Budgeting And Budget Implementation In Government Establishment In Abia State, Nigeria (A Study Of Abia State Ministry Of Finance)

OLUOHA ONYINYECHI | 67 pages (14564 words) | Projects

ABSTRACT

The study seeks to examine budgeting and budget implementation in government establishment in Abia State. The objectives of the research were to examine causes of increasing rate of poverty among rural people despite budget implementation, ascertain difficulties in budget processes and implementation and to examine the impact of budget implementation on government establishment. In order to achieve these objectives, primary and secondary data were used. The methodology adopted involved field survey using structured questionnaires. The data collated were analyzed using the SPSS 16 package for Microsoft Windows and displaying tables, percentage frequencies. Multiple regression analysis and Correlation was used to estimate the hypotheses vis-à-vis E-views 8.0 Statistical package. The findings of the research included that deviation of the actual expenditure from budgeted expenditure constituted inefficiency and difficulties in budget processes and implementation, poor and ineffective budgeting processes adopted by the Ministry of finance were the major factors responsible for failure of budgeting and its implementation. From the coefficient of determination, budgeted expenditure (overhead cost) revealed -2.304, while Annual budget expenses and administration was -60. 78388 which shows a negative impact. The paper therefore recommends that budgets should be presented in a clear form and with sufficient detail to be easily understood by all, budget must follow due process, be participatory, decentralization of budgeting process should be subjected to adequate effective control and supervision by a control authority. Finally for a budget to be implemented, it must meet up with its policies, objectives and strategies.

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APA

OLUOHA, O (2021). Budgeting And Budget Implementation In Government Establishment In Abia State, Nigeria (A Study Of Abia State Ministry Of Finance) . Mouau.afribary.org: Retrieved Nov 02, 2024, from https://repository.mouau.edu.ng/work/view/budgeting-and-budget-implementation-in-government-establishment-in-abia-state-nigeria-a-study-of-abia-state-ministry-of-finance-7-2

MLA 8th

ONYINYECHI, OLUOHA. "Budgeting And Budget Implementation In Government Establishment In Abia State, Nigeria (A Study Of Abia State Ministry Of Finance) " Mouau.afribary.org. Mouau.afribary.org, 30 Jul. 2021, https://repository.mouau.edu.ng/work/view/budgeting-and-budget-implementation-in-government-establishment-in-abia-state-nigeria-a-study-of-abia-state-ministry-of-finance-7-2. Accessed 02 Nov. 2024.

MLA7

ONYINYECHI, OLUOHA. "Budgeting And Budget Implementation In Government Establishment In Abia State, Nigeria (A Study Of Abia State Ministry Of Finance) ". Mouau.afribary.org, Mouau.afribary.org, 30 Jul. 2021. Web. 02 Nov. 2024. < https://repository.mouau.edu.ng/work/view/budgeting-and-budget-implementation-in-government-establishment-in-abia-state-nigeria-a-study-of-abia-state-ministry-of-finance-7-2 >.

Chicago

ONYINYECHI, OLUOHA. "Budgeting And Budget Implementation In Government Establishment In Abia State, Nigeria (A Study Of Abia State Ministry Of Finance) " Mouau.afribary.org (2021). Accessed 02 Nov. 2024. https://repository.mouau.edu.ng/work/view/budgeting-and-budget-implementation-in-government-establishment-in-abia-state-nigeria-a-study-of-abia-state-ministry-of-finance-7-2

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