Ozochi, Chijioke A. INTERNAL REVENUE GENERATION: PROBLEMS AND PROSPECTS (STUDY OF EZEAGU LOCAL GOVERNMENT AREA). INTERNAL REVENUE GENERATION: PROBLEMS AND PROSPECTS (STUDY OF EZEAGU LOCAL GOVERNMENT AREA). (Unpublished)
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Abstract
Abstract The study is concerned with the Internal Revenue Generation: problems and prospects, with focus on Ezeagu local government area of Enugu state. Finance is the bedrock of any organization, including the local government system. It is generally agreed that functionality of local government, the level at which services are rendered, and the quality of services are strongly tied to the financial resources available to it. Local governments in Nigeria are faced with many difficulties in sourcing adequate revenue; such problems are crucial to the smooth running of the local government system. With the local government reform of 1976, local governments in Nigeria became recognized as the third tier of government, vested with the statutory powers to discharge the duties and responsibilities of government. To achieve this, no doubt, efficient and effective revenue generation and management becomes germane. The revenue issues, particularly the problem of generation are well documented. In pursuit of the objectives, a survey research was carried out in the area and the population used for the study was obtained from Michelle Laboratory. Sample size of 150 was determined using Taro Yamane’s statistical formula. Data were collected using questionnaire and interview and thereafter tables and statistical tools were used for presentation and analysis respectively. Findings of the study revealed that Local governments are not given all the political powers to enable them formulate and implement programmes of socioeconomic and political development as desired by the local populace whom they owe their service to. The study concludes that having thoroughly examined the problems and prospects of revenue generation in Nigerian local government system, with focus on Ezeagu local government area of Enugu state, the study conclude that local governments in Nigeria are faced with daunting challenges in their revenue drive. Some of the challenges are externally imposed. Recommendation from the study states that the financial autonomy of local government should be guaranteed by the provisions of the constitution.
| Item Type: | Article |
|---|---|
| Subjects: | H Social Sciences > HG Finance |
| Divisions: | Faculty of Management and Social Sciences |
| Depositing User: | Mr Chijioke A. Ozochi |
| Date Deposited: | 28 Sep 2018 12:49 |
| Last Modified: | 28 Sep 2018 12:49 |
| URI: | http://eprints.gouni.edu.ng/id/eprint/704 |
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