REVENUE GENERATION AND EXPENDITURE SYSTEM IN LOCAL GOVERNMENTS IN ABIA STATE: CHALLENGES AND PROSPECTS

ABSTRACT

The topic of this project is on RevenueGenerationand ExpenditureSystem in Local Governmentin Abia State: Challenges and Prospects. The study also examined that the problems and challenges of local governments  of  Abia  State  in  their revenue generation  and expenditure system is  the shortage of  well-trained, qualified and competent personnel Such personnel which supposed to serve as a tool for collection of taxes and rates at the local governments are nottemployed in the system due to theirpoor sala,y scale. Thereare noprofessionals in the local government system who would car,y and conduct  economic planning;  and worst stilt   local  governments finances are being controlledby state governors. The population of this  study is hundred people from AruchukwuLocal Government Council while the samplesize for the study is BO.  The instruments used in collecting the data are the questionnaireand oval interview. Hypotheses were formulated and tested with chi-square statistical technique. The findings in in this study revealedthat the use of appropriate machine,y in  the  collection of  revenue will  greatly increase the revenue accruingto the local governments. Besides the inability of local governments to attract and retain quality manpower may affect its operation

Table of Contents

Title Page

Certification                                                                        II Dedication                                                                           iii Acknowledgement                                                               iv Abstract                                                                               v

CHAPTER ONE

INTRODUCTION

1.1    Background of the Study                                                    1 

1.1.1 Profile of Arochukwu LocalGovernment Area                     

1.2 Statement of the Problem

1.3 Objectives of the Study

1.4 Research Questions

1.5 Research Hypothesis

1.6 Significance of the Study

1.7 Scope and Limitations of the Study

CHAPTER  TWO

REVIEW  OF RELATED  LITERATURE

2.1    Nature of Local  Government

2.2    Purpose for the establishment  of Local Governments

2.2.1    bringing government nearer to the people

2.2.2 Encouraging Even and Rapid Development

2.2.3   Collecting Revenue

2.2.4 political  leadership training

2.2.5 Reducing the Workload of the Centre

2.3    Source of Revenue  for Local Government

2.4   The Need for Local Government

2.5    Local Government Structure

2.5.1  The Legislative Arm

2.5.2   The Executive Arm

2.6      Financial Autonomy

2.7    Final Accounts of Local Government

2.7.1 Supporting Scheduling

2.8     Government Accounting

2.8.1   Definition of Public Sector Accounting

2.8.2   Objectives  of Public   Sector Accounting                                      20

2.8.3  Purpose of Government  Accounting                                        23

2.9      Local Government  Revenueand  Expenditure                          26

2.9.1   Statutory Allocation                                                                  27

2.9.2   The inflows into  the federation   account                              28

2.10  Expenditure  Estimates                                                        33

2.10.1           Recurrent  Expenditure                                                33 

2.10.2           Capital   Expenditure                                                     34

2.11  Challenges and Prospects                                                                 35

2.11.1         Challenges                                                                         35

 2.11.2          Prospects of Local Governments'   Revenue                   38

 Generations  and Expenditures.

CHAPTER THREE

Research  Methodology

3.1 Research  Design

3.2 Area of the Study

3.3 Population   of the Study 

3.4 Sample and Sampling  Technique

3.5 Method of Data  Collection

3.5.1  Primary    Sources  of Data                                                         42

3.5.2 Secondary Souurces oaf Data                                                4

3.6     Data  Analysis    Techniques                                                             43

CHAPTER FOUR

DATA PRESENTATION,   ANALYSIS  AND INTERPRETATION

4.0 Research  Questions   Analysis

4.1 Testing  of Hypotheses

4.2 Discussion   of Findings.

CHAPTER FIVE

SUMMARY  OF FINDINGS CONCLUSIONS   AND RECOMMENDATION

4.0 Summary  of Findings

4.1 Conclusion

4.2 Recommendations

References

Questionnaires

Chi-square   Table