Editorial Board


Editor-in-Chief

Professor Rafiu Oyesola Salawu

Department of Management & Accounting, Faculty of Administration, Obafemi Awolowo University, Ile-Ife

Managing Editor

Professor Godwin Emmanuel Oyedokun

Department of Management & Accounting, Lead City University, Ibadan, Nigeria

Editorial Board Secretary

Mary-Fidelis Chidoziem Abiahu

Director, Research and Professional Standard, Chartered Institute of Taxation of Nigeria


Editorial Board Members

Professor Chinedum Nathaniel Nwezeaku

Federal University of Technology, Owerri

Professor John Adeoti

Nigeria Institute of Social and Economic Research (NISER), Ibadan

Professor Uche Jack-Osimiri

Faculty of Law, River State University, Port Harcourt

Professor Aruwa Suleiman Akwu-Odo Salihu

Nasarawa State University, Keffi Nasarawa State Nigeria

Dr. Eiya Ofiafoh Ofiafoh (Associate Professor)

Department of Accounting, University of Benin, Benin City, Nigeria

Dr. Stephen Chukwuemeka Mark Abani

MCSA Worldwide Projects Limited, Abuja, Nigeria

Dr. Kenny Adedapo Soyemi

Department of Accounting, Olabisi Onabanjo University, Ago Iwoye, Ogun State, Nigeria

Professor Joseph Uchenna Uwaleke

Department of Banking & Finance, Nasarawa State University, Keffi Nasarawa State, Nigeria

Barrister Chukwuemeka Eze

Faculty of Law, Nasarawa State University, Keffi Nasarawa State, Nigeria

Mr. Simon Nwanmaghyi Kato

Federal Inland Revenue Service, Chairman’s Office, Abuja, Nigeria

Recent Journals

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Open Access Journal

TAX REVENUE, ECONOMIC GROWTH AND HUMAN DEVELOPMENT INDEX IN NIGERIA

Authors: Peter Okoeguale IBADIN and Bukola Toyin OLUWATUYI

Abstract This paper examined tax revenue, economic growth and human development index. To achieve this main objective in specific terms, the paper evaluated the impact of some major taxes, including Company Income Tax (CIT), Petroleum Profit Tax (PPT), Value-Added Tax (VAT) and Customs and Excise Duties (CED) on Real Gross Domestic Product (RGDP) and Hu ...Read More


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Open Access Journal

ROBUST RESPONSE TO TENTATIVE BUSINESS MODELS IN NIGERIA: ADDRESSING THE CHALLENGES OF DOMESTIC PRODUCTION AND DOMESTIC CONSUMPTION

Authors: Emma I. OKOYE and Ugochukwu J. NWOYE

Abstract Despite the nation’s slow paced economic resuscitation successes being recorded in the post COVID- 19 pandemic lockdown phase, the untamed and deteriorating habit of Nigerian leadership to foreign loans and consequent mismanagement of scarce financial resources as fueled by corruption has no doubt become an inevitable threat to the nation’s ...Read More


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Open Access Journal

REVIEW OF THEORIES ON AUDITORS’ ROTATION

Authors: Ogbeiyulu Felix Umanhonlen

Abstract A lot of debates have been evolved among theories of auditor’s rotation. Some theorists have argued that auditors should rotate on a specific basis, others refute these claims and assert that longer tenure audit engagement engender quality audit, while in other quarters narrow it down, emphasizing on other factors that could mitigate the effec ...Read More


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Open Access Journal

EFFECT OF TAX ADMINISTRATION AND TAXPAYER EDUCATION ON TAX COMPLIANCE BEHAVIOUR

Authors: Obal Usang Edet Usang and Udofia Aniekan Etim

Abstract In order to generate more revenue from income taxes, the Cross River State government had embarked on intensive tax campaign across the state. It is not clear whether this has led to more compliance on the part of taxpayers. Therefore, the study examined the effect of tax administration and taxpayer education on tax compliance in Calabar Metropo ...Read More


