Problems and Prospects of Local Government Internally Generated Revenue in Oyo State, Nigeria.

This thesis examined the efforts of 6 urban and 10 rural local governments at internal revenue generation in Oyo State. This was based on the premise that the ability of local governments in urban areas to generate revenue internally is much higher than those in rural areas due to the existence of i...

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Հիմնական հեղինակ: Adegboye, Michael Babatope
Այլ հեղինակներ: Aborisade, Oladimeji
Ձևաչափ: Թեզիս
Լեզու:անգլերեն
Հրապարակվել է: Obafemi Awolowo University 2014
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author Adegboye, Michael Babatope
author2 Aborisade, Oladimeji
author_facet Aborisade, Oladimeji
Adegboye, Michael Babatope
author_sort Adegboye, Michael Babatope
collection DSpace
description This thesis examined the efforts of 6 urban and 10 rural local governments at internal revenue generation in Oyo State. This was based on the premise that the ability of local governments in urban areas to generate revenue internally is much higher than those in rural areas due to the existence of industries and commercial activities. Parametric and non-parametric statistics were used to determine not only the disparity between rural and urban local government grouping efforts but also to ascertain the strength of the variables affecting revenue generation. The study sustained the hypothesis that the ability of urban local governments to generate revenue internally is greater than that of the rural local governments. It also revealed that there had been a noticeable trend towards improved revenue generation in urban and rural local governments in Oyo State and that population per se is not a decisive factor in generating revenue. The study however revealed that the most recurrent constraint to revenue generation relates to collection rather than to the size of the local government. It therefore suggested a periodic collection of revenue by revenue collectors trained in book-keeping and accounting. The study concluded that increasing the share granted local government in the Federation Account from 10% to 2C% in addition to increasing local government share of personal income tax will improve the financial positions of local governments in Nigeria.
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spelling oai:ir.oauife.edu.ng:123456789-36462023-05-13T11:04:01Z Problems and Prospects of Local Government Internally Generated Revenue in Oyo State, Nigeria. Adegboye, Michael Babatope Aborisade, Oladimeji Revenue generation Federation account/ book keeping accounting local government This thesis examined the efforts of 6 urban and 10 rural local governments at internal revenue generation in Oyo State. This was based on the premise that the ability of local governments in urban areas to generate revenue internally is much higher than those in rural areas due to the existence of industries and commercial activities. Parametric and non-parametric statistics were used to determine not only the disparity between rural and urban local government grouping efforts but also to ascertain the strength of the variables affecting revenue generation. The study sustained the hypothesis that the ability of urban local governments to generate revenue internally is greater than that of the rural local governments. It also revealed that there had been a noticeable trend towards improved revenue generation in urban and rural local governments in Oyo State and that population per se is not a decisive factor in generating revenue. The study however revealed that the most recurrent constraint to revenue generation relates to collection rather than to the size of the local government. It therefore suggested a periodic collection of revenue by revenue collectors trained in book-keeping and accounting. The study concluded that increasing the share granted local government in the Federation Account from 10% to 2C% in addition to increasing local government share of personal income tax will improve the financial positions of local governments in Nigeria. 2014-06-25T10:27:41Z 2018-10-29T11:58:41Z 2014-06-25T10:27:41Z 2018-10-29T11:58:41Z 1987 Thesis APA http://localhost:8080/xmlui/handle/123456789/3646 en pdf application/pdf Oyo State, Nigeria. Obafemi Awolowo University
spellingShingle Revenue generation
Federation account/
book keeping
accounting
local government
Adegboye, Michael Babatope
Problems and Prospects of Local Government Internally Generated Revenue in Oyo State, Nigeria.
title Problems and Prospects of Local Government Internally Generated Revenue in Oyo State, Nigeria.
title_full Problems and Prospects of Local Government Internally Generated Revenue in Oyo State, Nigeria.
title_fullStr Problems and Prospects of Local Government Internally Generated Revenue in Oyo State, Nigeria.
title_full_unstemmed Problems and Prospects of Local Government Internally Generated Revenue in Oyo State, Nigeria.
title_short Problems and Prospects of Local Government Internally Generated Revenue in Oyo State, Nigeria.
title_sort problems and prospects of local government internally generated revenue in oyo state nigeria
topic Revenue generation
Federation account/
book keeping
accounting
local government
url http://localhost:8080/xmlui/handle/123456789/3646
work_keys_str_mv AT adegboyemichaelbabatope problemsandprospectsoflocalgovernmentinternallygeneratedrevenueinoyostatenigeria