International Journal of Research in Finance and Management
2021, Vol. 4, Issue 2
Revenue generation in some selected rural markets in Maiha local government area, Adamawa State-Nigeria
Hamisu Ali and Bashiru Umaru Ali
The study investigated revenue generation in some selected rural markets in Maiha LGA, the primary function of the LGA has in recent times faced a lot of setback due to insufficient revenue emaciating from the council liability to generate internal revenue from the local dwellers, the objective of this study is to investigate the level of revenue generation in Maiha LGA, the study employed primary method of data collection using structured questionnaire, two hundred questionnaires (200) were distributed in five (5) rural markets (Belel, Konkol, Koransa, Mayo Ngulli and Wuro Ladde) and one hundred and sixty (160) questionnaires were returned which represent 80% of the respondents in the study area. The result revealed that no specific sanction on any revenue officers in Maiha LGA that found his/her using local government funds for personal use, the revenue generated in the study area put toward financing some projects within the LGA, the rural markets was generating more than 70% of revenue received in Maiha LGA under review. Based on the following findings the following recommendations were made; local Government Council should rehabilitation of roads that link all the rural market since its generate more revenue to LGA, for easy accessibility, local Government Council should established law (punishment) on any revenue collector officers that divert the revenue generated for his personal use, Local Government Council should engage in more projects that is usually financing from the internal generated revenue within the Maiha LGA, also to adopt electronic method of revenue collection in order to avoid fraud since the rural Markets are yielding more revenue to the LGA.