Our Archives

Call 08068929770 or 08122972656 for any enquiries.

Project Topic:

THE MANAGEMENT OF FINANCIAL RESOURCES AND THE PERFORMANCE OF LOCAL GOVERNMENT

Project Information:

 Format: MS WORD ::   Chapters: 1-5 ::   Pages: 98 ::   Attributes: Data Analysis
::   175 people found this useful

Project Body:

ABSTRACT

This study has been able to identify some of the problems arising from the management of Patani, Ndokwa West and Sapele Local Government Council’s resources and performance evaluation. These problems have been the bane of Local Government Councils not living up to expectations of the grassroots. Some of the findings were that, internal revenue was so poor that it could hardly support any meaningful development. The Local Government Councils inadequately tapped the internal sources of revenue. The Local Government Councils relied more on statutory allocation from the Federation Account to fund their obligations. The Local Government Councils spent a greater chunk of their revenue on recurrent than on capital development. Not left out in the findings were the stricter control of the councils by the State Government through the State Local Government Joint Account. The delay in the conduct of elections into the Local Government Councils by the State Government which led to the use of Transition Committee to administer the affairs of councils. Based on the above findings, recommendations were made that the Local Government Councils should put more effort to improve on their internal revenue performance so as to reduce the rate of their dependence on statutory allocation from the Federation Account. The Federal Government should take-off the responsibility of funding of primary education from the shoulder of councils so as to leave them with more fund for capital development. As a Third Tier of Government, the Federal Government should ensure that councils are given financial autonomy and allow them to operate without external control. Also, the Local Government Councils should reduce their spending on recurrent expenditure to enable them have more fund for capital development ventures. The Federal Government should prevail on the State Government to stop the use of Caretaker Transition Committee in place of elected Officers to run the Local Governments so as to prevent fund diversion.

CHAPTER ONE

1.1

1.2 STATEMENT OF THE PROBLEM

The problems militating against the efforts of the local Government Councils in the attainment of an efficient and effective discharge of statutory functions to the Local Communities are enormous.
However, with regards to this, the underlisted statements of problem are considered:

  1. The extent to which the internal sources of revenue are harnessed to boost the Local Government revenue base.
  2. The extent to which funds are committed to capital development in relation to capital receipts.
  3. The resources of the Local Government Councils are meant to be utilized for efficient and effective discharge of statutory obligations. Are these resources well managed to guarantee efficient and effective performance?
  4. The rapid development of rural communities is the sole aim of establishing Local Government. Does the formal structure of the Local Government system affect the level of performance?

1.3     OBJECTIVES OF THE STUDY:
The Local Government Councils are established and assigned with significant roles and responsibilities which they are expected to carry out in response to the developmental demands of the Local Communities under coverage. With the huge amount accruing monthly from the federation account and the 10% of State Governments internally generated revenue to the coffers of the Local Governments, it is expected that the overall essence of having Local Governments in place is met. At this junction, the study of the management of the resources and the performance of the Local Government becomes imperative. Thus, it is this intent that the study examines the following objectives namely:

  1. To ascertain whether there is any relationship between internally generated revenue and budget performance.
  2. To determine the relationship between budgeted and actual expenditure.
  3. To determine whether the flow of statutory allocation is positively related to budgetary performance in the Local Government Level.

On the whole, this study also intends to highlight the prospects and recommendations on how to improve the internal revenue generation capabilities of the Local Government Councils so as to necessitate the attainment of the essence of establishing Local Governments. 
1.4     RESEARCH QUESTIONS:
To aid this study, the undermentioned research questions are considered.
i         Is there any relationship between internally generated revenue and budget performance?
ii.       Is the relationship between budget and actual expenditure statistically significant?
iii.      Is the flow of statutory allocation positively related to Local Government budgetary performance?

.5     RESEARCH HYPOTHESIS:

Project Department:

MORE ACCOUNTING FREE UNDERGRADUATE PROJECT TOPICS AND RESEARCH MATERIALS


Get The Complete Project »

Instantly Share this Project On Social Media:

CLOSELY RELATED ACCOUNTING FREE UNDERGRADUATE PROJECT TOPICS AND RESEARCH MATERIALS

AN APPRAISAL OF THE IMPLICATION OF ELECTRONIC BANKING IN NIGERIA BANKS (A CASE STUDY OF ACCESS BANK)

 Format: MS WORD ::   Chapters: 1-5 ::   Pages: 67 ::   Attributes: Secondary data, Data Analysis,Abstract  ::   634 engagements

