Mlotshwa N, Ramaoka S.I, Motlhaka HA 6856 Turkish Online Journal of Qualitative Inquiry (TOJQI) Volume 12, Issue 9 August, 2021: 6856 – 6879 Research Article Internally Generated Revenue, Corruption, Governance And Economic Growth In Nigeria Samuel O. Dada a ; Olusola O. Okedina b ; Yimka S. A. Alalade c , Apollos N. Nwaobia d a,b,d Department of Accounting, School of Management Sciences, Babcock University, Ilishan Remo, Ogun State, Nigeria c Department of Finance, School of Management Sciences, Babcock University, Ilishan Remo, Ogun State, Nigeria Email: a dadas@babcock.edu.ng, b alphookedina@gmail.com, c alalades@babcock.edu.ng, d nwaobiaa@babcock.edu.ng Abstract Economic growth of Nigeria has been acclaimed to be affected by the inability to raise enough internally generated revenue to provide economic growth stimulus. Studies have shown that economic growth can be stimulated by internally generated revenue, corruption and governance. Ex post facto research design was adopted using Nigerian economy while internally generated revenue, corruption, governance and economic growth were modeled using Autoregressive Distributive Lag Model (ARDL). The study found that IGR, CPI and GI jointly had positive and significant effect on economic growth. It recommended that government should establish policies that will drive internally generated revenue, reduce corruption and enhance governance to attain economic growth. Keywords: Corruption, Economic Growth, Governance, Internally Generated Revenue Introduction Nations earn revenue from foreign activities carried out by her government in form of external or foreign trade or from domestic activities referred to as internally generated revenue. Externally generated revenue is subjected to foreign exchange risks and volatilities in the international market occasioned by varying policies and divergent interest of various nationals involved in the trade on one hand and market competition on the other hand. With this instability associated with external revenues earnings, to plan for economic growth and sustainable development becomes relatively difficult with the use of revenue generated externally (Asimiyu & Kizito, 2014). To achieve stable economic growth and development, several countries now focus on their internally generated revenue sources to which they have relative control over (Ukwame, 2015).