Challenges And Prospect In Budgetary System In Public Service In Nigeria

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Challenges And Prospect In Budgetary System In Public Service In Nigeria


Abstract


This study was carried out to examine challenges and prospect in budgetary system in public service in Nigeria in federal ministry of education. Specifically, the study Analyze the effect of effective budgetary on development of the ministry of education in Nigeria. The study also, Find out the challenges and prospect of budgeting in the federal ministry of education. Lastly, the study Proffer solution to the challenges of budgetary in the public sector. A total of 30 responses were validated from the survey. From the responses obtained and analyzed, the findings revealed that Not using the right budgeting method is one of the challenges of budgetary in ministry of education. Also, dealing with deadlines and unpredictable changes is one of the challenges of budgetary in ministry of education. Finally, Monitoring and adjusting budget is another challenges of budgetary in ministry of education. The study hereby recommend That approved budgets should be religiously implemented without considering or accommodating the personal or selfish interests of different stakeholders in the political system. And also, That There is also the need to carry the people along during budget preparation and implementation.


Table of Content


  • Title Page
  • Certification
  • Dedication
  • Acknowledgement
  • Table of Content
  • List of Tables
  • Abstract

Chapter One:

Introduction

  • 1.1 Background of the study
  • 1.2 Statement of the problem
  • 1.3 Objective of the study
  • 1.4 Research Questions
  • 1.5 Research hypotheses
  • 1.6 Significance of the study
  • 1.7 Scope of the study
  • 1.8 Limitation of the study

Chapter Two:

Review of Literature

  • 2.1 Review of concepts
  • 2.2 Theoretical Framework
  • 2.3 Empirical framework

Chapter Three:

Research Methodology

  • 3.1 Research Design
  • 3.2 Population of the study
  • 3.3 Sample size determination
  • 3.4 Sample size selection technique and procedure
  • 3.5 Research Instrument and Administration
  • 3.6 Method of data collection
  • 3.7 Method of data analysis
  • 3.8 Validity and Reliability of the study

Chapter Four:

Data Presentation and Analysis

  • 4.1 Data Presentation
  • 4.2 Answering Research Questions
  • 4.3 Test of Hypotheses

Chapter Five:

Summary, Conclusion and Recommendation

  • 5.1 Summary
  • 5.2 Conclusion
  • 5.3 Recommendation
  • References
  • Appendix

Chapter One


Introduction

1.1 Background to the Study

Budgeting is an important concept that is pertinent to any organization (Schadone, 2012). In very generic terms also, Igbara, Tordee, Nwadike and Abuba (2016, p.1) described the budget as the distribution of resources (most often money) for certain purposes and as the word can be attributed to mean “Pouch” or “Purse”, a budget therefore is what is in the pouch. A budget to these authors is a measurable manifestation of a strategy for a defined period of time. It may include deliberate sales volumes and revenues, resources, quantities, costs and expenses, assets, charges and cash flows. It expresses strategic plans of government, business units, organizations, and activities or events in demonstrable terms. Igbara, Tordee, Nwadike & Abuba (2016, p.3) further highlighted:
“A budget is equally an authority for public officers to collect taxes, fees, charges and fines. It is also an authorization for the officials to spend public revenue as provided in the approved allocations and in accordance with the financial regulations. The authorization by the legislature promotes the principle of popular sovereignty. It also serves as an essential device for relating total expenditure to total revenue. A budget is a scientific means of quantification and measurement of services in terms of expenditure within a given period” The budgeting concept in fact possesses a public-sector origin. According to Igboeche (2017, p.52) therefore, the term “budget” is derived from an old English word Bougett which means a sack or pouch. It was a leather bag from which the British Chancellor of Exchanqer extracted this paper to the Parliament, the government’s financial programme for the ensuing fiscal year. Citing Omolehinwa (2005) Malgwi and Unegbu (2012, p.1) presented the same historical context of budget origins as follows: The word ‘budget’ originated from a French word, bougette, meaning little bag. In Britain, the word was used to describe the leather bag in which the Chancellor of the Exchequer used to carry to the parliament, the statement of government needs and sources. After several thoughts of consensus, the budget became the document contained in the bags which represent plans of government expressed in money and submitted to legislature for approval. For Sachdeva and Sogani (1980) in Ekhator & Chima (2015, p.2), the budget in modern times means a financial scheme or statement or the document which contains estimates of revenue and expenditure for a year. Ekhator and Chima (2015,) further amplified: This means that budget is a statement of the probable revenue and expenditure for the ensuing year, with financial proposal founded thereon. However, budget these days is something more than an estimate of revenue and expenditure. It has developed into an elaborate system of financial management which includes not only a plan of public revenue and expenditure but the whole of material finances which are disclosed in ministerial statement placed before the legislature and the orderly administration of the financial affairs of the government. Bhattacharya (2000) in Ekhator & Chima (2015, p.2) further highlighted that a budget is more than estimates of revenues and expenditures, but encompasses reports regarding how government managed affairs in the previous year, the condition of public treasury, programme of work for years to come and how such work should be financed. Ekhator and Chima (2015, p. 2) hence itemized the characteristics of budgets as follows:

