Quality of Public Governance and Revenue Generation in Nigeria

Nura Ibrahim
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Nura Ibrahim: Bursary Department, Umaru Musa Yar’adua University, Katsina

International Journal of Research and Scientific Innovation, 2024, vol. 11, issue 5, 252-264

Abstract: The study examined the qualities of public governance on revenue generation in Nigeria. The study used worldwide governance indicators (WGI) as independent variables and government revenue as a percentage of GDP as dependent variables. Time series data from World Bank database and International Monetary Fund (IMF) for Public governance and revenue generation respectively for 25 years were collected and analysed. The findings revealed that control of corruption, government effectiveness, regulatory quality, rule of law and accountability and transparency has statistical impact on government revenue as a percentage of GDP; while political stability also has no statistical impact on government revenue as a percentage of GDP in Nigeria. The study recommends that the Nigerian anti-corruption agencies like Economic and Financial Crime commission (EFCC) and Independent Corrupt Practices and Other Related Offences Commission (ICPC) saddle with the responsibilities of prosecuting corrupt officials in the court of law need to improve on their activities. Policy makers must regularly review the laws, rules, regulations, and policies of the country to ensure justice and peace for citizens and to protect property rights in order for rule of law and government effectiveness to achieve a more significant impact on revenue generation.

Date: 2024
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