Assessment Of Internally Generated Revenue And Taxable Capacity Of Kagarko And Kaduna North Local Government Areas Of Kaduna State

📄 Project Abstract

Local governments occupy a position of importance in the lives of their residents. This is because local governments are saddled with the responsibilities of providing essential public goods and services which have positive impact and directly affect the day-to-day lives of their inhabitants. Such services include; protection of peoples lives and properties, establishment and maintenance of schools, health centers, markets, cemeteries, construction of feeder roads and drainage. These statutory functions would not be achieved without adequate fund. In order to finance these primary responsibilities local governments in Nigeria have two sources of revenue, namely, internal and external sources. However, internally generated revenue of local governments in Nigeria is very low and the 1985 federal government committee on the review of local government administration in Nigeria recommended that viable local governments should be capable of generating at least 50% of their annual recurrent e...