Abstract
Government at all levels are established
to provide inclusive goods and services to their inhabitants, such as defence,
pipe born water, electricity, construction of roads, bridges, and drainages,
establishing schools and health care centres, and this consequently requires
revenue generation. However, revenue generation in Nigeria was hindered by some
obstacles, among was corruption and this corruption is mostly occurred as a
result of lack of transparency in the conduct of government business (revenue
generation), this has negatively affected the actual amount that the federal
government coffer should receive as income.
The objective of the study is to assess the effect of transparency on
revenue generation capacity of Federal Inland Revenue Service (FIRS) in
Nigeria. The study employed sequential mixed methods as a research design. The
quantitative data is drawn from the use of questionnaire administered to the
respondents and analyzed using figures, frequency counts and percentages, while
the qualitative was drawn from the interview conducted. Secondary data were
also generated and analysed, such as tax statistics/report from planning,
research and statistics department of FIRS, National Tax Policy, FIRS
Establishment Act among others. The study has a total population of 11, 956,
sample size of 370 was drawn using Krecie and Morgan table size was. Regression
analysis was used to test the hypotheses formulated using Statistical Package
for Social Sciences (SPSS) version 23. Open innovation theory was used to
underpin the research. The study found
that transparency has a significant effect on the revenue generation capacity
of Federal Inland Revenue Service (FIRS). Therefore, this study recommended
that FIRS should continue to maintain transparency in its operations and use it
as a tool to build stronger relationships with taxpayers, stakeholders and
general public, and this will reduce the risk of negative consequences such as
legal or ethical violations. In addition, the FIRS should provide on it portal
a column or space containing list of
taxpayers and their records for the revenue year and it should be
updated regularly, and properly maintained for future use.
Key words Transparency, Revenue, Non-Tax Revenue, Revenue Generation Capacity
author/Yahaya Saadu, Prof. Haruna Yerima & Dr. Idris A. Jamo
journal/FUJPAM Vol. 2, No. 1
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