non-oil tax revenue

An Assessment of NPP’s Manifesto Promises

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The paper estimates the Total Cost of major NPP Promises in their manifesto and assesses the Party’s proposed tax cuts on economic growth and revenue generation to finance the cost of the promises.  The relationship is robust even after controlling for economic growth. The paper finds a negative and elastic relationship between corporate tax rate … Read more

Nigeria Braces For Likely Recession

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Lagos (AFP) – After two bruising quarters marked by attacks on oil pipelines in the Niger delta and ballooning inflation, Nigeria is expected on Wednesday to announce it is officially in recession. The news shouldn’t come as a surprise. Sales of oil at a high price had made Nigeria the biggest economy in Africa. But … Read more