FINANCIAL RESOURCES CONTROL AND OPERATIONS OF GOVERNMENT ENTERPRISES IN AKWA IBOM STATE

This study determined the extent to which financial resources control influence operations of government enterprises in Akwa Ibom state. Three research questions were answered in the study and three null hypotheses were tested at .05 level of significance. The population of the study comprised 676 employees’ government enterprises in Akwa Ibom North-East Senatorial District. Stratified random sampling technique was used in selecting a sample of 275 management staff. A structured questionnaire structured designed by the researcher was used for data collection. The questionnaire was face-validated by three experts in School of Business Skills. Cronbach’s Alpha Technique was used in determining the reliability of the instrument and a correlation coefficient index of 0.85 was obtained. Mean statistic was used in answering the research questions. Independent t-test statistic was used in testing hypotheses. The findings of the study reveal that financial resources control has a great influence on operations of government enterprises in Akwa Ibom state. Based on the findings, it is recommended among others that Managers should ensure that budgeting control are integral part of day-to-day operation and the employees are introduced to relevant budgetary skills and techniques to aid the operation of the business.