BUDGET ALLOCATION SYSTEM: A CASE STUDY OF WARRI LOCAL GOVERNMENT AREA OF DELTA STATE [PDF]

CHAPTER ONE

INTRODUCTION

• BACKGROUND OF THE STUDY

Government of developing countries worldwide spends much time preparing elaborate poverty reduction focused budgets. But often times these are not or cannot be implemented. It is of greater recognition that budget implementation does not just happen automatically. There is need for quick budget implementation at the grassroots, especially at the local government level. A sound budget and budgeting control system is most crucial both for policy formulation and supervising of budget implementation. The benefits of administrative information necessary for monitoring appropriations and expenditures cannot be overemphasized. In our globalize world today it is very paramount to have a good. and sound budgetary control system which will aid In better management of funds available for implementation of developmental budgets.

1.2 STATEMENT OF THE PROBLEM

Advancements made in computer technology have made it a vital tool in helping to solve man’s problems. One of such problems is budgeting allocation and implementation.

Despite the effort of local government administrations to keep a tight control on the expenditures, there are so many lapses that are encountered. To ensure better transparency in revenues, expenditures and capital management. This project has therefore been developed and designed to serve as a framework for service delivery and a basis for reliable financial and other information to enable local governments to manage and be accountable for their own budget.

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