User Guide before placing order for complete project topics and materials:

It is important that the researcher knows exactly what he is go to do so that I could be done effectively.Make sure you update any research work you purchased on our website. Do not copy word for word. Using our research is legal. Our aim is to provide project topics and materials for easy access to information and to reduce stress of moving from one book stop or library to another in the name of sourcing for one research textbook or research materials. We do not encourage any form of plagiarism. Our aim is to generate research project ideas for students. The contents of the project material provide will help students to generate new ideals. Every researcher must look around him in his immediate environment and beyond to improve the work. To order the below complete project materials, Make payment deposit or cash transfer into any of the following banks:

GTBANK

Account Name: Chi E-Concept Intl, Account Number: 0115939447

Other payment options

We accept cash deposit, cash transfer and Bitcoin.

Click on download to complete your order.Call or Whatsapp +23408063386834

CLICK HERE TO CHAT WITH OUR CUSTOMER SUPPORT TEAM ON WHATSAPP

PROPOSAL: The motive of this study “the Overview of local government finance in the New millennium is to know the extent of finance management at the local level. At the local government level, finance have not been sufficiently provided for. Even the little funds at their disposal are not adequately used. The chapter one of this work gives an introductory aspect of the work.  The chapter two shows in details the need for local government, local government source of fund, local government organizational structure and the concept of financial administration.  While the chapter three shows the summary of  findings, conclusion and recommendation.

TABLE OF CONTENTS

CHAPTER ONE: INTRODUTION

1. Background of the study
2. Statement of problem
3. Objective of the study
4. Significance of the study
5. Scope and limitations of the study
6. References

 

CHAPTER TWO: LITERATURE REVIEW

1. Need for local government
2. Local government source of fund
3. Local government organizational structure
4. The concept of financial administration
5. Definition of terms
6. References

 

CHAPTER THREE: SUMMARY

1. Summary of findings
2. Conclusion
3. Recommendation

Bibliography

CHAPTER ONE

 

1. BACKGROUND OF THE STUDY

Finance has been a problem facing the government.  The government of Nigeria is made up of the federal, state and local government which is preferably called the three tiers of government.  But however, this work is only limited to the local government.

          Local government forms the third tier of government in Nigeria.  The aim of creating local government is to decentralize government so that local government which is nearest to the people will enable the people to participate in development process of their area. Local government is also referred to as government at this grassroots level.

          To carry out its function, the local government must have readily available finances.  This is because the need for finance is very important in any establishment.

          In defining what finance is various perspectives from different aspects are recognized?

1. The layman understands finance as the volume of money held as cash and cash balances at bank.
2. The investor sees finance as the possession of funds when it is needed for investments.
3. The academics sees finance as the discipline that studies the science of funds management, which includes the institutions that are involved in sourcing funds such as the money market institutions, insurance market institutions and mortgage market institutions etc.

These guidelines help in generating funds and funds management.

 

1. STATEMENT OF PROBLEM

One of the problems facing the local government is that they have limited source of revenue.  Apart from revenue accruing from the federation accounts all other source of revenue do not yield much fund.  This federation accounts services as the federal government budget estimates.

          In 1996 the vertical sharing from the federation accounts placed the local government on 20.0%. The federating government of Nigeria is empowered with the responsibility of generating and distributing revenue accruing from oil and non-oil revenue.

 

1. OBJECTIVE OF THE STUDY

The objective of the work is to explore into the hindrance against effective measures undertaken to curtail the low rate of finance in local government.

          It will help in ensuring that adequate controls exist over the receipt custody and disbursement of funds, that all its transactions are promptly and properly accounted for and all documents and records relating to the financial transaction are accurate and complete.

 

1. SIGNIFICANCE OF THE STUDY

This study helps in policy making and investment.  It also serves as a guide to authorities on how to control finance.

          After identifying the problems, it would also help in allocating fund to local government by checking its expenditures.  This, in effect will also help the local government in funds management.

          The people at the grassroots will also benefit from the study in solving their needs, thereby increasing the standard of living.

 

1. SCOPE AND LIMITATIONS OF THE STUDY

The study will ascertain the source of funds of local government administration.

          It would also look into the concepts of financial administration of the local government and its expenditure relating to inadequate funds.

 

REFERENCES

1. Joseph Iloh 2004

Business Finance

Rockhill Associaties P 1 and 2

1. Odoh Nick N. 2004

Introduction to Public Finance

J.T.C. Publisher P 53