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Open Access Journal

AUDIT COMMITTEE EFFECTIVENESS, RISK COMMITTEE PRESENCE AND TAX AGGRESSIVENESS IN LISTED NON-FINANCIAL FIRMS IN NIGERIA

Authors: Dick O. Irri, Suleiman A. S. Aruwa and Mohammed A. Mainoma

Abstract The objective of this study is to investigate the effect of audit committee effectiveness and risk committee presence on tax aggressiveness in non-financial firms listed in Nigeria. Using a correlational design, a sample of 80 companies for a period of 12 years (2008-2019) was selected from a target population of 98 listed non-financial services ...Read More


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Open Access Journal

Volume 20 No. 2 of 2021- Preliminary pages

Authors: Professor Rafiu Oyesola Salawu, Professor Godwin Emmanuel Oyedokun, Mary-Fidelis Chidoziem Abiahu

Abstract The Journal of Taxation and Economic Development (JTED) is the official Journal of the Chartered Institute of Taxation of Nigeria (CITN). JTED is devoted to the study of taxation and its role in economic development. The journal's specific areas of interest include the theoretical and empirical analysis of taxation and its implication for fiscal ...Read More


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Open Access Journal

TAXATION, QUALITY OF GOVERNMENT AND BUSINESS DEVELOPMENT IN OSUN STATE, NIGERIA

Authors: Helen Olubunmi Aderemi

Abstract This paper examined the extent to which taxation affects the survival of enterprises in Osun State, Nigeria. It also investigated the effect of taxation on the quality of governance and ascertained how taxation influences the business operations of the enterprises. These were with a view to determining how taxation enhances quality of governance ...Read More


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Open Access Journal

EFFECT OF MONETARY POLICY MANAGEMENT ON PERFORMANCE OF NIGERIA’S ECONOMY

Authors: Etebong Attah Umana, Nancy Chinwe Agha and Christian Ikechukwu Ezugwu

Abstract This study examined the effect of Monetary Policy Management on the Performance of Nigeria Economy. An ex-post facto research design was adopted for the study. Time series data were collected from the CBN Statistical Bulletin using desk survey method from 1985- 2017. The data were analyzed using Ordinary Least Square multiple regression statisti ...Read More


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Open Access Journal

EFFECTIVE MANAGEMENT OF PENSION FUNDS TOWARDS FRAUD REDUCTION AND GOOD PENSION SCHEME IN NIGERIAN PUBLIC SECTOR

Authors: Amaka Elizabeth Agbata, Paradise Josephine Obada and Tochukwu Nkem Akaegbobi

Abstract This research examined effective management of pension funds that will reduce pension fraud and bring about good pension scheme in Nigerian public sector. The need for it arose due to increased mismanagement and embezzlement of pension funds by those charged with its management. Survey research method was employed and population comprised 435 s ...Read More


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Open Access Journal

CORPORATE GOVERNANCE AND CASH HOLDING IN NIGERIAN LISTED COMPANIES

Authors: Peter Okoeguale IBADIN and Nosakhare OGBOMO

Abstract This study examined corporate governance and cash holdings in Nigeria. To realize this general objective, a sample of one hundred and twenty-seven (127) companies, determined with the use of Yamane’s (1967) sampling size technique, was used and drawn from the Nigeria Stock Exchange (NSE), the selection of which was made through the simple ran ...Read More


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Open Access Journal

CAN AUDIT QUALITY AFFECT PERFORMANCE OF NON-FINANCIAL FIRMS IN NIGERIA?

Authors: Olusola Enitan Olowofela, Olufunke Olaide Sogbesan and Kehinde Isiaq Olaiya

Abstract This study examined the effect of audit quality on value of non-financial firms in Nigeria with reference to food and beverages quoted firms between 2008 and 2017. The study employed ex-post facto research design using panel data sourced from annual financial reports of nineteen (19) sampled quoted food and beverages companies. The findings of t ...Read More


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Open Access Journal

ASSESSING LIQUIDITY DETERMINANTS AND CASH HOLDINGS DECISIONS OF SYSTEMATICALLY IMPORTANT BANKS (SIBS) IN NIGERIA: THE PRE AND POST ECONOMIC RECESSION EXPERIENCE

Authors: Ugochukwu J. Nwoye, Nonye J. Ezenwafor and Emma I. Okoye

Abstract This study to evaluates the relationship between liquidity determinants and the cash holding decisions of Systematically Important Banks (SIBs) in the pre and post-economic recession periods in Nigeria. Specifically, it intends to determine to ascertain the relationship between firm liquidity and cash holding decisions of SIBs in the pre and pos ...Read More


