TAXATION ON FOREIGN DIRECT INVESTMENT IN NIGERIA
Abstract
This study investigates the effect of taxation on foreign direct investment (FDI) in Nigeria, using Kano State Investment and Property Limited as a case study for 2024. A descriptive survey design was adopted, and data were collected through structured questionnaires administered to 222 respondents, with 210 valid responses analyzed. The findings reveal that high tax rates, multiple taxation, poor tax administration, and inconsistent tax policies significantly discourage foreign investors. Additionally, inadequate tax incentives and lack of transparency create uncertainty in the investment environment. The study concludes that Nigeria’s tax system requires reforms to enhance its attractiveness to foreign investors. It recommends improved tax administration, provision of infrastructure, and formulation of stable and investor-friendly tax policies.
Full-Text Access Notice
In accordance with the NERD Policy on promoting peer-reviewed publication, public access to the full text of a project, thesis or dissertation is restricted for three years, allowing the author and supervisors sufficient time to pursue peer-reviewed publication.
During this period, researchers with legitimate academic or research purposes may request authorisation directly from the author to enable NERD to release the indexed full texts of the work using the form below.