GOVERNMENT REVENUE GENERATION AND INFRASTRUCTURAL DEVELOPMENT IN NIGERIA

This study determined the effect of government revenue generation on infrastructural development in Nigeria using Petroleum profit tax and company income tax as independents variables. Ex-Post Facto research design and time series data were used. Data were extracted from CBN statistical Bulletin and FIRS website and analyzed with descriptive statistics and inferential analysis via E-view 9.0 spanning form 2000 to 2023. The study found that petroleum profit tax has insignificant effect on infrastructural development in Nigeria, while company income tax has a significant effect on infrastructural development in Nigeria. Based on the findings, the study recommended among others, that there is need for federal Government to give utmost priority to petroleum profit tax, to ensure that all the money generated are in appropriate hands to improve the infrastructural development in the economy