CHAPTER TWO REVIEW OF RELATED LITERATURE Electronic banking in Nigeria has overtime been viewed by many especially economists as having a lot of implications on the economy of Nigeria and especially...Continue reading »

A CRITICAL ANALYSIS OF THE USE OF FINANCIAL STATEMENTS IN ASSESSING THE PERFORMANCE OF AN ORGANIZATION (A CASE STUDY OF FIRST BANK NIGERIA)

 Format: MS WORD ::   Chapters: 1-5 ::   Pages: 75 ::   Attributes: Questionnaire, Data Analysis, Abstract  ::   455 engagements

ABSTRACT The study was carried out to analyse how an organization performs making use of the financial statements with First Bank of Nigeria Plc serving as the case study. the study disclosed that th...Continue reading »

AN EVALUATION OF THE PERFORMANCE OF NIGERIAN STOCK EXCHANGE IN THE ECONOMIC DEVELOPMENT OF NIGERIA ( A CASE STUDY OF NIGERIAN STOCK EXCHANGE)

 Format: MS WORD ::   Chapters: 1-5 ::   Pages: 78 ::   Attributes: Questionnaire, Data Analysis,Abstract  ::   302 engagements

HISTORICAL BACKGROUND OF THE NIGERIA STOCK EXCHANGE IN THE ECONOMIC DEVELOPMENT OF NIGERIAN. The nigeria stock excahnge denoted by NSE is a government establishment where stocks are traded on a daill...Continue reading »

APPLICATION OF BUDGETS AND BUDGETARY CONTROL MEASURES IN A NON-PROFIT ORGANIZATION: A CASE STUDY OF APOSTOLIC CHURCH, DELTA

 Format: MS WORD ::   Chapters: 1-5 ::   Pages: 76 ::   Attributes: Questionnaire, Data Analysis,Abstract  ::   315 engagements

2.1 CONCEPTUAL FRAMEWORK A budget is can be defined by accountants as “a planned outcome to be generated and for the expenditure to ensure during that period and the capital to be employed to a...Continue reading »

ASSESSING BOOK-KEEPING PRACTICES OF SMALL AND MEDIUM SCALE ENTERPRISES IN CALABAR LOCAL GOVERNMENT AREA

 Format: MS WORD ::   Chapters: 1-5 ::   Pages: 69 ::   Attributes: Questionnaire, Data Analysis,Abstract  ::   295 engagements

ABSTRACT The economy of Nigeria cannot function properly or thrive without the micro, small and medium scale enterprises (SMEs). These small scale enterprises cannot function properly if they are not ...Continue reading »

ASSESSMENT OF ADEQUATE RISK RECOGNITION AND MANAGEMENT IN NIGERIAN INSURANCE COMPANIES (A CASE STUDY OF UNION ASSURANCE COMPANY, UYO)

 Format: MS WORD ::   Chapters: 1-5 ::   Pages: 86 ::   Attributes: Questionnaire, Data Analysis  ::   264 engagements

THE CONCEPT OF RISK Risk has been the subject of study by different scholars over the years with several meaning and definitions. But the most accepted definitions are that of J.E Banister and P.A Baw...Continue reading »

What are you looking for today?

TESTIMONIALS:

  • 1. Rita Eze from abia state university said "thank you so much for your sincerity; i will tell my friends about you guys.".
    Rating: Very Good
  • 2. JULIET from UNIMAID said "I THANK YOU GUYS FOR BEING HONEST.....I WILL TELL MY FRIENDS ABOUT YOU GUYS. THANKX SO MUCH".
    Rating: Excellent
  • 3. Lilian Terdoo from BSU said "i have nothing to say but thanx for being honest. i appreciate u guys...".
    Rating: Very Good
  • 4. Demien Johnson from UNN said "Uniprojectmaterials is a blessing to researchers. my job was eased up by you guys. your jobs have good quality and was delivered on time to me. Thanks a million times".
    Rating: Very Good
  • 5. Patience from unilag said "i was having difficulties handling my dissertation of 12000 words. until i stumbled on uniprojectmaterials, my work was ready in three days with high quality write up and excellent data analysis, i will tell all my friends about u guys. Mr Donald is a very nice person, he should be in charge of the phone. he attended to me very well. God bless. ".
    Rating: Excellent
  • 6. James Ike from College of Education, Gindiri said "Great delivery. Una dey try wella!!!".
    Rating: Excellent

Paper Information

Format:ms word
Chapter:1-5
Pages:98
Attribute:Data Analysis
Price:₦3,000
Get The Complete Project »

Best Selling Projects

Our Archives