ABSTRACT
Costing is aimed at producing information
on economics performance to assist managers to manage abnormal cost, which
might occur accidentally. The effective utilization of resources is amongst the
most important management activity in the established administration of the
public sector, not only in Abia States, but also in the present global
economics. This effective utilization of resources borders on the areas of
revenue; the implementation costs for public sector; materials movement and
management. The general objective of the study is an analytical investigation
into the role of cost reduction techniques in the public sector in Nigeria.
However, there arc specific objectives which the study investigated. These
specific objectives ascertained the problems militating against the cost
reduction techniques of the public sector; examine the cost reduction and cost
control techniques adopted in the public sector in Nigeria; analyzed the effect
of cost reduction on the revenue base o the public sector of the enterprise.
The study adopted a probability sampling method were Taro Yamen's formular was
used to compute a sample size of 255. A well structured questionnaire was used
to collect the data data for the study, which were later analyzed using
correlation model. The study concluded that the adoption of cost control in the
public sector enhances effective performance in the public sector in Nigeria.
And therefore recommended the adoption of cost control techniques in the
Nigerian public sector.
EZEOCHA, W (2021). Role Of Cost Control In The Public Sector Of Nigeria (A Case Study Of Ministry Of Works, Abia State). Mouau.afribary.org: Retrieved Nov 28, 2024, from https://repository.mouau.edu.ng/work/view/role-of-cost-control-in-the-public-sector-of-nigeria-a-case-study-of-ministry-of-works-abia-state-7-2
WISDOM, EZEOCHA. "Role Of Cost Control In The Public Sector Of Nigeria (A Case Study Of Ministry Of Works, Abia State)" Mouau.afribary.org. Mouau.afribary.org, 20 Sep. 2021, https://repository.mouau.edu.ng/work/view/role-of-cost-control-in-the-public-sector-of-nigeria-a-case-study-of-ministry-of-works-abia-state-7-2. Accessed 28 Nov. 2024.
WISDOM, EZEOCHA. "Role Of Cost Control In The Public Sector Of Nigeria (A Case Study Of Ministry Of Works, Abia State)". Mouau.afribary.org, Mouau.afribary.org, 20 Sep. 2021. Web. 28 Nov. 2024. < https://repository.mouau.edu.ng/work/view/role-of-cost-control-in-the-public-sector-of-nigeria-a-case-study-of-ministry-of-works-abia-state-7-2 >.
WISDOM, EZEOCHA. "Role Of Cost Control In The Public Sector Of Nigeria (A Case Study Of Ministry Of Works, Abia State)" Mouau.afribary.org (2021). Accessed 28 Nov. 2024. https://repository.mouau.edu.ng/work/view/role-of-cost-control-in-the-public-sector-of-nigeria-a-case-study-of-ministry-of-works-abia-state-7-2