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AN ANALYSIS OF FUND ALLOCATION, DISBURSEMENT AND UTILIZATION OF FUNDS

CHAPTER ONE

INTRODUCTION

  1. Background of the study

The present state of development in Nigeria higher institution has drawn the attention of scholars, stakeholders and interested parties around the globe. Association of senior staff union of university (ASSU) in the year 1992 after a long lasting industrial strike had an agreement with the federal government on how the universities would be funded but it seems the resolution on its part cannot alone solve the key problem faced by most universities.

The poor performance of most graduate from Nigerian higher institution has been hinged on the ground that, infrastructural decay which include; inadequate class room space for learning, no standard library for research, hostels that can accommodate 50% of student and skilled man-power that can run various activities within the system. In most cases more than 1000 student are given one single hall of 200 capacities for GES courses whereas the classes are not serene for learning. In another view the hostel space of a room is shared between 12 – 16 students for those that are opportune to acquire it therefor forcing student to prefer off-campus which at a short- run expose them to several distractions that affect performance at the long-run.

  1. Statement of the problem

There may have been previous researches in this subject. This work gives further explanations and analysis in an analysis of fund allocation, disbursement and utilization of funds in Delta state college of education, Agbor.

  1. Objectives of the study
  2. To understand the impact of fund allocation, disbursement and utilization of funds
  3. To understand the relationship between fund allocation, disbursement and utilization of funds
    1. Research questions
  4. What is the impact of fund allocation, disbursement and utilization of funds
  5. What is the relationship between fund allocation, disbursement and utilization of funds
  1. Research hypothesis

H0: There is no relationship between fund allocation, disbursement and utilization of funds

H1: There is a relationship between fund allocation, disbursement and utilization of funds#

  1. Significance of the study

This work will create more researched information for future researchers on the relationship between funds allocated and disbursed in the advancement of education.

  1. Limitations of the study

Uncooperative respondents, limited research time, far distance to cover are pretty much factors to consider.

  1. Definition of terms

Allocation:

the action or process of allocating or sharing out something.

Disbursement:

A payment, especially one made by a solicitor to a third party and then claimed back from the client.

Funds:

A fund is a pool of money set aside for a specific purpose

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