Home / Accounting / The appraisal of financial control/approaches in nigeria local government system

The appraisal of financial control/approaches in nigeria local government system

 

Table Of Contents


Thesis Abstract

<p> </p><p>This research work is meant to critically appraise the concept of financial control approaches in Nigeria local government system focusing on Enugu State local Government.</p><p>The researcher used both primary and secondary methods of data collected through.</p><p>a. &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; Questionnaire administration</p><p>b. &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;Oral interview and</p><p>c. &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; Personal observation</p><p>Secondary data were collected through</p><p>a. &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; Periodical and journals</p><p>b. &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;Textbooks and lecture notebook</p><p>c. &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; Internet</p><p>The data collected were presented in a table and analyzed with simple percentage.</p> <br><p></p>

Thesis Overview

<p> </p><p><strong>INTRODUCTION</strong></p><p><strong>1.1 &nbsp; &nbsp; &nbsp;</strong><strong>BACKGROUND OF THE STUDY</strong></p><p>Nigeria local government system is as old as Nigeria creation. Even before the arrivals of the British to Nigeria and introduction of modern system of local government, the traditional system of local government exists. However, with traditional system of governance, which was administered by local people, the issue of financial control more often than not generates problem between the operator and the governed and a times between the operators themselves.</p><p>During the colonial rule the British divided Nigeria into regions, districts and division. The districts were then like what we call today local government areas. While the central government controls the entire country, it gave the subordinate unit some degree of independence in the control of its affairs and provision of certain amenities in the local areas.</p><p>Prior to the lunching of the 1976 local government reforms, all regional (states) government without acceptors created, modified and manipulated local government &nbsp;system and institutions as considered expenditure. The practice was not suitable and these brought about for a uniform local government &nbsp; system. It is on these grounds that a new local government &nbsp; system popularly called “1976 local government &nbsp; reforms” metamorphosed.</p><p>Ugwu, (1991: 11) states that is therefore the quest for effectiveness, good functioning and reliability of our local government &nbsp; system that brought about this decentralization of the power of the federal government by the 1976 local government &nbsp; reforms.</p><p>According to paragraph seven of the 1976 local government &nbsp; reforms, the term tier if design as a set of local government &nbsp; with their own identity powers and source of revenue established under state legislation and with the function for which they have been responsible to the state.</p><p>The guide line equal articulated the following objectives of the new local government &nbsp; reforms.</p><p>1) &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;To enable the people to service and activities in their communities through their representative bodies</p><p>2) &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;To mobilize human and material resources through the involvement and participation of the people in the programme for the development of their communities.</p><p>3) &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;To create favourable condition for democratic development initiative and qualities among the people.</p><p>4) &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;To enhance the sense of belonging and security through the effective communities and between the local government &nbsp; communication and the three levels of government in Nigeria.</p><p>5) &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;To provide a two way channel of communication between local communities and government (both state and federal(</p><p>6) &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;To bring government nearer to the people and guarantee reasonably, adequate functions, financed resources and staff for local government.</p><p>It is important to state that despite the various reforms that were equally other structural led to the creation of local government &nbsp; in Nigeria from 229 in 1977 to 301 in 1987.</p><p>In 1989 we had 589 and presently we have 774 local government &nbsp; areas in Nigeria. Enugu south local government &nbsp; areas which we used as a case study was created in 1991 by the general Ibrahim Badamosi Babangida led administration it is therefore, necessary to state despite all the guidelines structural and management and managerial reforms, all the financial control approaches in the local government &nbsp; system have not achieved.</p> <br><p></p>

Blazingprojects Mobile App

📚 Over 50,000 Project Materials
📱 100% Offline: No internet needed
📝 Over 98 Departments
🔍 Project Journal Publishing
🎓 Undergraduate/Postgraduate
📥 Instant Whatsapp/Email Delivery

Blazingprojects App

Related Research

Accounting. 3 min read

Analysis of the Impact of International Financial Reporting Standards (IFRS) on Fina...

...

BP
Blazingprojects
Read more →
Accounting. 4 min read

Analyzing the Impact of Artificial Intelligence on Financial Reporting in the Accoun...

...

BP
Blazingprojects
Read more →
Accounting. 4 min read

Analyzing the Impact of Artificial Intelligence on Financial Statement Analysis in A...

...

BP
Blazingprojects
Read more →
Accounting. 4 min read

Analyzing the Impact of Blockchain Technology on Financial Reporting in the Accounti...

...

BP
Blazingprojects
Read more →
Accounting. 4 min read

Analysis of the Impact of Artificial Intelligence on Financial Reporting in Accounti...

...

BP
Blazingprojects
Read more →
Accounting. 2 min read

Exploring the impact of digital transformation on financial reporting in the account...

...

BP
Blazingprojects
Read more →
Accounting. 2 min read

An analysis of the impact of digital technologies on financial reporting practices i...

...

BP
Blazingprojects
Read more →
Accounting. 4 min read

Analysis of Financial Performance of Small and Medium Enterprises in the Retail Sect...

...

BP
Blazingprojects
Read more →
Accounting. 4 min read

Application of Artificial Intelligence in Fraud Detection in Accounting...

...

BP
Blazingprojects
Read more →
WhatsApp Click here to chat with us