Academy of Strategic Management Journal (Print ISSN: 1544-1458; Online ISSN: 1939-6104)


Implication of Covid-19 Pandemic on Taxation in Nigeria

Author(s): Cordelia Onyinyechi Omodero, Dorcas Titilayo Adetula, Benjamin Ighodalo Ehikioya, Obiamaka Nwobu, Kingsley Adeyemo, Folashade Owolabi

This paper takes into consideration the variations in the Nigerian tax system as occasioned by the COVID-19 pandemic. COVID-19 is a pandemic that has caused a global financial crisis; as a result, all nations’ economies and fiscal system are forced to respond to the changes either adversely or favourably. Thus, Nigeria is not an exemption; hence this study tries to evaluate the nature of the tax responses to the present economic situation by highlighting the affected areas in the tax structure. The negative and positive implications of the improvement on the tax system in Nigeria are mentioned, especially as they would change the government, taxpayers and the entire economic structure of the country. Thus, this study recommends proper implementation and monitoring by the relevant authority to achieve the intended objective of the tax reliefs and exemptions allowed by the administration to support the smooth running of the organizations in the country.

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