Int. J. of Banking, Accounting and Finance   »   2010 Vol.2, No.3



Title: Environmental degradation problems caused by human activities in Nigeria: enforced (taxation) versus voluntary (social responsibility) solution


Author: Abubakar Sadiq Kasum


Address: Department of Accounting and Finance, University of Ilorin, P.M.B. 1515, Ilorin, 2400003, Nigeria


Abstract: The result of some activities leaves the ecosystem worse-off comparatively. Most of such activities come through the release of waste as well as the extraction of environmental resources. Although benefits may accrue to some immediately, the consequences outweigh the benefits and those who benefit from environmental degradation, usually ignore these problems. This study evaluates the current method of handling environmental degradation problems and examines the possibility of using taxation or social responsibility in tackling the problems. Perception and observation of stakeholders on the data collected were analysed using mean and standard deviation, which were also tested using 'Z scores' statistics. The study reveals stakeholders' support for a change in the current system and imposition of tax for degradation problems. Consequently, the introduction of a special tax for organisations that cause damages to the ecosystem was recommended, among others.


Keywords: environmental degradation; human activities; taxation; social responsibility; Nigeria; environmental pollution; environmental damage; ecosystems.


DOI: 10.1504/IJBAAF.2010.033499


Int. J. of Banking, Accounting and Finance, 2010 Vol.2, No.3, pp.236 - 250


Available online: 02 Jun 2010



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