Journal of Emerging Trends in Economics and Management Sciences: Home

Article Title:
Effect Of Taxation On Environmental Conservation In Nigeria
by Dawodu, O. M., Agbetunde, L. A., Oyegoke, A. A. (Mrs.) and Fadipe, A. O.

Abstract:
Environmental conservation is a serious concern around the world, and emerging countries such as Nigeria have significant hurdles in this area. The study looks into the effect of taxation on environmental conservation, focusing on pollution control, waste management, and natural resource protection. The study used questionnaires for data collecting with stakeholders in taxation and environmental experts as the target population. Due to the population's homogeneity, a sample of 200 respondents was deemed sufficient for inferences. The statistical measures utilized were descriptive and regression statistics. The results established a positive effect of taxation on waste management in Nigeria. Furthermore, the study indicated that taxes had a favorable effect on natural resource protection. These findings demonstrated the usefulness of taxation in promoting waste management and natural resource conservation, but showed no significant effect on pollution control in Nigeria. This means that taxing strategies alone may not be sufficient to handle the issues of pollution management; additional measures may be required. The study concluded that taxes exerted significant effect on environmental conservation in Nigeria, notably in terms of waste management and natural resource preservation in Nigeria. The study recommends that, to effectively address Nigeria's environmental conservation, governments consider establishing comprehensive policies that combine taxes, regulatory measures, and incentives. It also advocated increased enforcement and stakeholder collaboration to create efficient tax instruments.

Keywords: Environmental conservation, Pollution, Natural resources protection, Waste management, Taxation

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