AN ASSESSMENT OF TREASURY MANAGEMENT PROBLEMS AND REMEDIES IN LOCAL GOVERNMENTS ( A CASE STUDY OF ADO -EKITI LOCAL GOVERNMENT) - UNIPROJECTS

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AN ASSESSMENT OF TREASURY MANAGEMENT PROBLEMS AND REMEDIES IN LOCAL GOVERNMENTS ( A CASE STUDY OF ADO -EKITI LOCAL GOVERNMENT)


ABSTRACT
          This study examines the assessment of treasury management problems and remedies in local government using Ado locale government as the case study. Questionnaires were used to collect data and supplemented with secondary data.
          The analysis revealed that the problems facing local government authorities are attributed to poverty and dwindling/scare resources (financial, manpower and leadership) relative inelasticity of income and local revenue, lack of administrative and development planning capacity. It is recommended that to get a favourable result in the treasury management, negative attitudes such as fraudulent act, misappropriation, e.t.c. should be changed into honesty and loyally towards the co-existence of the local government.

TABLE CONTENTS

Title Page                                                                                     i
Certification                                                                                 ii
Dedication                                                                                   iii
Acknowledgements                                                                      iv
Abstract                                                                                       vi
Table of Contents                                                                        vii
CHAPTER ONE
1.1     Background of the Study                                                             1
1.2           Statement of the Problem                                                   5
1.3           Objectives of the Study                                                      5
1.4           Scope of the Study                                                             6
1.5           Significance of the Study                                                   7
1.6     Distinguishing Between Hypothesis Research Question      7
1.7     Definition of Terms                                                           8
End Note                                                                            10


CHAPTER TWO
2.0     Literature Review                                                               11
2.1     Essential Characteristic of Treasury Management               11
2.2           An Overview of Ado Ekiti Local Government                   13
2.3   Sources of Funds of the Local Government Treasury           13
2.4     Function of the Local Government as Related to
Treasury Management                                                        15
2.5     The Management of the Local Government Treasury         17
2.6           The Roles of the Treasury                                                  18
2.7     The Role of Finance and General Purpose Committee       19
2.8     The Role of the Auditor                                                     20
2.9     Types of Auditing Work.                                                   20
2.10    Functions of Internal Auditor                                            20
2.11       Funds Management Committee                                          22
2.12    Finance and General Purpose Committee.                          23
2.13    The Executive Committee                                                  24
2.14       Board Of Survey at Local Government                              26
2.15    Local Government Audit Alarm Committee                       28
2.16    The Importance of Internal Control System
Treasury Management                                                        29
2.17    Review of Other Relevant Literature                                  30
End Notes                                                                          33
CHAPTER THREE
3.1     Research Methodology                                                       34
3.2     Research Design                                                                35
3.3.1     Data Collection                                                                  36
CHAPTER FOUR
4.0     Data Presentation, Analysis and Interpretation                   38
4.1     Introduction                                                                       38
4.2     Presentation and Analysis of Data                                      38
4.3     Test of Hypothesis                                                             55
4.3.1   Test of Hypothesis I                                                           56
4.3.2   Test of Hypothesis II                                                          56
4.3.3   Test of Hypothesis III                                                       59
CHAPTER FIVE
5.0     Summary, Conclusion and Recommendations                   61
5.1     Introduction                                                                       61
5.2           Summary of Findings                                                        61
5.3           Conclusion                                                                        62
5.4           Recommendations                                                             62
Bibliography                                                                      64
          Questionnaire                                                                    66

CHAPTER ONE
1.1     BACKGROUND OF THE STUDY
          Local Government in any nation like Nigeria is an entity through which government and its policies are carried to the grassroots. The governing body is selected or otherwise elected. It constitutes an integral part of country’s overall political structures.

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