Physical Infrastructure Development: A Critique on Budgeting
Techniques

Mac-Barango; D. O.

Physical Infrastructure Development: A Critique on Budgeting Techniques

Mac-Barango, D. O.

Abstract

Budgeting techniques can have considerable impact on successful infrastructure delivery. This research using the traditional incremental line-item approach, as well as empirical models derived therefrom appraises budgetary allocations to public secondary schools; this is with a view towards evaluating the significance of the allocations as well as the efficacy of the adopted technique. The research also draws a critique on various other budgeting techniques. Research findings revealed that the budgetary allocations within the time series were inadequate. The research concludes that the traditional line item budgeting technique would appear to explain the established non significance of the models as well as the inadequate capital funding. The research recommends further exploratory studies on the usage/adoption of other budgeting techniques as well as innovative reforms in budgetary allocations for infrastructure development.

Keywords

(i) Physical Infrastructure Development(ii) Secondary Schools(iii) Budgets and Budgetary Allocation(iv) Traditional Line-Item Technique(v) Other Budgeting Philosophies

References

Anyadike, I. E. (2002): Towards An Elegant Model for Efficient Allocation of Resources: 20 th Biennial Conference. Theme: Building the Blocks of National Development, Challenges, Conflicts and Prospects organized by the Nigerian Institute of Quantity Surveyors from Wednesday 30 th October to Saturday 2 nd November, 2002 at Oba Akenzua Cultural Complex/Motel Benin Plaza, Benin City. Anyadike, E and Moneke, G. O. (2000): Extract of the Communique. During A 2-day Workshop on Budgetary Planning for Capital Projects and Construction Contract Auditing. Organized by the Nigerian Institute of Quantity Surveyors at the International Conference Centre, Abuja. Wednesday 25 th to Thursday 26 th August 1999. Buhari, A. L. (1993): “Straight to the Point. Ican/Polytechnic Public Finance. KMPG, Peat Meat Marwick and Ogunde Consultants. Lagos Nigeria PP 53-247. Cornel C. (2011): The Importance of Secondary Education Accessed online on 1 November 2016 from http://ezinearticle.com

Physical Infrastructure Development: A Critique on Budgeting Techniques

Abstract

Keywords

References

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