SOURCES AND STRATEGIES FOR IMPROVEMENT OF LOCAL GOVERNMENT REVENUE IN ABIA STATE(A CASE OF OHAFIA LOCAL GOVERNMENT AREA

Abstract

The important of revenue generation and the strategies for improvement and management of such revenue for the socio-economic development of Ohafia L.G.A. cannot be over-emphasized. Infact, the level of L.G.A revenue generation and the provision of infrastructural facilities serves as the major parameter for determining its growth and overall development. This means that there is need for local government to formulate an effective strategy necessary towards the achievement of its objectives and obligations. This work has five chapters. Chapter one deals with the introduction comprising statement of the problem, significance of the study, hypotheses and definitions of the terms used. Chapter two reviews related works on the topic, purposes of L.G.A revenue strategies for improvement, the background and geographical location of Ohafia L.G.A. chapter three discusses the methods adopted by the researcher in the course of this work. Chapter four analyses and present the data gathered through questionnaire. Chapter five discusses the findings made in the previous chapters. It also summarizes recommendation the findings. Conclusion was drawn and recommendations made.

TABLE OF CONTENTS

PRELIMINARY PAGES

Title Page                                                              i

Approval Page                                                        ii

Dedication                                                             iii

Acknowledgement                                                  iv

Abstract                                                                v

Table of content                                                     vi

CHAPTER ONE

1.0   Introduction                                                   1

1. Background of the Study                                         1
2. Statement of the Problem                                 2
3. Objectives of the Study                                    2
4. research Question                                            3
5. Significance of the Study                                         4
6. Scope of the study                                           5
7. Limitation of study                                           5
8. Definition of Term                                            6

CHAPTER TWO

2.0  Literature Review                                             8

2.1  Introduction                                                    8

2.2  Background of Ohafia Local Government Area             9

2.3  sources of revenue                                           10

2.4  problems of Revenue Collection                         18

2.5  strategies for Revenue Improvement                  20

2.6  Local Government Revenue Management            21

2.7  Budgeting                                                              22

2.8  Revenue Generation                                                23

2.9  Expenditure                                                    24

2.10 Control                                                           25

CHAPTER THREE

3.0  Research Design and Methodology                            27

3.1  Introduction                                                    27  

3.2  Research Design                                              28

3.3  Source/Methods of Data Collection                     28

3.4  Population and Sample Size                               30

3.5  Simply Technique                                            31

3.6  Validity and Reliability of Measuring Instrument    32  

3.7  Method of Data Analysis                                   33

CHAPTER FOUR

4.0  Presentation and Analysis of Data                       34

4.1  Introduction                                                    34

4.2  Presentation of Data                                        35         

4.3  Analysis of Data                                              42

4.4  Interpretation of Result                                    42

CHAPTER FIVE

5.0  Summary, Conclusion and Recommendation        46

5.1  Introduction                                                    46         

5.2  Summary of Findings                                       46

5.3   Conclusion                                                     47

5.4    Recommendations                                          48

       Reference                                                       50

              Appendix                                                        51

CHAPTER ONE

1. INTRODUCTION

1.1  BACKGROUD OF STUDY

One of the greatest problems facing local government administration in Nigeria today is unarguably finance. Essential, this is needed for the execution of their statutory functions. It is now an established fact that funds from the existing traditional sources (internal, external and loans) are for one reason or the other inadequate to cope with present-day demands of governance. Also, it has been discovered that those officials entrusted with revenue collection of the local government treasury are not competent. Again, companies and individuals shy away from declaring their real profit(s) at the end of every fiscal year, thereby making it difficult for tax officials to know how much tax they should pay.     

In this work, I will examine various sources of revenue generation and strategies to be adopted so as to improve revenue generation. Efforts will also be made to proffer suggestions on ways of revenue improvement where possible, though no matter the strategies or suggestion(s), successful revenue generation depends on the treasurer, the chief Accounts Officer, revenue Officials and the effective leadership of the local government Chairman.