Control mechanism and management of local government funds in Kogi state Department:Public Administration By: AdeleyeJoshua Project ID: 9601 Rating: (5.0) votes: 1 Price:₦4000 Get the Complete MaterialAbstractThis work examined the control mechanism and management of local government funds in Kogi State using Ijumu Local Government as the case study. The objectives of this project are to examine and ascertain the mechanism for effective management of local government funds and the extent to which they are complied with in Kogi State, to determine the factors that impede the effective management of funds at the local government level in Kogi State and to determine the effects of poor fund management on socioeconomic and human development in Kogi State. The methodology adopted in gathering data was a descriptive survey method, using both primary and secondary methods. The major instrument used to gather data from primary sources is the questionnaire. From a population of 171,308, a sample size of 399 respondents was selected using the simple Taro Yamane formula. Findings revealed that Effective financial control mechanism enhances socio- economic development of Ijumu Local government, application of financial control mechanism lead to accountability and transparency in Ijumu Local Government. Lack of financial accountability in the local government is occasioned by unpublished audited accounts, the nature of the nation’s political economy, inequality, poverty and corruption. Poor management of funds has impacted negatively on the development initiative of the rural areas in Kogi State, and the ineffectiveness of most of the local governments in Kogi State is due to underfunding. In view of the findings, it was recommended that there should be efficient machinery put in place to monitor and supervise the utilization of local government funds, as this would, to a large extent, enthrone financial accountability and infrastructure development. The affairs of local governments should be investigated by the federal and state governments on a regular basis so as to ensure strict compliance with the rules of the Revised Financial Memoranda....Preview Download Preview +Other Public Administration project topics and materials you might be interested in»Impact of industrial conflict on the performance of workers in the government parastatal (a case study of Nigeria National Petroleum Corporation (NNPC)»Human resources as a catalyst for economic growth and development in Nigeria (a case study of Abuja municipal area council) »The influence of effective personnel management practice in organization performance»Local government financial autonomy and grass root development in Nigeria (a case study of Afikpo north local government area)»Effects of delayed payment of lecturers salaries and wages on students performance»Manpower training and development as a tool for effective performance in public sector in Nigeria»The impact of poor revenue generation on the development of Local Government Areas»Fuel subsidy removal and the Nigerian economy (a case study of Abakiliki local government area, Ebonyi state) »Enhancing political stability in Nigeria through good governance ( a case study of Abia state)»Niger-Delta crisis and its impact on socio-economic development in Nigeria»Accountability and corruption in local government in Nigeria (Case study of Bonny local government area of Rivers state)»Political instability a major hindrance to effective policy implementation and good governance (a case study of Nigeria 1983 -1999)»Bureaucracy and efficiency (a case study of Enugu state civil service)»The assessment of the roles of local government towards rural development - a case study of Katcha local government area of Niger state»Impact of collective bargaining techniques on industrial relations practice (a case study of two selected firms from NUPENG and NUBIFE)