Design And Implementation Of Computerized Economic Growth Monitoring System (Case Study Of Federal Ministry Of Finance)

Project and Seminar Material for Computer Science and Computer Engineering

Design And Implementation Of Computerized Economic Growth Monitoring System (Case Study Of Federal Ministry Of Finance)


Abstract


Federal Ministry of Finance has always monitoring how economic growth is moving in this Nation. After the granting of internal autonomy to regions in 1946, there have been subsequent fiscal commission, military decrees Actes of Parliaments that reviewed both dreamed earning structure for Government. In the cause of this research work”. Design and implementation of Computerized Economic growth monitoring system Federal Ministry of Finance”, economic growth as constituent of revenue allocation has been checked in relation to the Federal Ministry of Finance (F.M.F) of the sectors that contributes more percentage to the ministry economy.

Indeed, up to the time of work, the issue of economic growth increment or amendment in salary structure came to shape focus with little or no counter check consequences viz: wage and price and employment; And money multiphers. Both the tiers of Government and the various workers union have refused to be amenable to Nigeria Financial trends haven observed that in recent years, the petroleum sector has become the main stay of Nigeria economy, in the fiscal year, 1964/67. However, it’s found that computer economic.


Table of Content


  • Title page
  • Abstract
  • Table of content

Chapter One

Introduction

  • 1.1 Background of the study
  • 1.2 Statement of the problem
  • 1.3 Purpose of study
  • 1.4 Aims and objective of study
  • 1.5 Scope of the problem
  • 1.6 Limitation of the study
  • 1.7 Assumption
  • 1.8 Definition of term

Chapter Two

Literature Review


Chapter Three

Description and Analysis

  • 3.1 General description of the existing system
  • 3.2 Methods of data collection used
  • 3.3 Objectives of the existing
  • 3.4 Organization structure
  • 3.5 Input, process and output analysis
  • 3.6 Information flow diagram
  • 3.7 Problem of the existing system
  • 3.8 Justification for the new system

Chapter Four

Design of the New System

  • 4.1 Output specification and design
  • 4.2 Input specification and design
  • 4.3 File design
  • 4.4 Procedure chart
  • 4.5 System flowchart
  • 4.6 System requirements

Chapter Five

Implementation of the New System

  • 5.1 Program design
  • 5.2 Program flowcharts
  • 5.3 Pseudo codes
  • 5.4 Source program listing
  • 5.5 Test run

Chapter Six

Documentation

  • 6.1 System description
  • 6.2 Program description
  • 6.3 User guide

Chapter Seven

Conclusion and Recommendations

  • 7.1 Conclusion
  • 7.2 Recommendation
  • Bibliography

Chapter One


Introduction

1.1 Background of Study

The federal ministry of finance was established in 1958 by the finance (control and management) ordinance, to replace the finance department. The ordinance conferred on the ministry the responsibility for the control and management of the public finance of the federation. In the 1080, attempts were made to re-organize the finance ministry either by existing some of its departments or ceding others to it. For example, in 1980 Budget office became an extra Ministerial Department under the executive office of the president and headed by a special Adviser to the president on Budget matters from 1987, the Budget office functioned once again under the ministry of finance and was surprised by its own merged with the ministry of National planning to form the office of Budget and planning in the presidency under ministry of state. Then in 1991, the Budget office was excised again from the ministry of budget and planning and returned to the ministry of finance where it is to date.

In the case of the customs, it was a department in the ministry of finance until 1985 when it was transferred to the Ministry of Internal Affair where it was managed under the customs, immigration and prisons services board, however, in 1992, customs was returned to the jurisdiction of the ministry of finance.

The revenue department is made up of three division namely Revenue Division, Petroleum Division and Research and Statistic Division. Given this background, the function of the department include monitoring, analyzing and reporting of the revenue inflow as from oil and non-oil revenue source.

In addition, the federal ministry of finance carries out revision exercise on monthly and quarterly basis, in respect of revenue from the sources (customs and excise including levies, company income tas, federal government independent revenue earned by Ministry / Parastatal and operating surplus from major government parastatals.


1.2 Statement of the Problem

Every organization is comprised of individuals that are recruited to offer diverse kinds of services, the cost of acquiring this task is translated into the payment made for carrying out this services.

Economic Growth Monitoring is an important aspect of any developing country particularly Nigeria, specifically. The federal Ministy of finance which is in the position to monitor and forecast Economic Growth has for sometime now been running their office activities manually. Thus the Federal Ministry of Finance is associated with the following bottlenecks.

