FISCAL ACCOUNTABILITY DILEMMA IN NIGERIA PUBLIC SECTOR: A WARNING MODEL FOR ECONOMIC RETROGRESSION
- Project Research
- 1-5 Chapters
- Quantitative
- Simple Percentage
- Abstract : Available
- Table of Content: Available
- Reference Style: APA
- Recommended for : Student Researchers
- NGN 5000
ABSTRACT
The diagnostic survey conducted in 2001 into the Federal Government public procurement revealed that Nigeria lost several hundred billions of Naira over the last few decades due of flagrant abuse of procedures, lack of transparency and merit in the award of contracts in the public sector. Measures like legislative committees, financial audit, ministerial control, judicial reviews, anticorruption agencies, advisory committees, parliamentary questions and public hearing to ensure accountability in the public sector as in developed countries were adopted yet no tangible result has been achieved. This study investigated accountability in the Nigerian Public Sector. The population of the study is Nigeria public sector and the sample frames was drawn from Ministry of Finance, Presidency, Ministry of Works, and National Assembly. Source of data was primary and were collected through structured questionnaire which was distributed to 100 management staff of the above organizations at random. Data were with the aid of SPSS. The result showed that there is weak accountability in Nigeria due to weak accounting infrastructure, poor regulatory framework and attitude of government officials. It was recommended that the government, professional accounting bodies and citizens should work together to have a meaningful resolution on this issue as a matter of urgency.
Related Project Materials
An Evaluation of PIT Collection Mechanisms in Nigerian Local Governments: A Study of Ikeja LGA
Background of the Study
The collection of Personal Income Tax (PIT) is critical for local governments in N...
An appraisal of the effects of in-service training on teachers' effectiveness in secondary schools in Gwagwalada LGA, FCT
Background of the Study :
In-service training is widely recognized as a critical component in the continuous professional d...
The impact of President Bola Tinubu’s foreign exchange policies on local businesses in Maiduguri, Borno State
Background of the Study
Foreign exchange (forex) policies play a significant role in shaping the economic landscape of a co...
THE ROLE OF EARLY CHILDHOOD EDUCATION IN REDUCING WASTE
ABSTRACT: This study examines the role of early childhood education in reducing waste among young children. Teaching waste reduction early can...
An assessment of constitutional law and its role in curbing gender inequality: A study of Kano Municipal Local Government Area, Kano State
Background of the Study
Gender inequality remains a pervasive issue in many societies, including Nigeria, where women continue to face discr...
An Assessment of Patient Satisfaction with Oncology Nursing Care at Olabisi Onabanjo University Teaching Hospital, Ogun State
Background of the Study
Patient satisfaction is a critical indicator of healthcare quality and reflects...
An Evaluation of Access to Skilled Birth Attendants Under Healthcare Policies in Bauchi State
Background of the Study
Access to skilled birth attendants (SBAs) is a key determinant of maternal and neonatal health o...
The Impact of the Petroleum Industry Act 2021 on Tax Revenue in Nigeria: A Case Study of NNPC
Background of the Study
The Petroleum Industry Act (PIA) 2021 was a landmark piece of...
An Investigation of Morphological Productivity in Nigerian Youth Slang: A Study of Neologisms on Instagram
Background of the Study
Nigerian youth slang has become an increasingly dynamic domain of linguistic innovation, particula...
The Role of Films in Promoting Environmental Sustainability in Doma Local Government Area, Nasarawa State
Chapter One: Introduction
