REVENUE GENERATION AND UTILIZATION IN THE LOCAL GOVERNMENT SYSTEM: PROBLEM AND PROSPECTS

  • Type: Project
  • Department: Public Administration
  • Project ID: PUB0226
  • Access Fee: ₦5,000 ($14)
  • Chapters: 5 Chapters
  • Pages: 50 Pages
  • Format: Microsoft Word
  • Views: 1K
  • Report This work

For more Info, call us on
+234 8130 686 500
or
+234 8093 423 853

ABSTRACT

This paper tends to examine the effectiveness of revenue generation and utilization in the local government system, the works is designed to address the issue on the problems and prospects of revenue generation and utilization in Owerri municipal since, the importance of revenue cannot be over emphasized in every aspect of life, it serve as a life wire of every business, which helps the organization to attain its goals for the purpose of clarity, this write up is divided into five chapters. In carrying out this study the researcher distributed questionnaire interviewing some responsible officials. Also hypothesis were formulated and tested using percentage and table analysis from the analysis of finding and test of hypothesis, the researcher made the following major recommendations were made. (1) the inadequate logistics and its problems to Owerri municipal council (2) the need for planning, budgeting and auditing in order to improve revenue generation in Owerri municipal council (3) the need for training and developments of workers in oweiri municipal. (4) the validity of communication system in Owerri municipal council.

CHAPTER ONE

1.0INTRODCUTION.

The revenue generation and utilization in any local government can hardly be overemphasized. The organization more specially local government is known to have attained or sustained high level of economic growth and development without amply supply of funds and utilization of the establishment people of the locally are use to manage their affairs and achieved the set goals of the council. The above statement explain that local government system are established and expected to perform as well as  carryout specific responsibility in improving  the living standard of their local dwellers.

1.1BACKGROUND OF THE STUDY

Revenue has been considered as a significant issue in the economic development of any nation. It’s importance cannot be over emphasized, be it the federal, state or local government. It serves as a life wire of every business which helps the organization to attain its goals. Revenue is of great importance to national planning and development.

The origin of revenue generation and utilization in the local government started with local government reform of (1976) constitution where local government as established to create impact in the generation of revenue for the development of people in the local government area. This (1976) constitution gave the rural people a sense of belonging in the allocation of “national cake,” since Nigeria constitution provides local government authorities with unique opportunities and challenges to achieve self generation of income for economic growth and development Akpan (1985: 43)

Again, the “1985” Nigeria constitution equally provide that local government authorities should benefits from the federal state government revenue to have these supplemented with their self generation revenue. All the efforts are aimed at making local government viable and self reliant.

These are a total of seven hundred and seventy four (774) local government councils in Nigeria including Imo State which has twenty seven (27) local government councils.

These local government areas are trying to generation enough fund to sustain themselves financially in these covers, these are many hindrance on the way to their success ranging from instability and poor condition of the economy, poorly conflicted road for revenue collection, uncooperative attitude of payee, insufficient industrial units, inadequate supply of social amenities etc. these problems standing against revenue generation government including Owerri municipal as a case study.

These problems have stimulated the researcher to move into a great mission through research in order in set up strategies to achieve these goals.

Poor revenue generation will no doubt prevent the council from rendering good services to the public. The researcher work is therefore set to examine the prospect and problems encountered in revenue generation in Owerri municipal and proper solution.

1.2STATEMENT OF PROBLEMS

It can be observed that revenue generation is an achieve that needs skilled and experienced head in the since that it deals with several dependent and intendment various such as time, energy and labour. Again due to problem of the limited research of the people to satisfy their living very very well; revenue generation becomes difficult.

These problems includes insufficient industrial unit, poorly consisted road for revenue collection, micro- operative attitude of payee, inadequate

1.4 RESEARCH QUESTION.

1. What impact has revenue generation and utilization in local government system?

2. Inadequate revenue generation in local government system does it affect the council

3. Is improper revenue generation reflects on the productivity in the local government. Supply of social amenities etc.

Therefore, this research work is design to investigate the various problems associated with revenue in the local government under study and proffer possible solution for efficient generation of revenue in Owerri Municipal.

1.3 OBJECTIVES OF THE STUDY

Based on the above, the study is designed to outline the following.

1.           To x-ray some of the problems militarily against revenue generation in Owerri municipal.

2.           To see if increase in revenue generation will aid quality income distribution in Owerri municipal.

3.           To find out if adequately generation revenue will promote economic growth and development of the area.

1.4 RESEARCH QUESTION

The study shames through revenue generation in Owerri municipal. Information was based on both primary and secondary data from board of internal revenue department, ministry of financial budgeting and economic planning department. Other loans without Owerri municipals were also covered in order to obtain sufficient information concerning the research work, more especially the revenue collector without this area.

1.7 LIMTATION OF THE STUDY

Within the period of this work, a lot of hunches where encountered, more especially the revenue collectors within the concern.

It is necessary to highlight in the course of carrying out the research they include. Financial contract.

Tine contract

Nonchalant alluded of revenue officers.

1.5 SIGNIFANCE OF STUDY

This research work is of paramount importance Owerri municipal authority and other similar local government areas because of the role of financial the organization and institutions.

