IGR as a Panacea for Growth and Development of Anambra State Polytechnic Mgbakwu A Comparative Analysis of Government Tertiary Institutions in Anambra State

This study assessed if internally generated revenue is a panacea for growth and development of Anambra State Polytechnic, Mgbakwu. Specifically, the study examined if internally generated revenue IGR has helped in the growth of Anambra State Polytechnic Mgbakwu., the challenges facing Anambra State Polytechnic in generating sufficient IGR to supplement subventions been provided by the State government and if there is any relationship between IGR and growth of a government tertiary institution. Three hypotheses were formulated to guide this investigation and the statistical test of parameter estimates was conducted using Friedman's 2 Way ANOVA. The study anchored on transformational leadership theory adopted a descriptive survey design approach. Hence, data were collected using questionnaire survey administered to bursary department and internal audit department of Anambra State Polytechnic, Mgbakwu Nnamdi Azikiwe University, Awka Nwafor Orizu College of Education, Nsugbe Federal Polytechnic Oko and Federal College of Education Technical, Umunze. The empirical analysis of the study indicates that internally generate revenue IGR is a panacea for growth and development of Anambra State Polytechnic, Mgbakwu. Thus, IGR is considered as a determinable factor for assessment of growth and development in Anambra State Polytechnic, Mgbakwu. In lieu of the findings of the study, it was recommended that government at all sectors should grant full autonomy to every government owned institutions for full utilization and assessment of internally generated revenue. With this development, the growth of every government institutions is considered feasible. Modozie, C. Emmanuel | Anyadufu Anthony Onyeka | Molokwu Ifeoma Mirian "IGR as a Panacea for Growth and Development of Anambra State Polytechnic Mgbakwu; A Comparative Analysis of Government Tertiary Institutions in Anambra State" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-7 | Issue-4, August 2023, URL: https://www.ijtsrd.com/papers/ijtsrd59815.pdf Paper Url:https://www.ijtsrd.com/humanities-and-the-arts/education/59815/igr-as-a-panacea-for-growth-and-development-of-anambra-state-polytechnic-mgbakwu-a-comparative-analysis-of-government-tertiary-institutions-in-anambra-state/modozie-c-emmanuel