Uche Lucy Onyekwelu, Abraham Chineke, Ferdinand N. Iroegbu


This paper assesses the relevance of Non-Tax Revenue on the Growth of Nigerian Economy. The study   adopted the ex- post facto research design. Secondary data were employed in the study. The data for analysis were from the Central Bank of Nigeria the statistical bulletins/releases. Data were analysed using the Ordinary Linear Regression. Results show that revenue from crude oil export has a positive and insignificant effect on Gross Domestic Product (GDP). Revenue from domestic crude oil sales has a positive and insignificant effect on Gross Domestic Product (GDP).Result further reveals that revenue from royalties has positive and significant effect on Gross Domestic Product (GDP). However, revenue from other oil sources not classified above has positive and insignificant effect on Gross Domestic Product(GDP). The paper  recommends that the country employ the revenues realized judiciously on economic sectors that will better accounting and collection strategies be put in place to forestall the huge funds which are not accounted for in the  oil sales revenue in Nigeria.  


Non-Tax Revenue, Economic Growth, Nigeria

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