Ijing, Joseph Agida, Grace N. Ofoegbu
This study on an empirical analysis of the contributions of agriculture and value added tax (VAT) revenue on sustainable economic growth in Nigeria was carried out to examine the extent to which revenue generated from this two sources can influence sustainable economic growth in Nigeria. Expost facto research design was adopted for the study and time series data collected from the central bank of Nigeria (CBN) statistical bulletin and Nigeria bereu of statistics (NBS) for the period 1995 to 2018 were used. Ordinary least square (OLS) regression technique was adopted to ascertain the extent to which revenue from agriculture and value added tax (VAT) contribute to sustainable economic growth in Nigeria. The findings of the study show that agriculture revenue contributes significantly to sustainable economic growth in Nigeria. VAT equally show a significant contribution in terms of revenue generated to sustainable economic growth in Nigeria. The researchers then concluded that agriculture and VAT revenue has significant contribution to sustainable economic growth in Nigeria. It was equally concluded that agriculture if given proper attention alongside value added tax, will lead to sustainable economic growth in Nigeria as both impact each other. It was then recommended that government has a role to play for the two source of revenue generation to contribute adequately to sustainable economic growth in Nigeria. Government will need to strengthen the agriculture sector for increase production, and equally prudently manage revenue generated from value added tax and be accountable to the citizens in providing basic amenities and security for continuous existence.