Funding Of Federal Parastatals

 (A CASE STUDY OF FEDERAL RADIO COOPERATION OF NIGERIA IN ENUGU STATE)  CHAPTER ONE INTRODUCTION Tax policy among other being the basic objective of the encouraging capital formation for economic development. Income that would otherwise be spent on non-essential is usually taxed out of their holder to mobilize enough savings to finance needed investment both in the manufacturing and social overhead capital. However, in thud capital formation, sole development of the economy lies in the conflict between the need for high rate to raise enough capital for the government owned …