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Revenue Generation, Utilization And Grassroots Transformation In Nigeria
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1.7 SCOPE AND LIMITATIONS OF THE STUDY
This
research project will be limited external and internal sources of
revenue accruing to Uyo Local Government as well as the aspect of
accountability that has to do with controlling of these sources of funds
and its utilization. This study only cover the period of 2005 and 2006
fiscal year as the result of the following constraints and problems
FINANCIAL
CONSTRAINT: - In view of the economic situation in the country, it
often difficulty to meet the financial objectives in a research project
of this nature. Consequently, this study is limited to Uyo Local
Government Council due to the limited financial resources at our
disposal
TIME FACTOR: - A tangible research work will normally
require a number of years for completion but that is not applicable
here. The time constraints not withstanding, could say, I have been able
to delve into required facts of this research that would make this
project a useful material for any mature research that could be carried
out in this Local Government.
1.8 ASSUMPTIONS
In this study, it
is assumed that several factors contribute to the inability of Uyo
Local Government to undertake infrastructural development in its area
of jurisdiction. These include poor revenue generation owing to
irregular or non payment of taxes and rates and fraudulent disposition
of revenue collectors.
1.9 DEFINITION OF TERMS USED IN THE STUDY
ACCOUNTABILITY:
- Howard J.et al, (1999). Accountability has to do with a system f&
ensuring proper stewardship of assets which involves a legal and word
liability for ensuring that public funds are used for public ends and
purposes and that the best value is obtained for money spent.
REVENUE:
- According to Buchanan, Flowes (1975,p.70), Revenue is defined as the
money generated by the government or any public sector to carry out its
functions. It is the amount of income received or total receipts. The
source of internally and externally generated revenue varies from one
council to another.
CONTROL: - This refers to the
institutionalization of administrative and statutory measures to ensure
that appropriate Funds are spent according to laid down rules and
regulations, minimizing of waste, checking dishonesty and extravagance
and the promotion of economy and effectiveness in the conduct of the
financial activities of government.
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ABSRACT - [ Total Page(s): 1 ]Revenue generation in the public sector is very important because of demand for economic development. This study examined Revenue Generation, utilization, grassroots transformation and accountability in Uyo Local Government Council. It employed descriptive and analytical approaches. A total number of forty (40) respondents out of fifty (50) were selected. Data were collected mostly from questionnaire and interview data collected, were analyzed using simple percentage while chi-square statistic w ... Continue reading---
