Taxation and Sustainable Development in Nigeria

Abstract

This paper examines the twin Concept of Sustainable Development and Efficient Tax Regimes. The nexus and interplay of Taxation Sustainability and Development study the social determinants whom the tax regime serve for sustainable development. The writer looks at the issue of multiplier effects and economic growth of taxation policy through the prism of jobs creation, sustainable development, underdevelopment, negative trends, poverty and challenges responses to taxation justice, and the need for fiscal policy redirection in Nigeria. It further examines how plausible is taxation to achieve sustainable development? How to integrate the sustainable development strategy with effective and efficient taxation? How to monitor results of the sustainable development strategy with taxation through coordinated approach strategies, what can sustain sustainable development? This work will examine and assess the recent attempts to achieve sustainable taxation system of the new administration law assented and passed into law by the President on the 26th June, 2025. The paper will conclude that sustainable development transformed growth and quality of life but can taxation regime bring this into reality in view of endemic corruption, poverty, underdevelopment and lack of accountability and transparency in democratic governance in Nigeria?