An Appraisal of Revenue Collection Methods in Government Establishment

An Appraisal of Revenue Collection Methods in Government Establishment

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Abstract on An Appraisal of Revenue Collection Methods in Government Establishment

Revenue collection method in most government establishment has over the years been the bane of the old Anambra State government in achieving optimum internally generated revenue for both recurrent and capital development.  This forced the government to dissolve most of her boards and commissions in 1981 as well as set Revenue Commission and of investigation and recovery of government funs and property in 1984.  Even this system were also upheld by present Military Government in the effort to increase the revenue base of the government.

Sequel tot he economic hardship affecting the budget speech emphasized that each sate government should diversify its revenue sourange.

Hence, new revenue source were identified such as introducing new products in the catering department, contractors fees, suppliers non-refundable fees, while old revenue sources was increased to meet up with the economic trend.  The hospital hopes to collect millions of naira annually from the collection of hospital fees and others from patients.

The survey area was University of Nigeria Teaching Hospital, where 150 questionnaires were administered to the revenue clerks and accounting officers in the hospital.  The questionnaire collected information in personal data, maturational devices method of revenue collection.

This study therefore was an attempt to find out how far the university of Nigeria Teaching Hospital, Enugu method of revenue collection achieved the objectives of the hospital.  The study sought answers to questions on the methods of collections.

Based on the findings, the following recommendations were made amongst others:

1.                 Employment of enough qualitative accounting and revenue clerks

2.                 Improvement of the accounting system

3.                 Provision of security escort during lodgments

4.                 The system of supervisory checks and the role of the internal audit in issuing receipts should be continued.

LIST OF TABLES      

1.                 DIAGRAM OF DAILY REVENUE CASH BOOK

2.                 DISTRIBUTION ON EDUCATIONAL QUALIFICATION

3.                 DISTRIBUTION OF SALARY GRADE LEVEL

4.                 DISTRIBUTION ON DESIGNATION OR RANK

5.                 DISTRIBUTION ON RISKINESS OF CARRYING CACH

6.                 DISTRIBUTION ON THE MEDIUM OF PAYMENT

7.                 DISTRIBUTION ON PAYMET INTO THE BANK

8.                 DISTRIBUTION ON ACCOUNTING TO THE MAIN CAHIER

9.                 DISTRIBUTION ON JOB SATISFACTION

10.            DISTRIBUTION ON ACCOUNTING EXPERIENCE

11.            DISTRIBUTION ON TRAINING PROGRAMME AND FACILITIES

12.            DISTRIBUTION ON THE EFFECTIVENESS OF THE COLLECTION SYSTEM

13.            DISTRIBUTION ON SECURITY ESCORT

14.            DISTRIBUTION ON ACCOUNTING RECORDS

15.            DISTRIBUTION ON SUPERVISORY CHECKING

16.            DISTRIBUTION ON FINANCIAL MALPRACTIES

Chapter One of An Appraisal of Revenue Collection Methods in Government Establishment

INTRODUCTION

BACKGROUND OF THE STUDY

There is no doubt that Nigeria is blessed with abundant human and material resources, but the problem with the country is the fact, that is various government since its independence in 1960, some 44 years ago have either inadvertently or otherwise refused to utilize these resources to its benefit.

Unfortunately, the abundance human and material resources of the country was mismanaged and the country thrown into foreign debts today.  Since 1984 emphasis has shifted from external borrowing to local or internal sourcing of the country’s revenue for both capital and recurrent expenditure of the government; Federal, States and Local governments.

Also Achebe, Chunua (1985:10) maintained that the dwindling receipt from Federal account owing to sharp drop in the price of crude oil, as a result of global oil glut.  Fall in total export earnings from about N4.1 billion in 1980 to N10.5 billion in dwindling export earnings and foreign exchange disbursement on imports escalated.

This resulted in a decrease in the federal government revenue allocation in the states and local governments.  In te old Anambra State in particular, the inheritance of a huge debt of about N1.83 billion from he civilian

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