Effective Budgeting System, and Efficiency in Management of Resources in the Nigerian Public Sector

Author

Abies Princess Ogieriakhi, Husseini Abalaka Faruna, Adesewa Adunni Solagbade, Quadri Ige Adeshola, Afeez Opeyemi Shoebi, Bala Alkali


Abstract

The study seeks to examine effective budgeting system, and efficiency in management of resources in the Nigerian public sector. The study employed the survey research design and data were obtained from primary source through the aid of questionnaires. The hypotheses were tested with the use of chi-square (X²). The test revealed that effective budgeting helps to ensure efficient management of public sector fund, budgeting is prepared in line with the objectives of Nigerian federal government plan, the period given for the submission of estimate form the different ministries is tax short and recommends that Government should ensure the independence of the committee preparing budget, it should be accountable only to the governor of the federal and also, when preparing budget the government or those in charge should ensure that the budget is prepared in line with the government plans for the year.


Keywords

Budgeting, finance, governance, public sector


DOI : https://doi.org/10.55248/gengpi.6.0725.2551


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References


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