A Comparative Analysis of the Effect of Direct and Indirect Tax on Nigeria's Economy

The study comparatively analyzed the effect of direct and indirect tax on economic growth in Nigeria. The aim of the study is to compare the effect of both taxes in relation to their contribution to the growth of Nigeria’s economy. The researcher employed expost facto design, the sample size was chosen through purposive sample method to be 22 years. The data used were time series collected from CBN annual report and account 2020. The statistical tool applied was ordinary least square multiple regression analysis. The findings at 0.05 level of significance, revealed that both direct and indirect taxes have positive and significant effect on gross domestic product in Nigeria. Based on the findings, it was recommended that government should sustain the tempo of the collection of both direct and indirect taxes because, they are equally important