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ABSTRACT
Nigerian taxation and infrastructure development are examined in this study. The study used secondary data over 30 years. Data were examined using error correction. Petroleum Profit Tax increases capital spending but is not statistically significant at 5%. Value-Added Tax also boosts capital spending without statistical significance. Companies Income Tax negatively impacts capital spending but not significantly. Personal Income Tax positively and statistically significantly affects capital expenditure, promoting Nigerian infrastructure development. Petroleum profit tax has a beneficial but not substantial effect on capital spending. Customs and excise duty had a negative influence on capital spending, meaning that on average, government tariffs discourage importation and encourage customers to buy local items. Thus, citizens buying local products will raise capital expenditure. On average, company revenue does not drive capital investment, according to the study. Due to tax evasion, avoidance, and official corruption.
