Value Added Tax (vat) And Price Stability In Nigeria

 ABSTRACT    Value Added Tax (VAT) is a consumption tax on the value added to a product in the process of  production. Like all other indirect taxes, it is a tax that targets the final consumer of goods and services.   The main purpose of VAT in Nigeria is to increase government (state and Local) revenue from the non-oil  sector thereby reducing the government’s dependence on oil sales and the budget deficits. In this  research work my aim is to determine the stabilizing roles of VAT in the Nigerian economy. The study  employed multiple regression analysis as a method of study using the ordina…