Research
Revenue Generation: Itas Impact on Government Developmental Effort (A Study Of Selected Local Council In KOGI East Senatorial District)
Local government is faced with varieties of difficulties to source adequate revenue from federal government, state government and internally generated revenue; such problems are cogwheel to the smooth running of local government administration. Thus, the objective of the research was to analyze the extent to which revenue generation had affected the development of the selected local Governments. The researcher used both primary and secondary methods of data collection to generate the needed data. The data obtained through secondary data were analyzed using simple least square regression method (spss version17). The following were some of the findings which included the following; there is a significant relationship between revenue generated and developmental effort of government, poor development of the areas, lack of basic social amenities to the rural people and lack of revenue to maintain the existing infrastructures. The researcher therefore recommended that the local government should provide basic amenities of high quality. By doing so, the people’s interest would be geared towards giving their maximum support to the local government which would lead to the development of the rural area?
An Assessment of the Impact of Contributory Pension Scheme to Nigerian Economic Development
This research work is focused on the assessment of the impact of Contributory Pension Scheme to Nigerian Economic Development with relevance to Pension Fund Manager. The objective of this study was to examine how contributory pension scheme influence the Gross Domestic Product (GDP) in Nigeria. More so, this study is aimed at suggesting the best reliable way for tackling or handling the fear that the funds or Retiree Savings Account (RSA) contribution can be mismanaged by the existing trustees. The main problem of the study was centered on the nature and effect of risk prevailing in the pension assets management. The researcher designed the study using survey design and sample size was taken as 30 and 70 for both staff and customers respectively. Data were collected from both primary and secondary sources and analyzed using percentage. The researcher adopted correlation analysis for testing secondary data and ANOVA for the primary data. The result of correlation analysis using t-test revealed that Contributory Pension Scheme (CPS) has significant impact on the GDP while the result of ANOVA revealed that risk prevalent has positive effect on the pension fund management. The researcher therefore, recommends that the Pension Fund Administrators should invest in less risky portfolio to enhance prompt payment of pension to retirees.
