{"id":3478,"date":"2022-10-15T16:51:35","date_gmt":"2022-10-15T16:51:35","guid":{"rendered":"https:\/\/ejfms.deqepub.org\/?post_type=journal_article&p=3478"},"modified":"2022-10-15T16:51:35","modified_gmt":"2022-10-15T16:51:35","slug":"finance-act-reforms-and-profitability-of-firms-in-nigeria-petroleum-sector","status":"publish","type":"journal_article","link":"https:\/\/deqepub.org\/ejfms\/journal_article\/finance-act-reforms-and-profitability-of-firms-in-nigeria-petroleum-sector\/","title":{"rendered":"Finance Act Reforms and Profitability of Firms in Nigeria Petroleum Sector"},"content":{"rendered":"

ABSTRACT<\/strong><\/p>\n

The review inspected finance Act reforms and the profitability of firms in Nigeria\u2019s petroleum area. The particular goals were to; assess the impact of Petroleum Profit Tax change on profit for the extended time of oil and gas firms in Nigeria and inspect the impact of custom and excise duties on profit for the extended period of oil and gas firms in Nigeria. The ex-post plan was embraced for the review. The examination of information was done utilizing an arbitrary board relapse model. It was figured out that petroleum profit tax change meaningfully affects profit for the time of oil and gas firms in Nigeria and custom and excise duties significantly affect profit for the extended period of oil and gas firms in Nigeria. The review suggested that tax experts in Nigeria should guarantee viable and productive execution of petroleum tax change strategy 2020 and that tax specialists should be careful in tax organization to avoid various taxation exacted on imported merchandise in Nigeria.<\/p>\n

Keywords<\/strong>: Finance Act Reforms; Profitability; Nigeria Petroleum Sector<\/p>\n

Authorship:<\/strong> Udeh, A. I., Inyama, O. and Otuedon, A. M. | FULL PDF<\/a><\/p>\n","protected":false},"author":1,"template":"","journal_article_cats":[171],"class_list":["post-3478","journal_article","type-journal_article","status-publish","hentry","journal_article_cat-vol-6-no-3"],"yoast_head":"\nFinance Act Reforms and Profitability of Firms in Nigeria Petroleum Sector - European Journal of Finance and Management Sciences<\/title>\n<meta name=\"description\" content=\"The review inspected finance Act reforms and the profitability of firms in Nigeria\u2019s petroleum area. The particular goals were to; assess the impact of Petroleum Profit Tax change on profit for the extended time of oil and gas firms in Nigeria and inspect the impact of custom and excise duties on profit for the extended period of oil and gas firms in Nigeria. The ex-post plan was embraced for the review. The examination of information was done utilizing an arbitrary board relapse model. It was figured out that petroleum profit tax change meaningfully affects profit for the time of oil and gas firms in Nigeria and custom and excise duties significantly affect profit for the extended period of oil and gas firms in Nigeria. The review suggested that tax experts in Nigeria should guarantee viable and productive execution of petroleum tax change strategy 2020 and that tax specialists should be careful in tax organization to avoid various taxation exacted on imported merchandise in Nigeria.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/deqepub.org\/ejfms\/journal_article\/finance-act-reforms-and-profitability-of-firms-in-nigeria-petroleum-sector\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Finance Act Reforms and Profitability of Firms in Nigeria Petroleum Sector\" \/>\n<meta property=\"og:description\" content=\"The review inspected finance Act reforms and the profitability of firms in Nigeria\u2019s petroleum area. The particular goals were to; assess the impact of Petroleum Profit Tax change on profit for the extended time of oil and gas firms in Nigeria and inspect the impact of custom and excise duties on profit for the extended period of oil and gas firms in Nigeria. The ex-post plan was embraced for the review. The examination of information was done utilizing an arbitrary board relapse model. It was figured out that petroleum profit tax change meaningfully affects profit for the time of oil and gas firms in Nigeria and custom and excise duties significantly affect profit for the extended period of oil and gas firms in Nigeria. The review suggested that tax experts in Nigeria should guarantee viable and productive execution of petroleum tax change strategy 2020 and that tax specialists should be careful in tax organization to avoid various taxation exacted on imported merchandise in Nigeria.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/deqepub.org\/ejfms\/journal_article\/finance-act-reforms-and-profitability-of-firms-in-nigeria-petroleum-sector\/\" \/>\n<meta property=\"og:site_name\" content=\"European Journal of Finance and Management Sciences\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data1\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/deqepub.org\/ejfms\/journal_article\/finance-act-reforms-and-profitability-of-firms-in-nigeria-petroleum-sector\/\",\"url\":\"https:\/\/deqepub.org\/ejfms\/journal_article\/finance-act-reforms-and-profitability-of-firms-in-nigeria-petroleum-sector\/\",\"name\":\"Finance Act Reforms and Profitability of Firms in Nigeria Petroleum Sector - European Journal of Finance and Management Sciences\",\"isPartOf\":{\"@id\":\"https:\/\/deqepub.org\/ejfms\/#website\"},\"datePublished\":\"2022-10-15T16:51:35+00:00\",\"description\":\"The review inspected finance Act reforms and the profitability of firms in Nigeria\u2019s petroleum area. The particular goals were to; assess the impact of Petroleum Profit Tax change on profit for the extended time of oil and gas firms in Nigeria and inspect the impact of custom and excise duties on profit for the extended period of oil and gas firms in Nigeria. The ex-post plan was embraced for the review. The examination of information was done utilizing an arbitrary board relapse model. It was figured out that petroleum profit tax change meaningfully affects profit for the time of oil and gas firms in Nigeria and custom and excise duties significantly affect profit for the extended period of oil and gas firms in Nigeria. 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