First Name: Chisa
Surname: Onyejekwe
Position: Research Student

PhD Thesis Working Title

Overhauling the Nigerian Tax Policy Regime: Does the adoption of regulated tax treaties serve to encourage FDI?


As developed countries face crises in their economies, developing nations are working hard to achieve recognition as new economic giants. The economist Jim O’Neill has identified what he terms the MINT economies (Mexico, Indonesia, Nigeria and Turkey) as a group of developing economies with the resources for huge growth and development. Like her fellow MINT economies, Nigeria has the resources needed for growth including a large young population and an ample market to develop.

However, as a result of widely-reported cases of corruption in Nigeria resulting in bad governance and the inefficient use of resources, foreign investors are wary of conducting business there. This lack of foreign direct investment has led the Nigerian government to become greatly dependent on revenue from its own oil industry.

In order to grow economically and to gain the trust of foreign investors, Nigeria needs to reform all aspects of her economic life through the introduction of well-regulated tax systems backed by legislation.

This research looks at the Nigerian national tax policy objectives and tax treaty regime and the role they can play in developing sustainable economic growth. It examines the deficiencies of the Nigerian tax policy regime and how these have an adverse effect on the economy of Nigeria.

Consequently, the main objective of this study is to provide a reference guide of future best practices that will stand as guide in creating or building a framework for a sustainable tax treaty regime.

Principal Supervisor: William J. Craig