An Examination of the Effect of Public Sector Accounting on Contract Transparency in Nigeria: A Case Study of Niger Delta Development Commission (NDDC)
- Project Research
- 1-5 Chapters
- Abstract : Available
- Table of Content: Available
- Reference Style:
- Recommended for :
- NGN 5000
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.
Related Project Materials
THE IMPACT OF FINANCIAL ACCOUNTING ON INVESTMENT DECISION-MAKING
ABSTRACT
This study investigates THE IMPACT OF FINANCIAL ACCOUNTING ON INVESTMENT DECISION-MAKING, with objectives to understand the role...
An examination of public investment’s effect on regional income convergence in Nigeria: Evidence from Kaduna State (2000–2020).
Background of the study:
Public investment is a pivotal element in reducing regional disparities by promot...
THE EFFECT OF SCHOOL STRUCTURE AND ENVIRONMENT ON THE PERFORMANCE OF SECONDARY SCHOOL STUDENT
ABSTRACT
The study found out the effect of school structure and environment on student’s academic performance in s...
The effect of indigenous proverbs on conflict resolution in Ibadan North Local Government Area, Oyo State
Background of the Study
Indigenous proverbs are an integral part of the cultural fabric in Ibadan North,...
SECOLOGICAL RISK OF HEAVY METALS IN SURFACE WATER, SEDIMENT AND DOMINANT FISH SPECIES FROM TUNGAN KAWO RESERVOIR, KONTAGORA, NIGER STATE, NIGERIA
ABSTRACT
Developing countries like Nigeria are faced with increased in generation of domestic, industrial and agricultural wastes that fo...
An investigation of maintenance charge policy impacts on operational efficiency in banking: A Case Study of Stanbic IBTC Bank Nigeria
Background of the Study
Maintenance charge policies are essential for balancing cost recovery and customer satisfaction in banking. Stanb...
Challenges of Accounting Information System in Public Health Budgeting in Zuru Local Government Area
Background of the Study
Public health budgeting is essential for ensuring adequate resources for health...
The impact of rural economic development on agricultural banking services: a case study of Union Bank of Nigeria
Background of the Study
Rural economic development plays a pivotal role in shaping the dynamics of agricultural banking services in Niger...
IMPLICATIONS OF LOCAL GOVERNMENT AUTONOMY ON RURAL DEVELOPMENT
ABSTRACT:- This work titled, “Implication of Local Government Autonomy on Rural Development in Ebonyi State” A st...
MEDIA STAFF WELFARE AND EFFECTIVE JOURNALISM IN NIGERIA
BACKGROUND TO STUDY
For any organization to function very effectively is it big or small, the welfare o...
