, the direction of causality between the accounting bases treasury management is mixed indicating uni and bi-directional causality. The study concludes that local government revenue has significant effect on investment of basic amenities of Nigeria local governments.

scholarly journals Revenue Mobilization and Investment on Basic Amenities of Local Governments in Nigeria

2019 ◽  
Vol 1 (1) ◽  
pp. 45-59
Author(s):  
Briggs Alasin Captain ◽  
C. O. Ofurum
Keyword(s):  
Local Government ◽  
State Government ◽  
Local Governments ◽  
Value Added ◽  
Secondary Data ◽  
Least Square ◽  
Value Added Tax ◽  
Independent Variables ◽  
Dynamic Relationship ◽  
Integration Test

This paper examined the effects of revenue mobilization and investment on basic amenities of local government in Nigeria. Secondary data were collected from the Central Bank of Nigeria Annual Statistical Bulletin from 19932017. Investment in basic amenities was proxy by monetary value of basic amenities while revenue mobilization was proxy by federal government allocation, state government allocation, value added tax, internally generated revenue and grants to local governments in Nigeria. Ordinary Least Square (OLS), Augmented Dickey Fuller Test, Johansen Co-integration test, normalized co-integrating equations, parsimonious vector error correction model and pair-wise causality tests were used to conduct the investigations and analysis. The empirical findings based on the models found that value added tax, internally generated revenue and grant have negative and significant effect on investment on basic amenities while federal allocation and state allocation have positive effect on the value of basic amenities. The unit root result (ADF) showed that the variables were stationary at the first difference of Order 1 (1). The co-integration tests revealed a long run dynamic relationship between the dependent and independent variables in the models. The parsimonious model summary shows that accounting bases explains a strong and positive significant relationship between the dependent and independent variables. However, the direction of causality between the accounting bases treasury management is mixed indicating uni and bi-directional causality. The study concludes that local government revenue has significant effect on investment of basic amenities of Nigeria local governments.

scholarly journals Revenue Mobilization and Investment on Infrastructure of Local Governments in Nigeria

2019 ◽  
pp. 60-76
Keyword(s):  
Local Government ◽  
State Government ◽  
Local Governments ◽  
Value Added ◽  
Least Square ◽  
Value Added Tax ◽  
Independent Variables ◽  
Infrastructural Development ◽  
Long Run ◽  
Integration Test

This thesis examined the effects of revenue mobilization and investment of local governments in Nigeria. Secondary data were collected from Central Bank of Nigeria Statistical Bulletin. The dependent variables were proxy by value of basic amenities and value of infrastructural development. The independent variables were proxy by federal government allocation, state government allocation, value added tax, internally generated revenue and grants. Descriptive statistics and multiple regressions were used to examine dynamic long run relationship that exists between revenue mobilization and local government development. Ordinary Least Square (OLS), Augmented Dickey Fuller Test, Johansen Co-integration test, normalized co-integrating equations, parsimonious vector error correction model and pair-wise causality tests were used. The estimated model revealed that value added tax, state allocation, grants and federal allocation have positive effect on value of infrastructural development while internationally generated revenue have negative effect on infrastructural development. The unit root result (ADF) showed that the variables were stationary at the first difference of Order 1 (1). The co-integration tests revealed a long run dynamic relationship between the dependent and independent variables in the models. The parsimonious model summary shows that revenue mobilization explains positive and significant relationship between the revenue and development of local government. However, the direction of causality between revenue and development is mixed indicating uni and bi-directional causality. The study concluded that local government revenue has significant effect on infrastructural investment of Nigeria local governments. Its recommends policies should be directed toward effective utilization of revenue and local government finance should manage in line with international best practices.

scholarly journals Revenue Mobilization and Investment on Infrastructure of Local Governments in Nigeria

2019 ◽  
Vol 1 (1) ◽  
pp. 60-76
Author(s):  
Briggs Alasin Captain ◽  
G. N. Ogbonna
Keyword(s):  
Local Government ◽  
State Government ◽  
Local Governments ◽  
Value Added ◽  
Least Square ◽  
Value Added Tax ◽  
Independent Variables ◽  
Infrastructural Development ◽  
Long Run ◽  
Integration Test

This thesis examined the effects of revenue mobilization and investment of local governments in Nigeria. Secondary data were collected from Central Bank of Nigeria Statistical Bulletin. The dependent variables were proxy by value of basic amenities and value of infrastructural development. The independent variables were proxy by federal government allocation, state government allocation, value added tax, internally generated revenue and grants. Descriptive statistics and multiple regressions were used to examine dynamic long run relationship that exists between revenue mobilization and local government development. Ordinary Least Square (OLS), Augmented Dickey Fuller Test, Johansen Co-integration test, normalized co-integrating equations, parsimonious vector error correction model and pair-wise causality tests were used.  The estimated model  revealed that value added tax, state allocation, grants and federal allocation have positive effect on value of infrastructural development while internationally generated revenue have negative effect on infrastructural development. The unit root result (ADF) showed that the variables were stationary at the first difference of Order 1 (1). The co-integration tests revealed a long run dynamic relationship between the dependent and independent variables in the models. The parsimonious model summary shows that revenue mobilization explains positive and significant relationship between the revenue and development of local government. However, the direction of causality between revenue and development is mixed indicating uni and bi-directional causality. The study concluded that local government revenue has significant effect on infrastructural investment   of Nigeria local governments. Its recommends policies should be directed toward effective utilization of revenue and local government finance should manage in line with international best practices.  

