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Internal Control In Government Transport Institution
[A CASE STUDY OF KWARA STATE TRANSPORT ILORIN]
CHAPTER ONE -- [Total Page(s) 2]
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CHAPTER ONE
1.1 INTRODUCTION
This project work center
around the international control system in government institution with a
critical look into the kwara state transport corporation popularly know
as kwara express, established by the kwara state transport corporation
edit No 14 of 198, which earn INTO FORCE ON 11th FEBUARY 1998.
Every day, critism and allegation are being levied on some government
parastatals by the public as being in productive and in efficient
For example there has been many debate as to whether or not the
Nigeria railways should be privatized. Some extremists have gone pace
away demanding and immediate scrapping of the railways.
The
reason for this allegation are not fetched, the operation of the
railways have always argued that the railway was established to provide
essentials transport service to the public and the case of profiteering
is quite secondary and because of that internal control in railways
corporation are very loose.
The researcher has gather that for
many fear now, the Nigeria railways is saddled with it’s poor revenue
returns, a condition that has forced the corporation to rely hearing on
the federal government subventions which at tones come below the
projected estimate hence the suspension of most of the total service of
the corporation to the public and in some instance the delay in payment
of staff salaries government institution can still be efficient in their
service to the public by having a good internal control system. The
system must be monitored by intelligent and honest person coupled with
the will ingress of the management to establish some. Internal system is
know to be the system of control on finance or other wise established
by the management on other to guide the assets of the company. From the
data gathered, it is understood that why the private and public
organization have good internal control system because most posses
profit orientation relatively, private and public companies pay tax to
the government why government institution pay little or on tax at all
and most of the do not care whether or not there are good internal
control system
Kwara state transport corporation a profit
oriented organization was established on the 11TH February, 1998 by the
them military administration group captain Ibrahim Alkali as part of the
administration commitment to offer cheap transportation service to the
public and solve the problem of exploitation by the state ministry of
work, although, with impended management boldly and self –accounting in
nature, the corporation share holding is 100% government owned.
The internal control system of the corporation has gather command and
praise possibly because use of its profit orientation. Beside, the
transport services offered by the corporation, it deals in the sales of
petroleum product of the initial stage the corporation also proposed to
deal in courier services the effective of the services can not be easily
assert aimed as some is certainly on conflict with the edict establish
in gather corporation internal control system in kwara state transport
corporation shall be evaluated in subsequent chapters. The writer tried
to examine the problem militating against the efficiently control system
in government establishment with emphasis in finding during the
research appreciates the need for management to establish effective
internal control system in the organization, effort shall be geared to
recommend their relevant measures not only to maintain the system in the
organization but also being about better ideas that can improve the
system. .
The impose of this project is to examine whether or not
internal control system naire incorporated in to the management of
these prostates and if so to what extent is the system made use of also
factors, which militate against the efficiency, will be so exposed as to
leave no one in doubt of the cause of the inefficiency. Does it means
that there is no proper control of the resources available to the
institution leading to public intery as to their being so loose with
internal control system ? how ever, looking at the example of railways
corporation, there are lot of militating factor against the viability of
the railways which probably also lead to the poor revenue returns for
corporation.
Furthermore, stiff competition from the tailor
handler who place their trailer behind shops at the ports and carry the
discharged goods up worth and other destination also make the railways
to stand on a futile ground.
The mobility of the government to
reliabilities all roads is likely to be a factor against effective
internal control system in Kwara state Transport corporation complete
with the corporations future to put in place the use of big lorries.
At the end of the project work, we shall be exposed to the degree of
efficiency in government establishment with a critical look in the Kwara
state Transport corporation. Possible suggestion shall be part too aid
the corporations effort.
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