International Journal of Academic Accounting, Finance & Management Research (IJAAFMR)
  Year: 2020 | Volume: 4 | Issue: 11 | Page No.: 128-136
Assessment of the Relationship between Budget and Budgetary Control and Performance in Local Government in Osun State, Nigeria
Jimoh, Jamiu Agbolade, Adeyemi, Adewumi Zaid, Olarinde Lukman Olalekan, Adegbola Muritala Makinde

Abstract:
This study focused on the assessment of the relationship between budget and budgetary control and performance in local government with study of Osun State, Nigeria. The specific objective is to examine the relationship between budget and budgetary control and performance in Local Government in Osun State.This study adopted a survey research design. The sampling techniques employed for this study are stratified and simple random sampling methods. Primary data was employed for this study. The primary data was obtained through properly structured questionnaire. The data collected was analyzed using descriptive and inferential statistical techniques. In descriptive statistics, simple frequency and percentages were used to answer the research questions while the inferential statistics was used to test the hypothesis generated for the study. The study found significant relationship between Implementation of Budget and Budgetary Control system and effective performance in the Local Government in Osun State. The study concluded that the Local Governments in Osun- State, South-West, Nigeria should adopt and fully implement budget for successful control, transparency and accountability of public funds so as to avoid mismanagement and misappropriation of fund. The study recommended that government should put in place proper mechanism for compliance with budget at Local Government; there should not be operation of below the line accounts at Local Government for the purpose of achieving the set target by the government.