  1. Clear identification of all activities to be carried out within the budget period;
  2. Accurate estimate of the resources required to carry out the activities identified;
  3. Allocation of funds amongst competing departments and activities along predetermined priorities; and
  4. Formulation of appropriate policies to guide and support the implementation of the budget.

1.2 Statement of the Problem

Over the years, public institutions have operated on a deficit budget. This has forced the institution to reduce the allocation to the user department and thus the implementation of the budget has been a challenge to the public institution. The funding level from the government was grossly understated over the years. Public institution had to use fund generated internally to complete some of the government initiated projects at the expense of other critical activities. The policy of releasing recurrent and development fund to public institution has been a hindrance to efficient administration of institution operation, therefore this research will embark on investigating the challenges and prospect in budgetary system in public service, using the Federal Ministry of Education as a case study.


1.3 Objective of the Study

The main objective of this study is to find out the challenges and the prospect of budgetary system in public service, specifically the study intends to:

  1. Analyze the effect of effective budgetary on development of the ministry of education in Nigeria
  2. Find out the challenges and prospect of budgeting in the federal ministry of education
  3. Proffer solution to the challenges of budgetary in the public sector

1.4 Research Question

  1. Is there any significant effect of effective budgetary on development of the ministry of education in Nigeria?
  2. What are the challenges and prospect of budgeting in the federal ministry of education?
  3. What is the solution to the challenges of budgetary in the public sector?

1.5 Research Hypothesis

  • Ho: there is no significant effect of effective budgetary on development of the ministry of education in Nigeria
  • Hi: there is significant effect of effective budgetary on development of the ministry of education in Nigeria

1.6 Significance of the Study

This research would provide the government and management in the public sector with an insight into the various approaches towards budgetary and how budgets could be used as a planning, control and performance measurement to ensure efficient utilization of resources. And also this study would be useful to the academicians, it will provide a useful basis upon which further research studies on budgetary could be conducted.


1.7 Scope of the Study

This study will be examine the challenges of budgeting in Nigeria public service and the prospect, concept and literatures on budgetary will be examined and also this research will use the federal ministry of education as a case study.


1.8 Delimitation of the Study

Finance for the general research work will be a challenge during the course of study. Correspondents also might not be able to complete or willing to submit the questionnaires given to them.

However, it is believed that these constraints will be worked on by making the best use of the available materials and spending more than the necessary time in the research work. Therefore, it is strongly believed that despite these constraint, its effect on this research report will be minimal, thus, making the objective and significance of the study achievable.


