REVENUE GENERATION IN LOCAL GOVERNMENT AREAS (PROBLEMS AND PROSPECT)
in ACCOUNTING PROJECT TOPICS AND MATERIALS on September 5, 2020CHAPTER ONE
INTRODUCTION
1.1 STATEMENT OF PROBLEM
Local government council as third and last tier of government is faced with this primary function of bringing as close as possible the impact of government to people of a particular locality. Impacts such as government regulatory policies government protected service government development projects e.g. road net work hospitals school markets pipe borne water etc.
This primary function of the local government has in recent times faced a lot of set back due to insufficient revenue emaciating from the councils liability to generate (internal) revenue from the local dwellers. This problem cannot be over- emphasis as it has become a major concern to both he state and federal government
In relation to the above stated problem the researcher will be investigating on why and how this problem can be tackled for be tackled for better efficiency of the local government.
1.2 RATIONALE OF THE STUDY
This study “Revenue generation in local government Areas is considered necessary for various essential reasons. As a matter of fact since we all know that development of any area depends on the revenue generated. This revenue generation in local government area enables the area to carry out some development project such as electricity water and road construction project etc.