CHAPTER ONE
INTRODUCTION
1.1 Background of the Study
According to Anyafo (2000) revenue May be defined either in a broad or a narrow sense. In the broad sense it includes all “in coming or public receipts”. In the narrow sense only those receipts which are included in the ordinary conception of “public revenue”. The chief elements include in the conception of public receipts but excluded from that of “Public revenue”, are receipts from public borrowings and from the sale of public assets such as war.
Leave a Reply
You must be logged in to post a comment.