Record Details

Financing Options and Development Projects in the Nigerian Local Government System

International Journal of Development and Management Review

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Field Value
 
Title Financing Options and Development Projects in the Nigerian Local Government System
 
Creator Akujuobi, ABC
Akujuobi, LE
Okorocha, Ka
 
Description This study is an investigation into the impact of Nigerian local government financing options on successful execution of development projects. Through the ordinary least square
regression analysis, the study proved that though there is an established case of underfunding in the entire Nigerian local government system, the propagation of funds misappropriation theory seems to hold true, and both account for the low level of economic development being experienced in Nigeria. Hence, the recommendation includes the upward review of the Federal Statutory Account, strict adherence to the law on the release of
State Statutory Allocation to the local governments while checking the unwieldy behaviour of local government practitioners on proper fund management.

Keywords: Local governance, Financing options, Development projects, Economic development
 
Publisher Directorate of General Studies, FUT, Owerri
 
Contributor —
 
Date 2010-02-16
 
Type info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
 
Format application/pdf
 
Identifier https://www.ajol.info/index.php/ijdmr/article/view/47954
 
Source International Journal of Development and Management Review; Vol 3, No 1 (2008); 122-132
 
Language eng
 
Relation https://www.ajol.info/index.php/ijdmr/article/view/47954/34322
 
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