AN APPRAISAL OF THE BUDGET ALLOCATION AND CONTROL IN NIGERIA LOCAL GOVERNMENT SYSTEM (THE CASE OF LOKOJA LOCAL GOVERNMENT)

AN APPRAISAL OF THE BUDGET ALLOCATION AND CONTROL IN NIGERIA LOCAL GOVERNMENT SYSTEM

(THE CASE OF LOKOJA LOCAL GOVERNMENT)


NUMBERS PAGES: 58        RESEARCH TYPE:-PROJECT         AMOUNT :- ₦2500

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ABSTRACT

Finance is the bedrock of any successful business and public organisation. Budget is therefore, a financial statement of an organisation which is considered vital in the planning process of an organisation to achieve it set goals. Budget also helps to forecast its future. This research work adopted both primary and secondary sources of data collection. Simple percentage and table were used in analyzing the data and inferential statistical chi-square was used in validating the data. Adequate controls are not properly maintained over the expenditure and revenue of the local government. Therefore, considerable measure should be taking to correct the ill challenge the budgetary system in the local government and also during budget allocation and control, the local government should ensure or place adequate consideration on human resources in order to motivate workers for efficient performance of the local government. 

 

TABLE OF CONTENTS

Title Page                                                                                                  i

Approval Page                                                                                         ii

Dedication                                                                                                 iii

Acknowledgement                                                                                   iv

Abstract                                                                                                     v

Table of content                                                                                       vi

CHAPTER ONE

INTRODUCTION

1.1    Background of the study                                                               1

1.2    statement of the problem                                                               2

1.3    Objective of the study                                                                    3

1.4    Significance of the study                                                               4

1.5    Research hypothesis                                                                     5

1.6    Scope of the study                                                                         6

1.7    Limitation and constraints of the study                                         6

1.8    Definition of terms                                                                          7

CHAPTER TWO

                                          LITERATURE REVIEW                                         

2.1    Historical Background of lokoja local government                       14

2.2    Definition of Budget                                                                        15

2.3    Types of Budget                                                                             16

2.4    Budgetary control system in lokoja council                                  18

2.5    Benefit of Budgetary control                                                          19

2.6    Budget committee                                                                          20

2.7    Sources of fund                                                                              21

2.8    Budget process in lokoja local government                                 23

2.9    Budgetary allocation                                                                      24

2.10  Effect of the personnel on budgetary control In lokoja local government

CHAPTER THREE

RESEARCH METHODOLOGY

3.1    Design of the study                                                                        30

3.2    Area of the study                                                                            30

3.3    Population of the study                                                                  31

3.4    Sample of the study                                                                       31

3.5    Method of data collection                                                              31

3.6    Administration and retrieval of instrument                                    33

3.7    Method of data analysis                                                                34

CHAPTER FOUR

DATA PRESENTATION AND ANALYSIS

4.1    Data presentation                                                                           35

4.2    Data analysis                                                                                  35

4.3    Test of hypothesis                                                                          45

4.4    Discussion of findings                                                          50

CHAPTER FIVE

SUMMARY, CONCLUTION AND RECOMMENDATIONS

5.1    Summary of findings                                                                      52

5.2    Recommendations                                                                         53

5.3    Conclusion                                                                                                54

BIBLIOGRAPHY                                               

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