Resource Allocation and the Problem of Utilization in Nigeria: An Analysis of Resource Utilization in Cross River State, 1999-2007

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Resource Allocation and the Problem of Utilization in Nigeria: An Analysis of Resource Utilization in Cross River State, 1999-2007

Abstract:

This research examines the problem of Resource Allocation and Utilization within the ambit of fiscal federalism in Nigeria from the perspective of Cross River State between 1999 and 2007. The analysis of the political economy of resources allocation and utilization in the State was adopted to underscore the problem and prospects of public resource utilization within the period under study. After consulting relevant literature on the subject matter, there is much evidence to show that researchers have tended to concentrate more on resource allocation within the Nigerian fiscal practice with little or no emphasis on utilization. The study therefore, revealed that the problem of Cross River State does not lie with resource inadequacy alone, but mainly with ineffective and inefficient utilization of resources. In examining the problem, the elite’s theory is used to operationalise the extent to which public resources were utilized in Cross River State during the period under study. By way of explanatory research predicated on systematic interpretation of relevant data obtained from both primary and secondary sources gotten from documentary sources, interviews, and informed personal observation of the researchers, the study found out among other things that: the problem of development and good governance in Cross River State lies squarely with the problem of resource misallocation and mal-utilization by the political elites who control power. The perennial problem of underdevelopment in Cross River State is a direct consequence of resource misallocation and Mal-utilization. To mitigate this indentified problems, the study make a strong case for the propagation of the ideals of fiscal responsibility, transparency, accountability in public resource utilization in Nigeria and particularly in Cross River State

Resource Allocation and the Problem of Utilization in Nigeria: An Analysis of Resource Utilization in Cross River State, 1999-2007

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