In addition, the result showed that value added tax and petroleum profit tax had a 0.934 positive relationship with the total federal collected revenue in Nigeria while partialling out the effects of company income tax and education tax. A reduction in the relationship by 0.023 (0.957-0.934) can again be deduced while maintaining the positive relation. However, the net result still indicated that value added tax had a 0.928 positive relationship with the total federal collected revenue in Nigeria while partialling out the effects of petroleum profit tax, company income tax and education tax leading to a reduction in the relationship by 0.006 (0.934-0.928). The findings shows that value added tax had greater relationship with total federal collected revenue in Nigeria followed by petroleum profit tax, company income tax and education tax.