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Information on Budgeting and Budgetary Allocation in Federal University Library, Lafia, Nasarawa State - Nigeria

Journal: Sumerianz Journal of Social Science (Vol.4, No. 1)

Publication Date:

Authors : ; ;

Page : 1-11

Keywords : Budget; Plan; Planning; Capital; Cost; Income; Control.;

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This project research titled “Information on budgetary allocation in Federal University Library, Lafia (FUL Lafia)” was undertaken to ascertain the level of budgetary allocation and implementation in aiding library services in the institution. The methodology used in the study was the survey which adopted the descriptive sampling of 20 library staffs sampled for the study. The Questionnaire was constructed where each of the items in the questionnaire was grouped in accordance with their relationship to the research questions and analyzed using frequency distribution tables. The findings revealed that the extent of use of these budgetary systems in FUL Lafia is very high as library operations depends highly on proper budgetary allocation. As revealed by the respondents, the budgetary allocation for FUL is adequate. Also it was found that the major challenge being faced in FUL is improper budgetary allocation of funds. The study concludes that practical application of budgeted funds through proper budgetary allocation and implementation will go a long way in providing and equipping students with basic knowledge and competencies necessary for improved academic performance. Subsequently, the study recommends that the budgetary systems and processes being employed by the university authorities should be reviewed and improved upon so as to checkmate excesses and budget padding. In view of the challenges encountered in the budgetary allocation, it is recommended that qualified librarian, auditors and account experts be employed and the necessary tools needed for proper budgetary allocation be made available to them so as to curtail these challenges.

Last modified: 2021-03-19 15:37:55