An Examination of the Effect of Public Sector Accounting on Contract Transparency in Nigeria: A Case Study of Niger Delta Development Commission (NDDC)
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Background of the Study
Contract transparency is critical for ensuring accountability and fairness in public sector procurement processes. Public sector accounting serves as a tool for promoting transparency by providing accurate and timely financial information (World Bank, 2024). The Niger Delta Development Commission (NDDC) is responsible for implementing development projects in the Niger Delta region. However, allegations of opaque contract processes have often marred its operations.
This study investigates how public sector accounting influences contract transparency in the NDDC, highlighting successes, challenges, and areas for improvement.
Statement of the Problem
Despite efforts to promote transparency, the NDDC has faced persistent allegations of corruption, mismanagement, and opaque contract processes. Weak accounting systems and a lack of accountability have exacerbated these issues, undermining public confidence in the commission (Eze & Okoro, 2025).
Addressing these challenges requires an examination of the role of public sector accounting in enhancing contract transparency and ensuring the efficient use of resources.
Objectives of the Study
- To examine the effect of public sector accounting on contract transparency in the NDDC.
- To identify challenges in implementing effective accounting practices within the NDDC.
- To propose strategies for improving contract transparency through public sector accounting.
Research Questions
- How does public sector accounting affect contract transparency in the NDDC?
- What challenges hinder the implementation of effective accounting practices in the commission?
- What strategies can enhance contract transparency through public sector accounting?
Research Hypotheses
- Public sector accounting significantly improves contract transparency in the NDDC.
- Challenges such as poor oversight and corruption hinder the implementation of effective accounting practices.
- Enhanced regulatory frameworks and auditing systems improve contract transparency in the NDDC.
Scope and Limitations of the Study
The study focuses on the effect of public sector accounting on contract transparency in the NDDC. Limitations include restricted access to financial records and the potential unwillingness of stakeholders to provide sensitive information.
Definitions of Terms
- Contract Transparency: The openness and clarity of processes related to awarding and managing government contracts.
- Public Sector Accounting: The system for recording, analyzing, and reporting financial transactions in public institutions.
- Niger Delta Development Commission (NDDC): A federal agency responsible for the development of the Niger Delta region.
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