IIARD International Institute of Academic Research and Development

Journal of Accounting and Financial Management (JAFM )

E-ISSN 2504-8856
P-ISSN 2695-2211
VOL. 9 NO. 8 2023
DOI: https://doi.org/10.56201/jafm.v9.no8.2023.pg46.58

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Effect of Accountability of MDAs on Sustainable Economic Development in Nigeria

Salisu Auwalu, Isah Sulaiman, Mahmud Mohammed Lele

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Abstract

Accountability in the public sector throughout the world is being given serious attention in view of the fact that the government is the highest spender of public fund. The aim of this study is to show that societies which exhibit the norms of unethical behavior and lack of accountability are more likely to encounter difficulties. Such difficulties would prevent the accomplishment of the sustainable developmental goals and objectives of government, thereby leading to lack of sustainable development. Data for the study was collected from primary sources through the use of questionnaires. The data collection is from the finance departments of ministries, department and agencies of the federal government located in Plateau state. A probability method of simple random sampling technique was employed in selecting the respondents to be administered the questionnaire. For the purpose of data analysis, the multiple linear regression analysis technique was adopted to determine the effect of accountability in public sector on sustainable economic development. From the analysis carried out it was found that accountability in MDAs has a significant effect on sustainable development in Nigeria and it was recommended that accountability should be integrated into all aspects of public sector especially MDAs management in order to preserve sustainable development and the public trust in government and its officials.

keywords:

Accountability, Monitoring and evaluation, Sustainable development

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