ABSTRACT
Value Added Tax (VAT) is a consumption tax on the value added to a product in the process of
production. Like all other indirect taxes, it is a tax that targets the final consumer of goods and services.
The main purpose of VAT in Nigeria is to increase government (state and Local) revenue from the non-oil
sector thereby reducing the government’s dependence on oil sales and the budget deficits. In this
research work my aim is to determine the stabilizing roles of VAT in the Nigerian economy. The study
employed multiple regression analysis as a method of study using the ordinary least square (OLS)
regression technique in estimation. Result of the analysis revealed that price level is not stimulated by
VAT in Nigeria.
TABLE OF CONTENT
Title Page - - - - - - - - - - i
Approval Page - - - - - - - - - ii
Dedication - - - - - - - - - - iii
Acknowledgement - - - - - - - - iv
Abstract - - - - - - - - - - vi
Table of Content - - - - - - - - - vii
CHAPTER ONE: INTRODUCTION
1.1 Background of the Study - - - - - - - 1
1.2 Statement of Problem - - - - - - - 3
1.3 Objective of the Study - - - - - - - 4
1.4 Statement of Hypothesis - - - - - - - 4
1.5 Scope of the Study - - - - - - - - 4
1.6 Significance of the Study - - - - - - - 5
CHAPTER TWO:
2.0 Literature Review
2.1 Conceptual Framework - - - - - - - 6
2.2 Inflation Rate - - - - - - - - - 6
2.3 A Review of the Taxation System in Nigeria Historical Review - 8
2.4 Economic Stability in Nigeria - - - - - - - 19
2.5 Theoretical literature -- - - - - - - - 21
2.6 Summary of Literature and Justification of the Study - - - 30
CHAPTER THREE: RESEARCH METHODOLOGY
3.0 Methodology and data - - - - - - - 31
3.1 Methodologies - - - - - - - - 31
CHAPTER FOUR: PRESENTATION AND ANALYSIS OF DATA
4.0 Presentation and Discussion of Results -- - - - - 35
CHAPTER FIVE:
5.0 CONCLUSION AND POLICY RECOMMENDATION- - - - - 38
5.1 Conclusion - - - - - - - - - -38
5.2 Recommendations - - - - - - - - -38
Bibliography - - - - - - - - - 40
