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FEDERAL GOVERNMENT FINANCIAL ALLOCATION PLANNING AND ITS CONTROL IN AN EDUCATIONAL INSTITUTION

FEDERAL GOVERNMENT FINANCIAL ALLOCATION PLANNING AND ITS CONTROL IN AN EDUCATIONAL INSTITUTION

(A CASE STUDY OF KADUNA POLYTECHNIC)

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ABSTRACT

This study examines the Federal Government financial allocation, planning and its control in an educational institution. It is aimed at proffering solutions to the challenges of allocation of funds in educational institutions. The questionnaire was used to record respondents’ responses. This is because it is effective in data collection. It was discovered that insufficient student welfare makes it difficult for some students to achieve their aims and objectives. It is also recommended that budget allocation for staff training and development should be enhanced as a tool for motivation.

 

TABLE OF CONTENTS

CHAPTER ONE: INTRODUCTION

  1. General background to the study                                                 1
  2. Statement of the problem                                                             1
  3. Objective of the study                                                                  5
  4. Research Questions                                                                      6
  5. Significance of the Study                                                            6
  6. Scope and Delimitation                                                               8
  7. Definition of Terms                                                                     9
  8. Summary                                                                                     10

 

CHAPTER TWO: REVIEW OF RELATED LITERATURE   

  1. Introduction                                                                                 11
  2. Brief history  of Kaduna Polytechnic                                           11
  3. Budget Preparations                                                                     16
  4. Type of budget in public sector                                                   21
  5. Difference between public and private sector budget                    23
  6. Summary                                                                                       28

 

CHAPTER THREE: RESEARCH METHODOLOGY

  1. Introduction                                                                                   30
  2. Research designs                                                                           30
  3. Methods of data collection                                                           31
  4. Methods of data analysis                                                    32
  5. Summary                                                                                     32

 

CHAPTER FOUR: DATA PRESENTATION ANALYSIS AND INTERPRETATION

  1. Introduction                                                                       33
  2. Presentation of Data                                                                     36
  3. Testing of Hypothesis                                                                  42
  4. Findings                                                                                      43
  5. Summary                                                                                     44

 

CHAPTER FIVE: SUMMARY, CONCLUSION AND RECOMMENDATION

5.0     Introduction                                                                       46

  1. Summary                                                                                     46
  2. Conclusions                                                                       47
  3. Recommendations                                                             47

Appendix                                                                                     50

 

 

 

CHAPTER ONE: INTRODUCTION

  1. BACKGROUND TO THE STUDY

Higher educational institution especially in Nigeria are known for insufficient allocation of resources from government/stakeholder that set them up and other resources centres. In most instances, management of these institution fall challenges of having to apply in adequate resources to meeting the multi-dimensional objectives in producing good output. This has always been a serious process.

 

This therefore necessitate the need to draw policies that will help in the management of this facilities. Consequently there is a need to also evaluate these policies and its management in order to known its efficiency.

 

  1. STATEMENT OF THE PROBLEM

The roles and high educational institutions in achieving national objectives can best be expressed as a series of tasks wich must be fulfilled.

They cannot be accomplished over night. These tasks are described as:

 

Passing on the heritage of the past.

  • When a child is born he begins a new personal existence, but he also joins an old established society. One of the roles institutions plays is to pass on to him the knowledge is very great. The present generation is deeply indebted to past generation for all past discoveries, inventions and accumulated experiences that have been handed down to them. Civilization would cease to exist if every the heritage of the past were with held from present.

In the past this heritage was past on through the family or by contact between individuals.

 

Today, the increased volume of knowledge and greater number of people acquiring it, requires extra schools in form of private institutions organized by individual and bodies.

 

Preparing for the future

  • To prepare pupils for living in the modern society, higher institutions must prepare individuals spirit, mind and body. Decent behaviour must be instilled, useful skills and healthy activities of the mind encouraged. These three things are necessary not just preparing the children for earning a living, but for coping with the problems of the society which they will soon find themselves as adult members and also putting purpose into living.
  • Education gives a satisfying purpose for all we lean and it keeps us from living a life that is purposeless and help us to show the people we teach that our labours in teaching them and their efforts at learning after for a better purpose than just making them skilled, but will help them to become man and woman of real understanding.
  • Higher institutions need to convince their pupils and student that life has purpose and education is worth while.

 

Training the Labour Force

  • Higher institution help the nation in developing low, middle and high level man power necessary for economic development. These higher institutions train a significant number of the country’s labour force such as technicians, accountants, confidential secretaries, typists etc.

The top management cannot function properly without the support of these categories of the labour force. They