AN ASSESSMENT OF TREASURY MANAGEMENT PROBLEMS AND REMEDIES IN LOCAL GOVERNMENTS

AN ASSESSMENT OF TREASURY MANAGEMENT PROBLEMS AND REMEDIES IN LOCAL
GOVERNMENTS 

CALL 07064961036

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

 

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