International Journal of Academic Multidisciplinary Research (IJAMR)
  Year: 2021 | Volume: 5 | Issue: 6 | Page No.: 54-62
Assessment of the Effect of Monetization of Fringe Benefits Policy on the Nigeria Federal Civil Service: A Case of the Federal Ministry of Education, Abuja
Ekwochi, Eucharia Adaeze, PhD, IPMA, IRDI, IMPD, Agbaji, Benjamin Chuwuma, PhD, Anzor, Edith Chima, M.Sc. B.Sc.

Abstract:
The study assesses the effect of monetization of fringe benefits policy on the Nigeria federal civil service; using the federal ministry of education, Abuja as study area. It seeks to find out if the monetization of fringe benefits has met the socio-economic needs of the Nigerian Civil Servants; examine the impact of monetization of fringe benefits on the job performance of the Nigerian Civil Servants. The primary source of data collection was based on the distribution of questionnaires to the 366 sample size utilized. These respondents were randomly selected amongst the staff of the Federal Ministry of Education, Abuja, using the Yamene 5% method. Data for this study were presented in quantitative and tabular format showing frequency and percentages of responses and chi-square (X²) test was utilized for the analysis of data generated from the questionnaire to draw inferences. Based on the assumptions (hypotheses), several findings were made, such as that the Nigerian Civil Service is still inefficient in spite of the reform, and that the continued inefficiency is linked to the fact that the policy impacted negatively on the socio-economic needs of the Civil service; On the basis of the above findings, recommendations were made such as that the government should ensure that the interest of the civil servants are protected in the policy implementation of the policy as was adumbrated in the policy objectives to ensure that the benefits of the policy really gets to those targeted unless of course the policy is for the elite by making, by balancing the desire to sell off the government quarters at a high rate and making it affordable to the civil servants whom the policy encourages to own their own houses.