Implication of Budgeting and Budgetary Control on Infrastructural Development in Nigeria.

dc.contributor.authorFagbemi, T. O.
dc.contributor.authorAbogun, S.
dc.contributor.authorNoah, A.O.
dc.contributor.authorSakariyah, O.R.
dc.date.accessioned2021-06-07T11:53:24Z
dc.date.available2021-06-07T11:53:24Z
dc.date.issued2016
dc.description.abstractIn most developed countries, investment in infrastructures is a key determinant of economic growth and development. In Africa, Nigeria in this case is characterized as poor infrastructures due to an unsystematic investment in infrastructures development which has resulted to poor economic and social activities. On the other hand, budgeting is an exercise that is mainly concerned with the allocation of state resources amongst many competing societal needs. Therefore, this study examines the relationship between that exist between the government annual budgeting and infrastructures in kwara state. In achieving this objective and other specific objectives, two variables were identified; Budgeting, and Infrastructure. The primary source of data using a self-administered questionnaire was used, and a non-parametric tool. (Kendall tau test statistics) was adopted in examining the association between the study variables. The result of the hypothesis tested shows a kendall tau – b correlation of 0.52, signifying a positive but weak relationship between budgeting and infrastructural provision. It is therefore recommended that serious attention must be given to budgeting formulation, implementation and control in order to meet the infrastructural needs of the society.en_US
dc.description.sponsorshipSELF SPONSOREDen_US
dc.identifier.citation9. Fagbemi, T.O., Abogun, S., Noah, A.O. & Sakariyah, O. R. (2016): Implication of Budgeting and Budgetary Control on Infrastructural Development in Nigeria. International Journal of Accounting, Finance and Management. 1(1); 53-70, Published by Department of Accounting, College of Social and Management Sciences, Afe Babalola University, Ado-Ekiti, Nigeria.en_US
dc.identifier.urihttps://uilspace.unilorin.edu.ng/handle/20.500.12484/6037
dc.language.isoenen_US
dc.publisherDepartment of Accounting, College of Social and Management Sciences, Afe Babalola University, Ado-Ekiti, Nigeria.en_US
dc.subjectBudgetingen_US
dc.subjectBudgetary Controlen_US
dc.subjectInfrastructuresen_US
dc.subjectDevelopmenten_US
dc.subjectKendall-Tauen_US
dc.titleImplication of Budgeting and Budgetary Control on Infrastructural Development in Nigeria.en_US
dc.typeArticleen_US

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