Tax

Can Information Communication Technology Unlock Tax Revenue Mobilization in Sub Saharan Africa

This study examines the effect of ICT on tax revenue mobilisation in 23 sub-Saharan African countries between 2000 and 2020. To address our objectives, it utilises a feasible generalised least squares approach that accounts for both heteroscedasticity and autocorrelation challenges. Particularly, six measures of ICT (import of ICT goods, export of ICT goods, ICT trade, […]

Read More

Changing Perspectives: SSB Tax is key to Addressing Obesity in Nigeria

Obesity is on the rise globally, with 1 billion people predicted will be living with the disease by 2030. Obesity is no longer just a disease of rich countries. The incidence of the disease is now more pronounced in lower and middle-income countries, especially in poorer and more vulnerable communities. Evidence from recent systematic review […]

Read More

Attaining Sustainable Development Goals (SDGs): New Evidence on Foreign aid and the “Bundling” of Domestic Revenue Mobilization in Sub-Saharan Africa

With the global sustainable development goals, it has become imperative for developing countries, especially sub-Saharan African countries, to think inward on ways to increase domestically mobilized revenue. The recovery of the global economy within the last few years has increased foreign assistance inflow into African countries. However, the direction of its impact on domestic mobilized […]

Read More

Nigeria Economic Update (Issue 33)

According to the National Bureau of Statistics, the volume of Value-Added Tax (VAT) has risen from ₦496.39 billion to ₦512.25 billion between Q1 and Q2 2021, reflecting a 3.2 percent growth. This is the highest ever quarterly VAT amount generated and reflects a year-on-year 56.56 percent growth. VAT collections have continued to peak, following the […]

Download

Nigeria Economic Update (Issue 6)

The International Monetary Fund (IMF) projects that Nigeria’s fiscal balance is estimated to increase considerably. More specifically, general government deficit is projected to widen from 4.8 to 5.9 percent of GDP between 2019 and 2020.1 Also, public debt is projected to increase substantially to 34 percent of GDP in 2020 from 29.1 percent in 2019. […]

Download

Nigeria Economic Update (Issue 41)

President Muhammadu Buhari presented the Federal Government’s Proposal for the 2021 fiscal year before a joint sitting of the National Assembly. The proposed Revenue and Expenditure budgets are ₦7.89 trillion and ₦13.08 trillion respectively, representing a ₦5.20 trillion fiscal deficit.1 With an estimated Gross Domestic Product (GDP) of ₦1.43 trillion2, the fiscal deficit is 3.64 […]

Download

Nigeria Economic Update (Issue 16)

Nigeria’s new national minimum wage bill recently received the President’s assent and was signed into law, subsisting as an Act of Parliament effective from April 18, 20191. The act provides that ₦30,000 be paid as the new minimum wage to Nigerian workers; representing a 67% increase from the ₦18,000 formerly stipulated and paid as minimum […]

Download

Nigeria Economic Update (Issue 44)

At N4,401.91 billion or 7.7 per cent of GDP, gross federally collected revenue for the first half of 2018 was 33.7 percent below the proportionate budget estimates but 47.1 percent above the level recorded in corresponding period of 2017.1 The difference in revenue, relative to the proportionate budget estimates, was driven by shortfalls in both […]

Download

Nigeria Economic Update (Issue 40)

The World Bank’s recent Africa Pulse publication reveals a revised 2018 growth rate forecast for Nigeria from the earlier projected 2.1 percent to 1.9 percent1 – representing a slight downward review. The revision was premised around what the institution termed “sluggish growth” amid rising debts, and a myriad of factors including declining oil production, disruptions […]

Download

Nigeria Economic Update (Issue 37)

The recent report by United Nations Development Programme (UNDP) shows that Nigeria’s Human Development Index (HDI) value rose very marginally from 0.530 in 2016 to 0.532 in 20171. However, overall, the ranking remained unchanged at 157th position out of 189 sample countries – putting the nation in the low human development category, and below Ghana, […]

Download

Nigeria Economic Update (Issue 36)

Total value of Nigeria’s merchandise trade contracted in 2018Q2. Valued at N6.6 trillion1, total trade fell quarter-on-quarter by 8.9 percent from the N7.2 trillion recorded in the previous quarter. Both exports and imports declined during the period: Exports shrunk by 4.9 percent down to N4.5 trillion and was triggered by a huge fall in solid […]

Download

CSEA participates in the Regional Dissemination Conference of Research Results from Research on Tobacco Taxation in West Africa

CSEA joined other participants at the  Regional Dissemination Conference of results from Phase II of the Research Project on Tobacco Taxation in West Africa tagged  “Tax Solutions for Optimal Reduction of Smoking in West Africa”. The conference was organized by the Consortium for Economic and Social Research (CRES) and funded by Canada’s International Development Research Center […]

Read More