  1. As identified in the case study, on proper attempt has been made to describe the Nigerian Economic Growth in relation to the nations development.
  2. Quacks staffs carrying out the Economic Growth monitoring activities in the ministry: summarizing, analyzing and collection of raw data.
  3. Poor record documentation
  4. Non-computer literate staffs
  5. Inaccuracy in Economic Growth Forecasting

1.3 Purpose of the Study

The purpose of carrying out this research in this topic is as stated below

  1. To demonstrate that computer can actually eradicate some abnormalities in Economic Growth Monitoring system in the Federal Ministry of Finance.
  2. To show the efficiency of computering Economic Growth Monitoring.
  3. Amongs all to computerize the Economic Growth Monitoring process in federal ministry of finance.

1.4 Aims and Objective of the Study

Having identified some major problems in the Federal Ministry of Finance, the objective of this study is thus stated as follows:

  1. Properly analyze the problem of the present system.
  2. Design and develop a computer-based solution for Economic Growth Monitoring system that will help to forecast economic growth properly.
  3. Develop a program that describes the economic growth in numerical terms; gross domestic, and inflation rate (increasing or decreasing) wage, price and employment.

1.5 Scope of the Problem

This research is restricted to the federal ministry of finance in economic growth monitoring. Although it ought to cover the whole of the ministry in the federation, but due to time, finance and other logistics I had to limit myself to Enugu state branch.

In economic growth monitoring, several processes are adopted, depending on the need. Partitioning of organization in one of such.


1.6 Limitation of the Study

In views of the problems with the system, insufficient materials to carryout the research study were also a constraint. Poor attitude of the staffs in the ministry to give useful information was poor. Time and finance were also factors that militated against this research work.


1.7 Definition of Terms.

Program:

Sets of instruction that put the computer hardware component to function.

Database:

Collection of related records that are stored for easy retrieval in a defined storage location.

System Flowcharts:

The logical flow of step wise procedures of solving a problem in computer programming.


Chapter Seven


This research work has been tested and found void of errors in processing within its limit of operations hence the researchers highly recommends it for any ministry, financial institution, and all data processing companies. The researcher also hereby recommends that the federal ministry of finance to turn to Electronic Data processing (EDP) systems. I or automated is to discover and implement a tool that will diametrically improve the productivity of the workers and the quality of work produced.

The inadequate period of time at my disposal was my major handing during the cause of the project. It was further compounded by the competition of other academic engagements for my short time resources was thus incapable of attaining most of the goals that I had set for myself.

However, I propose certain ideas that any future researcher on this topic would find invaluable to their endeavour. The foundation of database application is the concept of data bring every valuable resources to any organization. In that view I recommend that the safety of information within the Economic Growth Monitoring System be ensured in a systematic manner. Adequate means of “baking u” disc files should be done at each run time. Preferably, the back up process should be done during the up-date routine and the resulting files dumped onto a secondary storage device. Hence, when any of the files in use are lost or accidentally destroyed, the update program can be used to retrieve the duplicate stored in the back-up.


7.1 Conclusion

Due to the numerous difficulties involved in computerizing a manual system, it is imperative that the analyst commences with an explicit and unambiguous definition of the functions, objectives and limitations of the current system. This is so because it is easy to lose sight of the actual direction the study should follow when buried under a heap of tedious tasks. Applying this technique as a foundation of your research would help to maintain clear vision of the study’s purpose. Whether the task involves modifying the mode operation of an existing system or designing a system for a new establishment, the approach should be the same; the udnelying theme is tailoring the system to the organizations needs and requirements. These were the guiding principles that influence this project.

Though computers provide a lot of flexibility. I was nonetheless contains in pronouncing them as a remedy to the ECONOMIC GROWTH MONITORING SECTION’S IN FEDERAL MINISTRY OF FINANCE short coming. I did not asant to unduly impose computers on the users merely for cosmetic purposes.

However, as the study advanced, so did the conviction grow that any hypothesis was consistent with the result obtained. I’m therefore confidant in stating that Federal Ministry of Finance Enugu needs a more realistic computerization if it is going to be capable of performing at efficient levels.


7.2 Recommendation

However, I propose certain ideas that any future researcher on this topic would find invaluable to their endearvour. The foundation of database application is the concept of data being a very valuable resources to any organization. In that view I recommend that the safety of information within the Economic Growth Monitoring system be ensured in a systematic manner. Adequate means of “baking u” disc files should be done at each run time. Preferably, the back up process should be done during the up-date routine and the resulting files dumped onto a secondary storage device. Hence, when any of the files in use are lost can be used to retrieve the duplicate stored in the back-up.


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