scholarly journals Social Service Delivery in Southwestern Nigeria: Local Governments Perspective

2018 ◽  
Vol 8 (4) ◽  
pp. 294
Author(s):  
Odewale, Ayotunde David ◽  
Badejo, B. T
Keyword(s):  
Local Government ◽  
Service Delivery ◽  
State Government ◽  
Social Service ◽  
Local Governments ◽  
Secondary Data ◽  
Primary Data ◽  
Southwestern Nigeria ◽  
Social Service Delivery ◽  
The Impact

This paper assesses the impact of local government on social service delivery in south-western Nigeria in tandem with their full constitutional responsibility particularly on primary education and road constructions. The related concepts were review. The study utilized both primary and secondary data. Primary data were collected through questionnaire administration and in-depth interviews. The study revealed that local government has a significant impact on social service delivery in Southwestern Nigeria (r = 0.438, p < 0.05). The paper highlighted some recommendations and concluded that local government had performed considerably well in delivery of social service to the populace in their concurrent responsibility with the state government, but relatively low in their mandatory functions.

scholarly journals Caretaker Committee and Performance of Local Government Council in Anambra State

2021 ◽  
Vol 21 (4) ◽  
pp. 1-33
Author(s):  
Joyce Mbaebie Joyce Mbaebie
Keyword(s):  
Data Analysis ◽  
Local Government ◽  
State Government ◽  
Local Governments ◽  
Secondary Data ◽  
System Capacity ◽  
Functional Theory ◽  
Anambra State ◽  
Descriptive Research ◽  
And Performance

The study focused on the caretaker committee and performance of local Government Council in Nigeria: A study of Anambra State 2008 - 2013. In Nigeria federal structure, the three levels of government have legislative responsibility for various services and functions. The fourth schedule of the constitution outlines the functions and responsibilities of local government. The objective of the study is to: determine if the imposition of the caretaker committee system is a constitutional provision of the local government system in Nigeria especially Anambra State; to determine if the adoption of the caretaker committee by the state government affected the capacity of local government to perform its functions. The theoretical framework adopted focused on structural functional theory propounded by Gabriel Almond and J.S. Coleman in 1960. The study adopted descriptive research design and relied heavily on both primary and secondary data. Questionnaire was the major instrument for data collection and data were analyzed by the use of mean. Based on the data analysis, the following findings were made: the imposition of the caretaker committee system by state government to local governments is unconstitutional, the adoption of the caretaker committee by state government endangered the local government system capacity to perform its constitutional function. The study recommended amongst others that the use of or appointment of local government caretaker committee should be condemned, caretaker committee should be made to spend only three months to allow for a constitutionally elected local government executive. Keywords: Local Government, Caretaker, Committee, Grassroots, Performance.

scholarly journals Pengaruh Akuntabilitas, Potensi Daerah dan Aset Daerah terhadap Transparansi Pemerintah Daerah

2020 ◽  
Vol 8 (2) ◽  
pp. 167-176
Author(s):  
Rosalia Rosalia ◽  
Pingky Dezar Zulkarnain
Keyword(s):  
Local Government ◽  
Local Governments ◽  
Secondary Data ◽  
Financial Statements ◽  
Freedom Of Information ◽  
Regional Government ◽  
Significance Level ◽  
Audit Opinion ◽  
Independent Variables ◽  
Local Budget

This study aims to find out several factors that affect the transparency of local governments after the enactment of Law Number 14 of 2008 concerning the Freedom of Information Act. This research focuses on the practice of the publication of local government financial statements and information about the local budget (APBD) on the website of each local government. The identified factors (independent variables) are accountability, regional potential and regional assets. In addition to knowing the partial effect of the independent variables on dependent variables, this study also aims to determine whether the accountability, regional potential, and regional assets simultaneously influence the transparency of regional government. The population of this study is 28  local governments in the province of West Java during the period of 2016 – 2018. Thus,  the total number of samples is 84 . The type of data is secondary data. The analytical tool used is SPSS 24 for windows software. The analytical method is  logistic regression analysis with a significance level of 5% The results show that accountability, regional potential and regional assets simultaneously  influence the transparency of local government. The accountability variable that is proxied into audit opinion does not affect the transparency of local government. This means that the WTP opinion obtained by the regional government does not encourage the regional government to practice the publication of financial statements and APBD information on the respective regional government website. Furthermore, regional potential variables significantly influence the transparency of local governments. The higher regional potential, the greater the supervision of the community regarding the management of the region’s potential is. This encourages the regional government to be more transparent with its financial statements. The regional asset variable does not significantly influence regional transparency. This shows that high regional fixed assets does not directly make regional governments more transparent in disclosing their financial statement to the public.   Key words        : Accountability, Regional potential, Regional Asset, Publication, Transparency, Website

scholarly journals Indirect Tax and Economic Growth in Nigeria: The Case of VAT

2019 ◽  
pp. 61-66
Author(s):  
OBAYORI, Joseph Bidemi ◽  
OMEKWE, Sunday Omiekuma Paul
Keyword(s):  
Economic Growth ◽  
Tax Evasion ◽  
Unit Root Test ◽  
Value Added ◽  
Secondary Data ◽  
Value Added Tax ◽  
Long Run ◽  
Integration Test ◽  
The Impact ◽  
Excise Duties

