INTERNALLY GENERATED REVENUE AND THE ECONOMIC DEVELOPMENT OF UYO LOCAL GOVERNMENT AREA OF AKWA IBOM STATE
Abstract
ABSTRACT
This study determined the relationship between internally generated revenue and economic development in Uyo Local Government Area. Specifically, the study sought; to determine the relationship between internally generated revenue and job creation in Uyo Local Government Area, to examine the relationship between internally generated revenue and project funding in Uyo Local Government Area and to ascertain the relationship between internally generated revenue and service delivery in Uyo Local Government Area. The study employed survey research design to collect data from 400 respondents gotten from the population of the study which was 474001. The instrument for data gathering was a structured questionnaire designed in line with the objective of the study. The data collected were analyzed using frequency tables, simple percentages, and chi-square was used in testing the hypotheses. Findings from data collected revealed that; there is a significant impact of internally generated revenue on the economic development in Uyo local government area. Also it can be concluded that there is a significant relationship between internally generated revenue and job creation in Uyo Local Government Area, there is a significant relationship between internally generated revenue and project funding in Uyo Local Government Area and there is a significant relationship between internally generated revenue and service delivery in Uyo Local Government Area. The study recommends among others that; the local government should expand its means of income generation in a bid to increase job opportunities for the benefit of residents in Uyo local government area, internally generated revenue by the leaders of Uyo local government area should be properly accounted for so that they do not search for financial support in times of needs for project funding.
Full-Text Access Notice
In accordance with the NERD Policy on promoting peer-reviewed publication, public access to the full text of a project, thesis or dissertation is restricted for three years, allowing the author and supervisors sufficient time to pursue peer-reviewed publication.
During this period, researchers with legitimate academic or research purposes may request authorisation directly from the author to enable NERD to release the indexed full texts of the work using the form below.