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INNOVATIVE STRATEGIES FOR IMPROVING PRINCIPALS FINANCIAL MANAGEMENT IN SCHOOL IN NIGERIA
Abstract: The study focused on innovative strategies for improving principals’ management of schools. The syndrome of inadequate funds, poor organization and management has been perpetual cankerworm to school management. Management of financial resources of the school is an essential duty of the school principal. The sigificance of financial management, the role of the school principal in managing financial resources and poor government budgetary allocation form the focus of this paper. Particular attention is paid to Innovative Strategies requires of Principals in Financial Management of schools were centrally highlighted to include among others retaining a percentage of school charges under a school management board. The need for this study is to strategize ways of ensuring that principals’ financial management is enhanced amist inadequate funding in schools.
Key words: Innovative Strategies Principals Financial Management and Nigeria