TABLE OF CONTENT
Title page i
Approval page ii
Dedication iii
Acknowledgment iv
Abstract v
Table of contents vii
Chapter One
Introduction 1
Chapter two:
Chapter three
Chapter four
Chapter five
Bibliography 31
CHAPTER 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.
1.3 SIGNIFICANCE OF THE STUDY
The inhabitants of the various local government areas of the nation (NIGERIA) will have the course to enjoy the affirmative results to certain extent of all or part of these problems to re3venue generation in local government are properly tackled. Hence such myriad of problem of revenue generation which also gives rise to untold hardship will generally be under control or a thing of the past.
This will become a tool for most local government area to a speedy set-up of some strategies which will enable them to generate their revenue easily and as well as executing their project effectively. This study will be of paramount significance to the society mostly to those students in school of financial studies (banking & finance) who are making or intending to carry out research in the problems that confront most local government in Nigeria on revenue generation.
This will also give potential market men and women as well as other residence of various local government areas to comply with their respective local government councils as regards payment of tax rates charges etc.
Finally it will enable the researcher to have an in-depth knowledge of the study. Therefore the significance of this study is by no virtue exhaustive.
1.4 DEFINITION OF TERMS
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