Nigerian Journal of Banking and Financial Issues (NJBFI)

TAX EVASION, CORRUPTION, AND NON-OIL REVENUE GENERATION IN NIGERIA

Authors

  • Oberewu Sunday Philip Author
  • Olalekan Akinrinola Author
  • Dele Ojomolade Author
  • Isibor Areghan Author

Keywords:

Tax Evasion, Corruption Perception Index, Non-Oil Revenue, Taxation, Leakages

Abstract

This research examined the nexus between tax evasion and non-oil revenue in Nigeria. The study’s specific objective was to investigate how revenue leakages through tax evasion and corruption perception index impact non-oil revenue in Nigeria. Secondary monthly data from 2016M1 till 2023M12 sourced from the annual reports of the Nigerian Federal Inland Revenue Services and the Central Bank of Nigeria was utilized for the study. The sourced data was estimated using the multiple regression technique. The unit root test showed that all the variables were stationary at levels. Findings show that revenue leakages through tax evasion plus corruption perception index negatively and significantly impact non-oil revenue in Nigeria. The research, therefore, recommended that the government tax laws should be reviewed regularly to provide punishments for tax evasion offenders.

Cover page

Downloads

Published

2026-01-30

Issue

Vol. 11 No. 2 (2025): Nigerian Journal of Banking and Financial Issues (NJBFI)

Section

Articles