MANAGEMENT OF LOCAL- GOVERNMENT FINANCE IN NIGERIA
MANAGEMENT OF LOCAL- GOVERNMENT FINANCE IN NIGERIA
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Date
1982-07
Authors
JULIUS, ADEBAYO EJISUN
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Abstract
This study examines the level of elasticity and
buoyancy of existing internal revenue sources of Kahuna
Local Government and considers the effect of community tax
abolition on the financial position of the Local Government
as well as the escalating overhead costs in collecting such
miscellaneous items of revenue as market fees and hawkers'
permit fees. Our findings revealed that the internal
revenue base of the Local Government is so deplorable that
the Local Government is now at the brink of financial
insolvency. The much acclaimed statutory allocation of
funds from both the Federal and State Governments is not
enough to pay the salaries of primary school teachers, let
alone financing other developmental or social programmes
of the local government.
In order to rescue the local government from total
financial bankruptcy and in order to place it in a position
where it will be able to finance its projects, we recommend
for adoption a new method of property rate collection which
is so simple that its implementation will not require any
sophisticated valuation mechanisms and so its adoption
cannot be handicapped by lack of sufficient valuation
officers in the labour market. The new formula, if properly
implemented, will fetch the local government an extra
revenue of over nine million Naira per annum. If this
money is at the disposal of the local government, it will
in a position to effectively provide basic social
services for the inhabitants of Kaduna Metropolis.
One of the other major findings of the study is the
inability of the local government officials to balance
the accounts of the local government for the past seven
years. To remedy this situation, the study recommends
that an independent body be set up by the Ministry for
Local Government to assist in bringing the accounts up
to date.
Description
A THESIS SUBMITTED TO THE POSTGRADUATE SCHOOL,
AHMADU BELLO UNIVERSITY, IN PARTIAL FULFILMENT
OF THE REQUIREMENTS FOR THE DEGREE OF MASTER
IN PUBLIC ADMINISTRATION (LOCAL GOVERNMENT.)
DEPARTMENT OF LOCAL GOVERNMENT STUDIES
FACULTY OF ADMINISTRATION
AHMADU BELLO UNIVERSITY
ZARIA
JUNE, 1982
Keywords
GOVERNMENT,, FINANCE, FINANCE, NIGERIA, MANAGEMENT