The greatest proportion of government revenue in Nigeria comes from?
Answer Details
The greatest proportion of government revenue in Nigeria comes from custom duties and excise duties. Custom duties are taxes imposed on imported goods, while excise duties are taxes imposed on locally produced goods. These taxes generate revenue for the government and help to protect local industries. Income taxes on individuals and businesses, export of raw materials, and loans and grants from industrially advanced countries are also sources of government revenue, but they do not contribute as significantly as custom duties and excise duties.