BUDGET MONITORING AND CONTROL AND ECONOMIC MANAGEMENT IN NIGERIA: A CASE STUDY OF PLATEAU STATE.

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BUDGET MONITORING AND CONTROL AND ECONOMIC MANAGEMENT IN NIGERIA: A CASE STUDY OF PLATEAU STATE.

Abstract

This work was carried out principally to study the problems of budgeting in plateau state, of particular importance is the monitoring and control mechanisms of the budget. The work is based on the premise that budget deficits is a measure of budget indispline and can be attributed largely to inefficient monitoring and control mechanisms. In the course of the research, it was discovered that during the peiod under review (1985 – 1994), which is considered less sensitive the plateau state budgethas withnessed alarming deficits totalling over N2 Billion (measured by the amount of deviation of the estimated from the yearly expenditures). The deficits measured as high as – 179% in some years. This very high rate of deficit has led to the massive accummulation of debts in the state (Both External and Domestic). At present the state is indebted to the tune of about N10.7 billion. This debt burden has also resulted in the high rate of unemployment in the state an d the slow development of the necessary social infrustractures to the citixenry. It was also discovered that although there exists some monitoring and control structures in the state. Charged with ensuring that there does not occur a disturbing deviation from the budget (Agencies such as the public accounts committee, Audit, Budget and Planning, e.t.c). These committees are ineffective and have no power to control financial recklessness. This accounts for this inefficiencies. At the final analysis, the researcher opined that efforts should be directed towards building up a financial management capability to estimate and monitor costs to fulfill the programme tasks within specific cost ceilings and to help devise measures proper accountability: for budgets and plans must be drawn within available resources and should be implementable.

TABLE OF CONTENT

Title page- – – – – – – – – i
Approval page – – – – – – – -ii
Dedication – – – – – – – – -iii
Acknowledgement – – – – – – – -iv
Abstract – – – – – – – – – -v
Table of content – – – – – – – -vi

CHAPTER ONE
INTRODUCTION – – – – – – – -1
1.0 Background of the study – – – – -1
1.1 Statement of the problem – – – – -5
1.2 Purpose of the study – – – – – -6
1.3 Significance of the study – – – – -8
1.4 Research questions – – – – – -9
1.5 Scope of the study – – – – – – -10

CHAPTER TWO

LITERATURE REVIEW – – – – – – -11

CHAPTER THREE

Research methodology – – – – – – -39
Design of study – – – – – – – -40

CHAPTER FOUR

Presentation, analysis and interpretation of data – -48

CHAPTER FIVE

Summary of findings – – – – – – -60
Conclusion – – – – – – – – -61
Recommendations – – – – – – – -62
Suggestions for further research – – – – -64
References – – – – – – – – -65
Appendix I – – – – — – – – -68
Questionnaire. – – – – – – – -69

BUDGET MONITORING AND CONTROL AND ECONOMIC MANAGEMENT IN NIGERIA: A CASE STUDY OF PLATEAU STATE.

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