Background of the Study
Lagos State, Nigeria’s commercial capital, faces significant environmental challenges, particularly in waste management. As the population grows, waste generation has increased, leading to challenges in waste collection, disposal, and recycling. To address these challenges, the state has allocated funds for waste management programs, with a particular emphasis on waste disposal and environmental conservation (Adeyemi & Olaniyan, 2023).
Environmental accounting refers to the practice of accounting for the costs of environmental management and the associated benefits, ensuring that funds allocated for environmental purposes are used efficiently and transparently. In Lagos State, environmental accounting plays a critical role in the management of waste disposal funds, as it allows the government to track and report financial expenditures related to waste management programs (Olamide & Okoro, 2024). This study aims to evaluate the effectiveness of environmental accounting in managing waste disposal funds in Lagos State, focusing on how these accounting practices contribute to improved waste management outcomes.
Statement of the Problem
Despite the allocation of significant funds for waste management, Lagos State continues to face substantial waste disposal challenges, such as inadequate infrastructure, inefficient waste collection systems, and environmental pollution (Adeniyi & Babalola, 2024). The lack of effective environmental accounting in managing these funds may contribute to financial mismanagement, inefficiency, and poor implementation of waste disposal programs. This study seeks to investigate the effectiveness of environmental accounting in improving the management and utilization of waste disposal funds in Lagos State.
Objectives of the Study
Research Questions
Research Hypotheses
Scope and Limitations of the Study
This study will focus on the role of environmental accounting in managing waste disposal funds in Lagos State from 2010 to 2025. Limitations include the difficulty in obtaining comprehensive financial data related to waste management programs and potential biases in government and private sector reporting on fund allocation and usage.
Definition of Terms
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