FEDERAL GOVERNMENT FINANCIAL ALLOCATION PLANNING AND ITS CONTROL IN AN EDUCATIONAL INSTITUTION (A CASE STUDY OF AKWA IBOM POLYTECHNIC)
This study examines the Federal Government financial allocation, planning and its control in an educational institution. It is aimed at proffering solutions to the challenges of allocation of funds in educational institutions. The questionnaire was used to record respondents’ responses. This is because it is effective in data collection. It was discovered that insufficient student welfare makes it difficult for some students to achieve their aims and objectives. It is also recommended that budget allocation for staff training and development should be enhanced as a tool for motivation.
BACKGROUND TO THE STUDY
Higher educational institutions especially in Nigeria are known for insufficient allocation of resources from government/stakeholder that set them up and other resources centres. In most instances, management of these institution fall challenges of having to apply in adequate resources to meeting the multidimensional objectives in producing good output. This has always been a serious process. This therefore necessitate the need to draw policies that will help in the management of this facilities. Consequently there is a need to also evaluate these
policies and its management in order to known its efficiency