Indian Journal of Economics and Development

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Sustainable Development through Environmental Taxation in Nigeria:Challenges and Prospects


Affiliations
1 Department of Accounting, Gombe State University, PMB 127, Gombe, Nigeria
 

Background/Objectives: The paper examines sustainable development through environmental taxation in Nigeria. There is a need to find ways of reducing environmental impairment through pollution while minimising harmful effect on the economic growth.

Methods/ Statistical Analysis: The combination of both qualitative and quantitative methods was used to fulfil research aims. The research employed the Yaro Yamani formula in determining the population size. A population of 15,000,000 for the study with an error limit of 5 percent, a sample size of 400 used in this study is therefore considered adequate. A well organized constructed close-ended questionnaire is designed and administered to provide answer emerging from the analysis of the problem.

Findings: Considering the seriousness of this environmental hazards posed by these industries, Federal Government of Nigeria should formulate plans to design a tax process that might encompass environmental tax policies, so that the levy of tax be designed placing its burden on those who are responsible for causing a particular environmental problem, or problems and also make provision for statutory incentives to minimize administrative cost to the government and compliance cost imposed on the tax payers.


Keywords

Environment, Nigeria, Taxation, Pollution, Development.
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  • Sustainable Development through Environmental Taxation in Nigeria:Challenges and Prospects

Abstract Views: 290  |  PDF Views: 160

Authors

Iliya Garba
Department of Accounting, Gombe State University, PMB 127, Gombe, Nigeria

Abstract


Background/Objectives: The paper examines sustainable development through environmental taxation in Nigeria. There is a need to find ways of reducing environmental impairment through pollution while minimising harmful effect on the economic growth.

Methods/ Statistical Analysis: The combination of both qualitative and quantitative methods was used to fulfil research aims. The research employed the Yaro Yamani formula in determining the population size. A population of 15,000,000 for the study with an error limit of 5 percent, a sample size of 400 used in this study is therefore considered adequate. A well organized constructed close-ended questionnaire is designed and administered to provide answer emerging from the analysis of the problem.

Findings: Considering the seriousness of this environmental hazards posed by these industries, Federal Government of Nigeria should formulate plans to design a tax process that might encompass environmental tax policies, so that the levy of tax be designed placing its burden on those who are responsible for causing a particular environmental problem, or problems and also make provision for statutory incentives to minimize administrative cost to the government and compliance cost imposed on the tax payers.


Keywords


Environment, Nigeria, Taxation, Pollution, Development.

References