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Open Access Journal

Volume 20 No. 1 of 2021- Preliminary pages

Authors: Professor Rafiu Oyesola Salawu Professor Godwin Emmanuel Oyedokun Mary-Fidelis Chidoziem Abiahu

Abstract The Journal of Taxation and Economic Development (JTED) is the official Journal of the Chartered Institute of Taxation of Nigeria (CITN). JTED is devoted to the study of taxation and its role in economic development. The journal's specific areas of interest include the theoretical and empirical analysis of taxation and its implication for fiscal ...Read More


Hits: 248
Open Access Journal

EFFECT OF TAX REVENUE ON PUBLIC DEBT AND CAPITAL EXPENDITURE IN NIGERIA

Authors: Ntekpere Ukeme A. and Olayinka Ifayemi M.

Abstract The citizens' need for accountability by the governments' continuous receipt of tax revenue without a corresponding reduction in public debt and increase in capital expenditure has raised questions on the effect of tax revenue on public debt and capital expenditure. It is against this background that the study examines the effect of tax rev ...Read More


Hits: 85
Open Access Journal

FAIR VALUE GAINS AND LOSSES AND PERCEPTIONS OF EARNINGS QUALITY: EVIDENCE FROM NIGERIAN DEPOSIT MONEY BANKS

Authors: Gospel J. Chukwu, Godwin Israel Ebirien, Fiito K. Peekate and Amos Namapele

Abstract The need to increase the quality of reported earnings in Nigeria has led to many efforts, including the adoption of International Financial Reporting Standards, which introduced fair value measurement for certain assets and liabilities. This study determined whether the perception of investors on the quality of earnings reported by banks is ...Read More


Hits: 81
Open Access Journal

ACHIEVING TRANSPARENT IFRS FINANCIAL REPORTING IN NIGERIA AND GHANA: THE B & B MODEL EFFECT

Authors: NWOYE, Ugochukwu John , ADENIYI, Segun I. and ABIAHU, Mary-Fidelis Chidoziem.

Abstract In Africa, the transparency quality of financial disclosures appears to rank below expectations after several years of adopting IFRS. Some scholars advocate for the deployment of multi investigative models as a complement during Financial Statements audit to help secure reasonable transparency in IFRS financial reporting. As a result, this ...Read More


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Open Access Journal

DETERMINANTS OF TAX COLLECTION BY LOCAL GOVERNMENTS: EMPIRICAL EVIDENCE FROM KWARA STATE

Authors: Mohammed Yaru

Abstract Local governments in Nigeria depend so much on monthly statutory allocations from the federation account. The allocations have not only been insufficient in meeting the financial needs of local governments but are also characterised by uncertainties and volatilities. Debt profiles of local governments have mounted as a result. Looking inwar ...Read More


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Open Access Journal

COVID-19 CHARITABLE DONATIONS AND TAX SHIELD OF DONORS IN NIGERIA

Authors: Cletus O. Akenbor

Abstract This study aimed at investigating the extent to which covid-19 charitable donation affects tax shield of donors in Nigeria. The study adopted a survey research design, and the population of the study consisted of donors of the N500 billion covid-19 crisis intervention fund established by the Federal Government of Nigeria to contain the effect ...Read More


Hits: 21
Open Access Journal

Volume 19 No 1- Preliminary Pages and Table of Content

Authors: Professor Rafiu Oyesola Salawu and Mary-Fidelis Chidoziem ABIAHU

Abstract The Journal of Taxation and Economic Development (JTED) is the official Journal of the Chartered Institute of Taxation of Nigeria (CITN). JTED is devoted to the study of taxation and its role in economic development. The journal's specific areas of interest include the theoretical and empirical analysis of taxation and its implication for fis ...Read More


Hits: 40
Open Access Journal

TAX FRAUD IN NIGERIA: A REVIEW OF CAUSAL FACTORS

Authors: Peter Okoeguale IBADIN and Embele KEMEBRADIKEMOR

Abstract Tax fraud is a longstanding problem that has affected the government's ability to mobilise revenue needed to enhance growth and development. Billions of naira have been reported lost to tax fraud and mitigating this menace has become a high point of call to various tax authorities. Prior researchers have alluded that strategies to deterring ...Read More