IMPACT OF PUBLIC FUNDS MANAGEMENT AND CONTROL ON NIGERIA’S ECONOMIC DEVELOPMENT
Abstract
This research work is focused on the impact of public funds management
and control on Nigeria’s economic development. The objective of the
study, among others was to examine the extent to which public funds mismanagement has affected Nigeria’s economic development. It investigated the response of Warri South Local Government Secretariat, Delta State. Primary data were obtained through the administration of structured questionnaire; likewise secondary data were also obtained from textbooks and articles. The data were analyzed and interpreted using descriptive statistics and contingency test of chi-square test. The result obtained from the research revealed that there is a significant relationship between effective funds management and control and economic development. Based on findings, it was recommended that there should be increasing transparency in fiscal management process through community engagement, interaction and interactive collaboration among all stakeholders.
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