Hydrocarbon Tax Revenue and Healthcare Delivery in Nigeria

Abstract

The study investigated the association between hydrocarbon tax revenue and healthcare delivery (HCD) in Nigeria. An ex-post facto research design was employed. A purposive sampling technique was used to select annual observations over a 13-year period (2011–2023). Secondary data were obtained from the CBN Statistical Bulletin and analyzed using descriptive statistics and Pearson Product Moment Correlation (PPMC). The correlation analysis revealed a weak negative and statistically insignificant relationship between hydrocarbon tax revenue and healthcare delivery. Based on the findings, the study concludes that hydrocarbon tax revenue did not have a significant association with healthcare delivery in Nigeria during the review period. It is recommended that the Nigerian government strengthens fiscal governance, transparency, and resource allocation mechanisms to ensure that hydrocarbon tax revenues are effectively channeled towards improving healthcare outcomes. The study underscores the importance of addressing systemic inefficiencies in order to realize the full potential of hydrocarbon tax as a tool for healthcare development.

Keywords

• Hydrocarbon Tax Revenue
• Healthcare Delivery

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