The work will help to advice the researcher knowledge and enable him contributes in finding solution to the problem for which the research is based. The work will also enable to determine the possible course of failure in revenue generation and hereby guiding the government on the steps to take in solving them it will also be of immense benefit to the local government if it takes the findings and recommendations of this research into consideration when making polices and decision concerning revenue generation. This work will be a reference document or further research.

Finally, the research will contribute to the stock of knowledge and stimulate further research into the student matter by students and lecture in the family of and management sciences.  

1.9DEFINITION OF TERMS

Good research either demands that terms should be defined in right sense where they are used to remove any ambiguous measuring in pursuant of this relief; the following terms are defined as they are used in the study.

Revenue: This is defined as an income of the local government defined from taxes and other sources.

Taxation: This is defined as a compulsory payment made by individual, corporate bodies or institutions to government at institutions to government at internal for its substance.

Internal revenue: Those revenue generations with in the local government in a given, period.

External revenue: Are that revenue generate in a given e.g statutory, allocation from the federation account.

Personal income tax: This is tax which is imposed on individual’s wages, salaries and other earning it is usually progressive. It is also sum total of compulsory payment to government by citizens of certain percentage usually a year.

Statutory allocation: This is the mechanism for the country financial resources among the different tiers of government in the federation with the overall objectives of enhancing economic growth and development, minizing inter- government tension and promoting national unity Nworji (2004: 120).



REVENUE GENERATION AND UTILIZATION IN THE LOCAL GOVERNMENT SYSTEM: PROBLEM AND PROSPECTS
For more Info, call us on
+234 8130 686 500
or
+234 8093 423 853

Share This
  • Type: Project
  • Department: Public Administration
  • Project ID: PUB0226
  • Access Fee: ₦5,000 ($14)
  • Chapters: 5 Chapters
  • Pages: 50 Pages
  • Format: Microsoft Word
  • Views: 1K
Payment Instruction
Bank payment for Nigerians, Make a payment of ₦ 5,000 to

Bank GTBANK
gtbank
Account Name Obiaks Business Venture
Account Number 0211074565

Bitcoin: Make a payment of 0.0005 to

Bitcoin(Btc)

btc wallet
Copy to clipboard Copy text

500
Leave a comment...

    Details

    Type Project
    Department Public Administration
    Project ID PUB0226
    Fee ₦5,000 ($14)
    Chapters 5 Chapters
    No of Pages 50 Pages
    Format Microsoft Word

    Related Works

    ABSTRACT This paper tends to examine the effectiveness of revenue generation and utilization in the local government system, the works is designed to address the issue on the problems and prospects of revenue generation and utilization in Owerri municipal since, the importance of revenue cannot be over emphasized in every aspect of life, it serve... Continue Reading
    Abstract Local governments in Nigeria are faced with many difficulties in generating adequate finance to perform their constitutional responsibilities; such problems are a cog in the wheel to the smooth running of local government administration. These challenges include dishonesty on the part of officer collecting the revenues such as cases... Continue Reading
    (A CASE STUDY OF UMUAHIA NORTH LOCAL GOVERNMENT) ABSTRACT Revenue generation is the nucleus and the path to modern development. Thus, the study was to assess the revenue generation and utilization of Local Government Areas. This is because local government as the third tier of government... Continue Reading
     (A CASE STUDY OF UMUAHIA NORTH LOCAL GOVERNMENT) ABSTRACT Revenue generation is the nucleus and the path to modern development. Thus, the study was to assess the revenue generation and utilization of Local Government Areas. This is because local government as the third tier of... Continue Reading
    CHAPTER ONE BACKGROUND OF THE STUDY 1.0     Introduction Nigeria has three tiers of government systems, these are; (1) the federal government (2) the state government (3) the local government. These essences of this division of government into the federal, state and local level is to enable the government exercise her administration easily and... Continue Reading
    ABSTRACT The adverse situation in the various local government areas of Nigeria has led the researcher to go into this very topic. Hence, the purpose of this work is to enlighten people, mostly students in the school of financial studies on how revenue is generated in local governments, problems confronting them as regards revenue generation as... Continue Reading
    ABSTRACT The adverse situation in the various local government areas of Nigeria has led the researcher to go into this very topic. Hence, the purpose of this work is to enlighten people, mostly students in the school of financial studies on how revenue is generated in local... Continue Reading
    ABSTRACT The adverse situation in the various local government areas of Nigeria has led the researcher to go into this very topic. Hence, the purpose of this work is to enlighten people, mostly students in the school of financial studies on how revenue is generated in local governments, problems confronting them as regards revenue generation as... Continue Reading
    ABSTRACT The adverse situation in the various local government areas of Nigeria has led the researcher to go into this very topic. Hence, the purpose of this work is to enlighten people, mostly students in the school of financial studies on how revenue is generated in local... Continue Reading
    THE PROBLEMS ASSOCIATED WITH LOAN RECOVERY IN NIGERIA COMMERCIAL BANKS ABSTRACT Chapter one portals the problems associated with the Nigeria commercial banks why serves as the introduction of the problems associated with loan recovery and it also gives the historical development of commercial banks in Nigeria. Chapter two, lays emphasis on the... Continue Reading
    Call Us
    Get this work
    whatsappWhatsApp Us