FINANCIAL MANAGEMENT THE ROOT CAUSE OF BACKWARDNESS IN LOCAL GOVERNMENT COUNCILS (A CASE STUDY OF EZEAGU L.G.A)

64 PAGES (7874 WORDS) Accounting Project
TABLE OF CONTENTS

Preliminary pages
Title page
Dedication
Acknowledgement 
Abstract
Table of content
List of figures
CHAPTER ONE
INTRODUCTION
1.1 Background of the study
1.2 Statement of the problem
1.3 Objectives of the study
1.4 Research questions 
1.5 Significance of the study
1.6 Scope of the study
1.7 Limitation of the study
CHAPTER TWO
REVIEW OF RELATED LITERATURE
2.1 Conceptual frame work
2.2 Historical background of financial resources of Ezeagu local government.
2.3 Causes of financial mismanagement in the Nigerian Public sector
2.4 Achieving accountability in public financial management in Nigeria.
2.5 The issue of mismanagement of finance and materials in Ezeagu local Government.
2.6 Consequences of the Acts of mismanagement of finance b the council.
2.7 Need for adequate financial management.
2.8 Ways of ensuring adequate financial management in Nigerian local government system.
2.9 The roles of local government 
2.10. Techniques and tools for achieving efficient  management of local government finance.
CHAPTER THREE
RESEARCH DESIGN AND METHODOLOGY
3.1 Research design
3.2 Area of the study
3.3 Population of the study and sample size determination
3.3.1 Population of the study
3.3.2 Sample size determination 
3.4 Method of data collection
3.5 Sources of data collection
3.6 Validity and reliability of research instrument
3.6.1 Validity of the research instrument
3.6.2 Reliability of the instrument
CHAPTER FOUR
DATA PRESENTATION, ANALYSIS AND INTERPRETATION
4.1 Data presentation/analysis
4.2 Research question one
4.3 Research question two
4.4 Research question three
4.5 Research question four
4.6 Research question five
CHAPTER FIVE
SUMMARY OF FINDINGS, RECOMMENDATION AND CONCLUSIONS
5.1 Summary of findings
5.2 Recommendation
5.3 Conclusion 
 
INTRODUCTION

Nigeria as a nation is made up of different regions or geographical region and each geographical zones are made up of states and local government councils which will form the focus or area of interest especially that of Ezeagu local government in Enugu.
Here, local government administration means a system of local Government administration at the divisional and community level intended primarily ti initiate and direct the precision of services and implementation of projects of the local communities and to co-ordinate the activities of the state government that is such function will be in such a way as to ensure proper decentralization of function and in the planning and execution of general development and management of their own affairs. 
The above citation will focus in the objectives of the local government system as they will form the basis of our discussion on the main project work.
In the light of this, Ezeagu local government areas of Enugu state will be used as a case study to really ascertain the root causes of her financial management as it relates to their backwardness.
Ezeagu local government area of Enugu state was calved out from Udi Local government in 1974. It still counts as one of the developing local government areas in Enugu state, inspite of numerous revenue sources available to it. Even the ones generated are not appropriately utilized or managed.
To this end, some communities cannot boast of electricity supply and only a few of their entire towns in the local government areas has pipe borne water, staff salaries were owned for months now resulting to protracted strikes action of that local government workers.
In that respect, rumors always go round that  money generated by the council (both internally and externally) is not used appropriately. Also, others say that staff do not give proper account of financial transactions they run for the council.
People in local government areas are therefore not very happy with the situation of the development activities in the area. This unhappiness manifest in people unwillingness to pay tax as when due, workers going  on strikes which eventually lead to developmental problems in the council.
Consequently, the objectives of this research work is to x-ray the possible case of financial mismanagement in Ezeagu local government council with a view to suggesting lasting solution to elemental problems among the communities in the local government area.