Browsing by Author "Abubakar Ijoko"

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    Do Tax Policies in Nigeria Have Similar Implications for the Manufacturing Sector Output?
    (Etikonomi, 2022) Musa Abdullahi Sakanko; Jeremiah Nshe Manomi; Abubakar Ijoko; Usman Abdulkareem Audu
    The study examines whether tax policies in Nigeria have similar implications on the manufacturing sector’s output during the 1994Q1-2020Q4 period using the ARDL bounds testing approach. The bounds testing result suggests the presence of cointegration between tax policies and the manufacturing sector output. Further, the estimation results demonstrate that company income tax (CIT) and import tax are positively related to manufacturing sector output. In contrast, value-added tax (VAT) has a negative effect on the manufacturing sector output, both in the short- and longterm. In addition, the results of the Granger causality test indicate a unidirectional causal relationship running from tax policies to the manufacturing sector output and not vice versa. Thus, policies and measures are recommended to prioritize the CIT and import tax, review the assortment in the VAT, and ensure accountability and transparency in the tax system.
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    The Dynamic Impacts of Idle Cash on Economic Growth in Nigeria (1985 – 2018)
    (Empirical Economic Review, 2019) Musa Abdullahi Sakanko; Abubakar Ijoko; Inuwa Yaqoub Mohammed
    The study investigated the dynamic effect of idle cash on economic growth in Nigeria from 1985 to 2018 employing a mixed methodology. The qualitative result revealed that political affluence, social status, treasury single account, asset declaration, biometric verification number, whistle-blower programme, and the empowering operation of economic and financial crime commission for anti-corruption crusade determine idle cash in Nigeria. On the other hand, the quantitative result revealed that idle cash has an inverse effect on economic growth in the short run. However, the long run result revealed a positive, and statistically significant effect on the economic growth, and it was found that idle cash Granger causes economic growth. We recommend that the government should provide a policy regulation framework that will regulate, track and checkmate the superfluousnes of idle cash