Chapter Five


Summary, Conclusion and Recommendation

5.1 Summary

In this study, our focus was to examine challenges and prospect in budgetary system in public service in Nigeria using federal ministry of education as a case study. The study specifically was aimed at highlighting the effect of effective budgetary on development of the ministry of education in Nigeria. Find out the challenges and prospect of budgeting in the federal ministry of education. Proffer solution to the challenges of budgetary in the public sector. A total of 30 responses were validated from the enrolled participants where all respondent are drawn from staff of federal ministry of education Abuja.


5.2 Conclusion

  1. Evaluation of current income and expenses is one of the solution to the challenges of budgetary
  2. Review your budget every few months until you get back on track.
  3. Sell unneeded assets
  4. Not using the right budgeting method is one of the challenges of budgetary in ministry of education
  5. Dealing with deadlines and unpredictable changes is one of the challenges of budgetary in ministry of education
  6. Monitoring and adjusting budget is another challenges of budgetary in ministry of education

5.3 Recommendation

Based on the responses obtained, the researcher proffers the following recommendations:

  1. That approved budgets should be religiously implemented without considering or accommodating the personal or selfish interests of different stakeholders in the political system
  2. That There is also the need to carry the people along during budget preparation and implementation

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Frequently Asked Questions


What are the main problems with the Nigerian budget implementation process?

This is the very first and prime problem that the Nigerian budget implementation process is faced with. Corruption has eaten deep into the roots of the Nigerian system that fighting it looks almost like a lost battle. Government officials entrusted with public funds think about themselves first and misappropriate the funds carelessly.

What are the public service reforms in Nigeria?

Public service reforms in 1999 for efficient service delivery. technological changes in the nature of work and globalisation. service delivery in Nigeria. A special report titled ‘Delivering transformation of the society. The SERVICOM initiative was born from the Commission’s report in 2003. Nigerians’. Its overall goal is to build a social contract

What is the perception of public service in Nigeria?

Findings showed that respondents had negative perception of public service in Nigeria both in terms of its operation and reward. Job security was perceived positively but corruption/bad behaviour in the public service was most perceived negatively.

What is the main problem of local government budget implementation?

This is a problem of concern especially in budget implementation at the local government level. Most of the local councils sources of income have been taken over by the state governments. They are small in size, hence, have little resources from which to generate resources internally.

What are the problems of budget implantation in Nigeria?

PROBLEMS OF BUDGET IMPLEMENTATION IN NIGERIA. Often times, projects inserted into our budget are elaborate and unrealistic. When such budgets enter the implementation phase, these approved white elephant projects become difficult to execute and maintain.

What is budget implementation in Nigeria?

See the Problems and Prospects of Budget Implementation in Nigeria. A budget is an estimate of government income and expenditure for a specified period of time, usually one year. It is a list or quantitative expression in a summary of likely income and expenses.

What is the main problem of local government budget implementation?

This is a problem of concern especially in budget implementation at the local government level. Most of the local councils sources of income have been taken over by the state governments. They are small in size, hence, have little resources from which to generate resources internally.

Why do government agencies in Nigeria lower their progress reports?

Some of the government agencies that execute projects in Nigeria tend to intentionally lower their progress reports on projects they are handling so that they can continue to inflate costs and collect more money from the government. Some even go as far as quoting significantly higher amounts than they have actually spent on such projects.

What’s happening to local government budgeting?

Student debt is at an all-time high. Unemployment rates look much like they did in 2007. Local governments are seeing rising expectations of the budget from their constituents. Whether local economies cycle up or down, experts urge municipalities to utilize resources available to them and budget for the future.

What are the major problems and controversial issues related to government budgeting?

The major problems and controversial issues related with government budgeting’s are reflected in the budgeting processes; particularly during budget preparation and approval stage. The overall objective of the study is to assess local government budget allocation process in Oromia regional state the case of Asella town.

What are the challenges facing local governments?

Implementation Strategy The challenges that exist for local governments are substantial. Introducing policy tools designed to improve the efficiency and effectiveness of local government will require strong leadership.

What is the most important issue in the budgeting process?

However, the most important issue is not only how the budget process is undertaken, but also the linkage between planning and budget process. 

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