ABSTRACT
Public private partnership (PPPs) is a form of cooperation between the public and private sectors. Its goals are to finance, build (reconstruction), operation and maintenance of the infrastructure and to provide public service through the infrastructure. Within the PPPs entities of public sector are partner and customers of the private sector from which the purchase services. In principle the private partner finances, builds, and operate the infrastructure and is enabled to provide respective service compensated by payment from the end-user (concession) or from the public partner. The substantial attribute of public private partnerships is the sharing of risks relating to build and operation of the infrastructure between the private and public partner and a long time contract. Regarding the fact that public private partnership projects are robust and have a significant impact on the public administration budget. The ministry of finance regulates their preparation and facilitates public authorities to prepare their public private partnership projects according to their best international practice.
CHAPTER ONE
1.0 INTRODUCTION
Public Private Partnership (ppps) is a means of using private finance and skills to deliver capital investment projects traditionally provided by the public sector. These include capital projects such as schools, hospitals, roads, and water facilities. Instead of the public body directly procuring capital assets and subsequently owning, operating, and regulating them. Public private partnerships (ppps) generally involve the private sector owning and operating, but the public sector buying the services from the contractor for a fixed period of time.
A public body enters into a contract with a private sector consortium to deliver the project. Part of the contract specifies that the private consortium must take on a considerable degree of the risk associated with the project. Risks include possible cost over runs, lower than expected usage, and so forth. The public sector body contracts with the private consortium to deliver some or all of the services associated with the investment over a number of years.
Electronic computer have outpaced man in the area of the speed with which the retrieve information, process it, and communicate the results. The capacity to store vast quantities of information, retrieve the information when needs arises for it are some of the main reason of the computer (web base). The computer complements the work of human system, which would have been much burden to him; it could be safe to say that computer is an extension of human brain.
Therefore, by definition, computer is an electrical/ electronic device which accepts input in the form of data and uses a pre-defined instruction known as computer program, in order to produce a desirable output. There is need for computers where there is massive data handling and additional record to make less harmful against quick retrieval of essential information keeping historical records and operational data in small which could be retrieved in short time. Many organization at the moment are using computers to save time, money, and improve service reduce monotonous routine work. The research is on imo state budgeting office. Budget is an annual government statement of a country income from taxes and how it will be spent.
1.1 BACKGROUND OF THE STUDY
Budget office can best be described as an institution that are responsible for the amount of money needed or provided for a specific purpose, and statement of a country income from taxes for the government. Therefore government establishes a board for each state, a board to be known as the state board of budget office in the state whose operation aim shall be known as the state budget office services.
BRIEF HISTORY OF BOARD OF IMO STATE BUDGET OFFICE
The board was called bureau for budget and planning during the military administration headed by a Director-General Mr. Ekwe. It was later changed to imo state planning and economic development commission. In 2009 it was changed to ministry of planning, it was headed by a commissioner Dr.(mrs) Ngozi Anyikwe.
The ministry has about five department, including three technical department namely; recurrent budget, macro planning, statistics department. The other two are administration, and accounting department. The permanent secretary is Mr. Calitus Ekenze
1.2 STATEMENT OF THE PROBLEM.
Since it comes to handling of large volume of information and in terms of storage facilities, accessing and retrieval speed, it is needful that the record should be processed by the computer instead of the manual method.
The problems which this project tends to answer are;
Given a particular year, show the number of private sector registered with details of the public partner. Given a particular private sector registration numbers what offences has the owner committed so far? How many people in the metropolis have obtained the public sector licensing?
With the desire to identify the necessary problems and possible solutions, to enumerate the above problems will be highlighted. The boards are the most optimum possible means of solving these problems. A comprehensive design of the system will be carried out incorporating the solution professed, and the design of program controls and subsequent development of application program will be carried out and finally the implementation of the system.
1.3 OBJECTIVES OF THE STUDY
The aims and objective of carrying these research works includes the following such as;
Challenges and options to improve intermediation, increase access to credit, and long term financing, using local SMEs participation in the development of public private partnerships. Give participants a profound appreciation of the important role of local private investors, and enable them to familiarize with financial and private sector institutional and regulatory requirement. Provide a forum for dynamic discussion and participative exchange of ideas and experience. Also enable participants to examine a range of steps and measures that can be applied to improve the institutional and regulatory environment for the private sector sponsors, thus enabling efficient mobilization of funds available for infrastructure and public service delivery. Highlight the benefits of the alternative financial instruments and new mechanisms to improve financial intermediation, increase the availability of bank credit and long term financing at reasonable cost for local and small/medium operators, and foster development and growth of local SMEs.
1.4 SCOPE OF THE STUDY
The study is on the public private partnerships, a case study of budgeting office owerri. The researchers will dwell on the activities and department existing in the board. This study is designed to five clear insights and makes research to determine the relationship that exist or could exist between the computer and the board. The study will cover the functions of the public sector unit and software will be developed to maintain record of private partner and every information pertaining to the sectors.
1.5 SIGNIFICANCE OF THE STUDY
This project will help people to partner with the government. It will encourage private to obtain their loan and also encourage them to pay their dues as at when due. This project will in turn help the public sector (government) to monitor and regulate the infrastructure in all parts of the country.
1.6 LIMITATIONS OF THE STUDY
This project work is limited only to the budget office unit in owerri imo state. The designed program will solve a problem of a particular unit of the board, which is the “Budget-office”. There are difficulties encountered during the research work such as:
Lack of funding for the financing of this research work Lack of time, due to order academic work.
1.7 DEFINITION OF THE TERMS
PUBLIC: The concerning of people in general
PRIVATE: Belonging to or for a use of one particular person or a group only.
PARTNERSHIP: Is a form of business organization in which two or more people contribute their resources together to carry on a business with the aim of making profit.
BUDGET: An annual government statement of a country’s income from taxes and how it will be spent.
INCOME: These are the money that a person, group of individual, a region, country, earns from work, and or from a business.
TAX: Money that you have to pay to government so that it can pay for public services.
