JOHN INYONGUN IVARAVE
Department of Business Education,
College of Education, Katsina-Ala.
E-mail: [email protected]
ABSTRACT
The main objective of this study is to theoretically investigate how taxation and other sources of revenues can be used to sustain Nigeria’s economic recession recovery. The paper, made use of primary source of information to review the followings; the concept of taxation, types of taxes, tax administration, problems of tax administration, problems associated with an economy under recession and how taxation and other sources of revenues can be a panacea to sustenance of Nigeria’s recovery from recession among other issues. The paper concluded that, aggressive enlightenment of citizens on why they should pay tax, encouraging and promotion of agriculture, investment in the solid mineral industries among others can be used to sustain the Nation economic recovery from recession. The paper recommends that, Jingles, fliers and posters should be made in the major Nigerian languages encouraging them to pay tax, Government should set up cottage industries to process perishable agricultural products like oranges, mangoes, tomatoes for exports amongst others.
Keywords: Taxation, Sustenance, Economy, Recession, Recovery