Problems and Prospect of Local Government Finance and Accounting in Nigeria (A Case Study of Ede North Local Government)

TABLE OF CONTENTS

Cover                                                  i

Title                                                 ii

Declaration……………………………………………………………………………………………………………………     iv

Certification………………………………………………………………………………………………………………………  v

Dedication………………………………………………………………………………………………………………………    vi

Acknowledgement……………………………………………………………………………………………………………    vii

Table of Contents………………………………………………………………………………………………………………  viii

Abstract……………………………………………………………………………………………………………………………   ix

CHAPTER ONE    INTRODUCTION     PAGES

1.1Background of the study       1-3

1.2Statement of the problem       3-4

1.3Research question         4

1.4Objective of the study        4-5

1.5Hypothesis of  the study         5

1.6Justification for the study        5-6

1.7Scope of the study         6

1.8Definition of terms            6-8

CHAPTER TWO   LITERATURE REVIEW

2.1Conceptual Review9-29

2.1.1Conceptual framework        30-31

2.2        Empirical Review 31-34

2.3        Theoretical Review34-36

2.3.1    Theoretical framework  36-37

CHAPTER THREE   METHODOLOGY

3.1     Area of study38

3.2     Research design                                 38

3.3  Population sample Size and Sampling technique 38                     

3.3     Source and data collection  39

3.4     Research instrument39

3.4.1 Reliability of instrument39

3.4.2   Validity of instrument39

3.5      Re-statement of hypotheses40

3.6      Methods of data analysis40

CHAPTER FOUR   DATA  PRESENTATION , ANALYSIS AND RESULT INTERPRETATION.

4.1      Data Presentation and Analysis41-60

4.2      Test of hypotheses61-62

4.3    Discussion of findings 63-64

CHAPTER FIVE   SUMMARY, CONCLUSION, AND RECOMMENDATIONS

5.1    Summary65

5.2     Conclusion 65-66

5.3      Recommendation67-68

5.4       Contribution to knowledge68

5.5      Limitation to the study                 68-69

5.6      Suggestion for further Studies 69

             References                    

Appendices

ABSTRACTThe broad objective of this study  examined  the problem and prospect of local government finance and accounting in Nigeria. To achieve this objective 100 questionnaire were   administered to Ede north local government Osun state 65 were filled while 35 were unreturned. The data were analyzed using simple percentage and standard deviation to test the hypotheses. Base on the finding it show the standard deviation calculated is greater than the mean value (9.27>6) on the 0.05% level of significant we accept the null hypothesis which stated There is no significant relationship between revenue generated and financial accountability  of local government in Nigeria and reject the alternative hypothesis and  second hypothesis it show  the standard deviation calculated is higher than the mean value (8.12>6) on the 0.05% level of significant we accept the null hypothesis which stated that transparency and accountability has no impact on local government revenue generated in Nigeria and reject the alternative hypothesis. Therefore, base on the findings we made recommendation that Increase in the tax base of local government due to the enormous responsibility given to the local government and their closeness to the people their revenue base especially tax should be increased. Some of the lucrative and easy to collect taxes (such as income tax) should be given to the local government. This would leave them with reasonable fund to plan.