https://journals.ukim.mk/index.php/ebd <p><em><strong>Economy, Business &amp; Development (EB&amp;D)</strong></em> journal seeks to promote an understanding of the phenomena of development from a combined business and economy perspective. The journal consciously endeavours to combine scholarly perspectives relevant to academic research and policy issues relating to development. In this connection, we use the term development broadly - to include scholarship drawing on business and economic perspective in the context of developed and developing countries on a micro or macro level. We are also accepting research articles that focuses on one country, but provide a generalisation that can be used in similar empirical context. We welcome in-depth studies that are used to validate or extend existing theories and models.</p> en-US ebd@eccf.ukim.edu.mk (SANTA, Mijalche) ebd@eccf.ukim.edu.mk (EBD office) Sat, 01 Mar 2025 00:00:00 +0100 OJS 3.1.2.1 http://blogs.law.harvard.edu/tech/rss 60 https://journals.ukim.mk/index.php/ebd/article/view/2661 <p>Tax revenue generation is crucial for economic management and development in both developed and developing countries, as it supports public services, infrastructure, and social programs, thus fostering sustainable development and economic stability. This study aims to investigate the effect of tax compliance strategies on tax revenue generation in Nigeria, assessing the effectiveness of different approaches in closing the tax gap and boosting government revenue. This study used a survey research design to explore relationships between variables without manipulation, providing valuable insights into their connections. Primary data were collected through a structured questionnaire from 3,784 tax officials at the Federal Inland Revenue Service (FIRS) in the southwest states of Nigeria, considered knowledgeable about the subject as of December 31, 2023. The questionnaire employed a five-point Likert scale (Strongly Agree to Strongly Disagree) to gather responses. The reliability and validity of the instrument were assessed using both statistical methods, like Cronbach's Alpha, and non-statistical methods. Data analysis involved descriptive statistics (mean, variance, skewness, kurtosis) and inferential statistics (correlation and regression analysis) to summarize and interpret the data. The empirical analysis reveals that both voluntary tax compliance and tax enforcement strategies significantly contribute to increasing tax revenue generation in Nigeria. This study concludes that a combined approach of encouraging voluntary tax compliance and implementing strong enforcement strategies is effective in increasing tax revenue generation in Nigeria. Based on the outcomes of this study, this study recommends that government should invest in comprehensive taxpayer education programs that clearly explain tax laws, the importance of compliance, and the benefits of paying taxes.</p> Mustafa Dakhil, Muyiwa DAGUNDURO, Faraj ABBOOD, Gbenga FALANA Copyright (c) 2025 Economy, Business and Development: An International Journal https://creativecommons.org/licenses/by-nc/4.0/ https://journals.ukim.mk/index.php/ebd/article/view/2661 Sat, 01 Mar 2025 00:00:00 +0100