期刊名称:International Journal of Economics and Finance
印刷版ISSN:1916-971X
电子版ISSN:1916-9728
出版年度:2016
卷号:8
期号:6
页码:210
DOI:10.5539/ijef.v8n6p210
出版社:Canadian Center of Science and Education
摘要:The study evaluation of the contributions of oil revenue on economic development in Nigeria tested the impact of growth rate in oil revenue and growth rate in Gross Domestic product and growth rate in total federally collected revenue of the Government from 1991 to 2012. Regression analysis was used to carry out data analysis with the aid of SPSS version 20. Results showed that a unit change in growth rate of oil revenue will lead to an equal unit change in growth rate of gross domestic product. The study recommends that federal government should intensify efforts to increase revenue derived from oil especially as it impacts on GDP and federally collected revenue.