ASSESSMENT OF THE EFFECT OF FINANCIAL MANAGEMENT ON THE ACCOUNTABILITY OF LOCAL GOVERNMENT. A CASE STUDY OF KONDUGA LOCAL GOVERNMENT COUNCIL

ABSTRACT The study is an assessment of the effect of accountability on Financial Management of Local Government. A Case Study of Konduga . Borno state. Data for the study were collected from both primary and secondary sources. The primary data were gathered from the respondents through questionnaire while the secondary data were gathered from the internet, government records, periodicals, etc. The sample size of the study is 113 respondents and purposive sampling technique is employed to obtain the sample from the population under the study. The data collected for this study were analysed using both descriptive and inferential statistical tools. Descriptive statistical tools of tables, frequencies and simple percentage were used while inferential statistical tool of Pearson product moment correlation coefficient (PPMCC) was used to test the hypothesis. The findings of the study revealed that accountability has put to check the circumventing of due process in financial management and consequently reduced the level of waste of funds of the local government. The findings of the study also revealed that the local government officials are observing accountability relative to their positions of authority in Konduga local government council.The study concluded that, accountability has a strong and positive impact on financial management in local government. The study therefore recommended that, there should be adequate senstisation through workshops, seminars and lectures on the need for accountability and transparency in the local government and instill in them the virtues of prudent management of not only financial but all other resources of that tier of government.