This paper empirically investigated the impact of value added tax (VAT) on economic growth in Nigeria from 1994–2018. This was done against the background that VAT as an indirect tax was introduced by the Federal Government of Nigeria in 1993 to replace sales tax with the sole aim of increasing the revenue base of government and make funds available for developmental purposes. The aim of the study is to examine the effect of value added tax on economic growth in Nigeria and determine the impact of other tax revenues particularly, custom and excise duties on economic growth in Nigeria. Thus, secondary data on GDP, VAT revenues, custom and excise duties were sourced from CBN statistical bulletin. Also, ARDL technique was used to analyze data. The variables were subjected to ADF unit root test prior the ARDL and found to be stationary. The ARDL co-integration test showed that there is a long run association amongst the variables. The ARDL short run result showed that the value of VAT has a positive relationship with economic growth in Nigeria. Also, custom and excise duties revenue positively impacted on economic growth in Nigeria. Hence, it was concluded that Value Added Tax (VAT) as an indirect tax system in Nigeria has direct relationship with economic growth in Nigeria since its inception in 1994. It has contributed to the total revenue of the nation as a result of reduction in tax evasion. Based on the findings, the paper recommended that government should put in place adequate measure to ensure that revenue generated from VAT is effectively utilized to develop and grow the economy in order to better the lives of the citizenry.

scholarly journals Effect of Corporate Taxation on the Profitability of Firms in NIGERIA

2019 ◽  
Vol 11 (1(J)) ◽  
pp. 191-201
Author(s):  
Olaoye Clement Olatunji ◽  
Alade Elizabeth Oluwatoyin
Keyword(s):  
Value Added ◽  
Secondary Data ◽  
Corporate Taxation ◽  
Least Square ◽  
P Value ◽  
Value Added Tax ◽  
Corporate Tax ◽  
Tax Rate ◽  
Withholding Tax ◽  
The Government

The paper examined the effect of corporate taxation on the profitability of some selected firms in Nigeria from 2007 to 2016 using secondary data which was sourced from various publications of the firms’ financial report. The study employed pooled ordinary least square as the estimation technique. The analytical results revealed that the coefficient of corporate tax on profit after tax was positive with the value of 2.418830 and its P-values were 0.0000, the coefficient of value-added tax was 14.51298 and its p-value was 0.0000. Equally, the coefficient of withholding tax was positive with the value of 7.256489 with p-value 0.0000. Furthermore, education tax result depicts that the coefficient is 36.28245 and it p-value is 0.0000. However, the study concluded that corporate tax rate and education tax as the major taxes paid by companies have positive and significant effects to influence profit after tax. It is also clinched that value-added tax rate and withholding tax being used as other variables that could have effects on profit after tax equally revealed positive and significant effects on profit after tax. Therefore, the study recommended that the government and relevant tax authorities should improve in the administration of corporate taxes to avoid non-compliance

scholarly journals Impact of State Government Revenues on Infrastructural Development in Bauchi State Nigeria

2020 ◽  
Vol 6 (16) ◽  
pp. 47-58
Author(s):  
Aminu HAMMAYO ◽  
◽  
Isah SHITTU ◽  
Aliyu A. ABDULLAHI ◽  
◽  
...  
Keyword(s):  
State Government ◽  
Local Governments ◽  
Capital Expenditure ◽  
Secondary Data ◽  
Least Square ◽  
Capital Projects ◽  
Policy Makers ◽  
Ordinary Least Square ◽  
Ordinary Least Square Regression ◽  
The Impact

The study examines the impact made by the efforts of Bauchi State Government in the development of infrastructure represented by the level of capital expenditure incurred through the utilization of the state’s revenues. Secondary data was obtained from the government’s Annual Financial Statements for the period 2006 to 2018. Ordinary Least Square regression was employed as the technique of analysis. The findings of the study revealed that share of allocation received from the federation account as well as debt both had a positive and significant influence in the provision of infrastructure while internally generated revenue, showed a negative and significant relationship. Other receipts comprising of contributions from Local Governments for the execution of joint projects as well as local and foreign grants and assistance received indicated a positive but insignificant relationship. The study recommends that policy makers should ensure a reasonable allocation of federation account revenues towards capital projects implementation. Efforts at the mobilization of internally generated revenue and grants should be intensified with funds realized used along with funding drawn from the Local Governments as well as proceeds of debts raised towards the provision of the infrastructural needs of the state.

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