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EFFECTS OF TAX EVASION AND AVOIDANCE ON ECONOMY OF NIGERIA

EFFECTS OF TAX EVASION AND AVOIDANCE ON ECONOMY OF NIGERIA (A Case Study of Lagos State Internal Revenue Service) Nigeria is richly blessed with oil and gas among other mineral resources, but the over dependence on oil revenue for the economic development of the country has left much to be deserved. According to Ariyo (1997) Nigeria's over dependence on oil revenue to the total neglect of other revenue source was encouraged by the oil boom of 1973/74. This is unsustainable due to the fluctuation in the oil market which have in most cases plunged the nation into deficit budgets. It was the view of Popoola (2009) that Nigerian tax administration and practice be structured towards economic goal achievement since government budget for the year centres on the oil sector. While decrying the low productivity of the Nigerian tax system, "deficiencies in the tax administration and collection system, complex legislations and apathy on the part of those outside the tax net" ...

EFFECTIVE MARKET CAPITALIZATION AND THE NIGERIA STOCK MARKET GROWTH

EFFECTIVE MARKET CAPITALIZATION AND THE NIGERIA STOCK MARKET GROWTH ABSTRACT    The capital market is one the compartment of financial system that promote savings and investment in an economy, by providing the means of gathering saving and making them available to borrower. The aim of this research work is to examine the effective market capitalization and the Nigeria stock market growth between the periods of 1983-2010. The data used for the research work were both secondary and primary data. Secondary data was gathered from Nigeria stock market between on various issues between the periods of 1983-2010 while the primary data was source through questionnaire given to some selected staff of stock exchange market. The analysis of data collected was base on the Ordinary Least Square the method which was used to test hypothesis one (effective capitalization and Nigeria stock market growth).  Chi- square was used to test hypothesis two (registered small and mediu...

EFFECT OF EXCHANGE RATE MANAGEMENT POLICIES ON DEVELOPING ECONOMIES

EFFECT OF EXCHANGE RATE MANAGEMENT POLICIES ON DEVELOPING ECONOMIES (A Case Study of Nigeria)  ABSTRACT    The foreign exchange management policy of an economy serves as one of the major factor that contributes to the economic development of such nation. To the federal government, FOREX is a very crucial resource for conducting international transaction; therefore, the government felt once earned should be judiciously managed. The extent of the effective management of exchange rate on import and export is what the project really examined. There came different era of, changes of foreign exchange management policies ranging from pre SAP period, SAP period and post SAP period with each having different effects on import and export trade. The project tends to answer how these different policies really affected the import and export trade of the Nigerian economy. The procedure for analyzing the collected data was transformed into a linear regression equation using th...

PROPAGANDA IN POLITICS

PROPAGANDA IN POLITICS:  THE USE OF LANGUAGE FOR EFFECT IN ELECTIONEERING CAMPAIGN INTRODUCTION    Propaganda is one unique device of politics. This is mostly observed in any electioneering campaign.  Longe and Ofuanu (1996:17) argue that propaganda is solely introduced to damage character. “ Propaganda means information, doctrinesopinion etc that are often derogatory, as in political propaganda Films and plays.These are said to be derogatory because they tend to damage or take away credit from something or someone. The sole purpose of propaganda is to misinform and mislead and to consciously indoctrinate.“  The use of propaganda   many times, present the propagandist (that is the person speaking) as a saint and the person the propaganda is aimed at as the devil that is not fit to lead. The focus of this research however is to show how language plays a significant role in political propaganda as it relates to electioneering campaign. This work...