Rural development

CHALLENGES OF REVENUE GENERATION AND RURAL DEVELOPMENT IN NIGERIA: A CASE STUDY OF OVIA NORTH-EAST LOCAL GOVERNMENT AREA, EDO STATE

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Abstract
This study examined the challenges of revenue generation and rural development in Nigeria: A case study of Ovia North-East LGA, Edo State. The data collected were presented in a tabular form with focus on the major research questions which enabled the researcher determine the results. The findings from the study revealed that Ovia North-East LGA raises loans for incurring capital development programme that are within their statutory functions, lack of capacity of Ovia North-East LGA to fulfil the aspiration of their communities are caused by lack of adequate resources, the role of the state governors in the affairs of Ovia North-East LGA results in the ineffective implementation of its developmental programmes, bad local government politics affects the implementation of development programmes in Ovia North-East LGA, Ovia North- East LGA has facilitated rapid development at the grass-root. The study recommended that efforts should be enhanced by the local government towards generation of internal revenue so as to meet the yearnings and aspiration of the people at grassroot level; local government should encourage the collection of IGR through the application of modern equipment’s and electronics means; local government should also find a means of closing up the loopholes and discourage frauds among the revenue collectors and the tax payers; local government should embark on the establishment of some mini-sized industries that will provide employment opportunities to the people. The participation in agriculture will encourage the inhabitants of local governments to improve their standard of living on one hand, and to improve the revenue base of local governments on the other hand. The study concluded that local government which is mostly endowed with natural resources should be allowed to persuade foreign investors for the much desired development at the local level, and any restructuring of this tier of government must as a necessity be done in concert with the generality of the people, while every autonomous community in Nigeria should constitute a level of governance, as this will facilitate rapid development of Nigeria and bring about dividends of democracy nearer to the people. Therefore, the effective management of generated revenue is also a fundamental issue in the provision of services to the local populace, so revenue generation is not an end in itself in determining service provision, but proper utilisation is also a great determinant
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