SOURCES AND UTILIZATION OF LOCAL GOVERNMENT FINANCE IN NIGERIA

SOURCES AND UTILIZATION OF LOCAL GOVERNMENT FINANCE IN NIGERIA

ABSTRACT

Local government in Nigeria is the third tier of government. It supposes to communicate directly with the people through their representatives, it is through an effective local government system that is obligations and duties to the people will be idealized. The concept of the new system of local government with its objective is aimed at standardizing and stabilizing the function and financial resources at the local government level. The basic problems of the local government of the local government are revenue mobilization and its effective utilization especially now that they appear to be no comprehensive quite to the sources and uses of revenue in the local government.

The project intended to project rays on those source of finance available to the local government and effective means of harnessing resources, it also attempted to proffer advice on the optimum utilization of these resources. Students, researchers and administrators of local governments will find in this project vital information that could pass out for a solution to impending problem.

TABLE OF CONTENT

CHAPTER ONE

INTRODUCTION

1.1 Background of the study

1.2 Statement of the problem

1.3 Purpose/objective of the study

1.4 Significance of the study

1.5 Limitations of the study

CHAPTER TWO

REVIEW OF RELATED LITERATURE

CHAPTER THREE

RESEARCH DESIGN AND METHODOLOGY

3.1 Sources of data (secondary sources)

3.2 Location of data

3.3 Methods of data collection (literature work)

CHAPTER FOUR

FINDINGS

CHAPTER FIVE

Recommendations

Conclusions

Reference

CHAPTER ONE

INTRODUCTION

1.1 BACKGROUND OF THE STUDY

The federal government of Nigeria creates the local government, which is the third tier of government. The purpose of its creation is for grass root development. The local government is a growing organization whose raison is to provide socio-economic service to, and to contribute to raising the living standard of its people. It is able to achieve these objectives by making good of her existing financial resources. The local government is ought to be primarily involved in the construction and maintenance of trunk roads, plants, and equipments, buildings and other assets. Local Government Beyond this, the people of the area normally have expectations of improved service and facilities from the local government.

SOURCES AND UTILIZATION OF LOCAL GOVERNMENT FINANCE IN NIGERIA