REVENUE GENERATION AND MANAGEMENT

ABSTRACT

This study examines revenue generation and management of Egor Local Government Area for Rural Development. This study adopted the survey research design which was used to source data from a sample of 400 respondents. The hypotheses were analysis using chi-square. The result indicated that the local government administrators are sincere the follow conclusion could be reached in no distant time in the LGA. The result revealed that there is significant relationship between improved strategies for revenue generation and development in Egor L.G.A of Edo State. The finding shows that there is significant relationship between efficiency in revenue generation and development in Egor Local Government Area of Edo state. The finding also revealed that there is significant relationship between adequate revenue generation and development of Egor Local Government Area of Edo state. The study recommends that the local government should enhance the internal revenue generation through introduction of additional sources of revenue available in the geographical area. The extant revenue sources available to the local government should be more prudently and diligently utilized. The local government can embark on some meaningful commercial undertakings which could generate more revenue as well as create employment opportunities for citizens. For example, poultry farming, animal husbandry, small and medium scale industries, commercial transport firms, to mention a few. This is expected to increase the internally generated revenue. The corrupt activities of the revenue collectors in the local government must be checked and curbed without further delay. Revenue collectors found wanting should be made to face the wrath of the law and dismissed from their services to deter others from committing such financial crimes. Necessary financial crime prevention mechanism must be put in place to achieve this sanity among them.