Title:
Fiscal Tax Revenue and Sustainable Infrastructural Development in Nigeria-aligning With Un Sustainable Development Goals 17 and 9

Authors:
ADEGBIE Folajimi Festus, OLANIYAN Omolola Elizabeth, OLUWAGBADE Oluyinka Isaiah, AWOTOMILUSI Niyi Solomon, Nigeria

Abstract:

Sustainable infrastructure provides environmental protection, enhances growth of an economy and welfare of the society, promotes recovery capacity, and generates employment and open avenues for development opportunities in all the sectors of the economy. Evidence from research indicated poor infrastructural development in Nigeria which hindered societal development, created inequalities among the citizens and entrenched poverty in the economy. Empirical evidence showed that Federal Government of Nigeria had implemented many policies, reforms and strategies to improve the state of infrastructure, however not much attention was given to fiscal tax revenue. This study evaluated the effect of fiscal tax revenue on sustainable infrastructural development in Nigeria. The study adopted ex-post facto research design. The study evaluated the effect of federal fiscal tax revenue on infrastructural development in Nigeria from 2011-2024 using time series. Data were obtained from Central Bank of Nigeria and Federal Inland Revenue Service. Validity and reliability of federal financial statements and data set were premised on statutory audit of the financial statements by the office of the Auditor General of the Federation. Data obtained from Central Bank of Nigeria carried ethical values. Descriptive and inferential (multiple regression) statistics were used to analyze the data at 0.05 level of significance. The results showed that fiscal tax revenue is significantly relevant for sustainable roads and housing (Adj R²=0.8768,F(4,9)=1.612,>0.05); had significant effect on sustainable education (Adj R²=0.8768,F(4,9)=24.15,p < 0.05); had significant effect on sustainable health care (Adj R²=0.8065,F(4,9)=14.55,p < 0.05) in Nigeria. The results also confirmed that fiscal tax revenue had significant effect on sustainable power (Ad R²,0.6725,F (4,9)=7.67,p <0.05) in Nigeria. The study concluded that fiscal tax revenue enhanced sustainable infrastructural development in Nigeria and achieved sustainable goals 17 and 9. The study recommended that Federal Inland Revenue Service (FIRS) should focus more on effectiveness in tax administration and revenue generation accountability. The federal government of Nigeria should focus on tax justice and execute sustainable infrastructural development in Nigeria in order to expand productivity in all the sectors of Nigeria economy for the attainment of Sustainable Development Goals agenda. The government should prioritize sustainable goal policies among the three tiers of government in Nigeria.

DOI: https://doi.org/10.51505/IJEBMR.2025.9711