Project Topic:

PROBLEMS AND PROSPECTS OF LOCAL GOVERNMENT FINANCE IN NIGERIA (A COMPARATIVE CASE STUDY OF ENUGU NORTH AND ENUGU SOUTH LOCAL GOVERNMENT AREA)

Project Information:

 Format: MS WORD ::   Chapters: 1 - 5 ::   Pages: 65 ::   Attributes: Questionnaire, Data Analysis,Abstract  ::   1,593 people found this useful

Project Department:

ACCOUNTING UNDERGRADUATE PROJECT TOPICS, RESEARCH WORKS AND MATERIALS

Project Body:

CHAPTER ONE

1.0            INTRODUCTION

A local government is the third tier of government in Nigeria.  Like any level of government, it has administrative structure, statutory assigned functions, social commitment and financial arrangement necessary for it to maintain itself and perform its statutory function to its citizens.

Local Government Authority in Nigeria was legally recognized for the first time, as the third tier of level of government by the 1979.  Constitution of the Federal Republic of Nigeria; section 7 (1) and decree N0. 12, the constitution of the Federal Republic of Nigeria, 1989 that spells its functions.  Since 1979, there has been a tremendous growth in local government expenditure in line with greater emphasis on grassroots participation.  For instance, in 1992 while complete political, administrative and financial autonomy was granted to the local government from state control, its responsibility was enlarged.  In addition to the functions assigned to it by the constitution the local government is now (with effect from 1992) directly responsible for primary and adult education, primary health care and rural water supply.  Faced with these increased responsibilities and the enormous expenditure associated with them, it is pertinent that the local government expands its sources of revenue beyond the present level.

An action in this direction is necessary, as it would enable the local government to discharge its current functions and bring socio-economic development to the local populace.

Before now, the local government relied heavily on grants from the state and federal government relied heavily on grants from the federation account 20% in addition to a percentage of the internally generated funds of the state.

Before now the amount granted by the local government was very small.  In the face of the complete independence now enjoyed by the local government.  It is statutory required that it relies more on funds generated internally for the performance of its functions.

This being the case, government grants and statutory allocations are only supplementary sources of revenue to the local governments.  For the local government to be self-sustaining financially, without reducing the level and quality of its services to the people, it is important that it reaches out for potential internal revenue sources which would supplement existing ones.  

Get the complete project »


Instant Share On Social Media:


Can't find what you are looking for?
Call (+234) 07030248044.

OTHER SIMILAR ACCOUNTING PROJECTS AND 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  ::   27970 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  ::   25988 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  ::   12654 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  ::   17788 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  ::   16352 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  ::   10319 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 looking for today?

WHAT OUR CUSTOMERS ARE SAYING:
  • 1. Victor from Unilorin said "Tested and trusted ".
    Rating: Very Good
  • 2. Haruna Usman Lame from Abubakar Tafawa Balewa University Bauchi said "I really enjoyed using this website am so grateful ".
    Rating: Excellent
  • 3. Bagu Manjing Dakan from polytecnic barkin ladi said "the use of information and communication technology in teaching of vocational subjects in plateau state polytecnic ".
    Rating: Excellent
  • 4. Ekeh Miracle from kaduna state University said "Toopnotch delivery from this crew I highly recommend everyyone to patronise them".
    Rating: Very Good
  • 5. Joseph from feck said "Bravo".
    Rating: Excellent
  • 6. JACOB from NASARAWA STATE UNIVERSITY, KEFFI said "I had a wonderful experience using ProjectClue, they delivered not only on time, but the content had good qualty. I recommend ProjectClue for any project research work.".
    Rating: Excellent