AN EVALUATION OF BUDGETING IMPLEMENTATION OF SELECTED PUBLIC PROJECTS IN ONDO STATE

Abstract

This study, evaluation of budgeting implementation of selected public projects focused on Ondo State in Nigeria where three ministries were selected namely ministry of Works, the ministry of Finance and ministry of Economic Planning and Budget. A total number of 210 questionnaires was distributed of which only 187 out of the questionnaire was retrieved and used for the research work. During the research process, the researcher collected data from two sources the primary and the secondary source of data. Questionnaire was administered to the relevant and experience staff within various department in the selected ministries using purposive method of sampling while secondary data were gotten from textbook, journals, publications and manual. The Research work made use of descriptive analysis and ranking average method while the study showed that the type of budgeting technique used in Ondo State is the incremental budgeting technique and is moderately effective and strictly adhere to, while Pearson correlation was used to test for the hypothesis formulated and results showed that there is a correlation of 0.625 between budgeting implementation and public project success in Ondo State which made the researcher to reject the Null hypothesis formulated and concluded that there is a significant relationship between budget implementation and public project success in Ondo state. On the basis of the above finding, the researcher recommended that government should ensure regular and timely release of funds so that delay in capital projects will be reduced. Close monitoring of budget execution should be enshrined in work ethics of Ondo state so as to strengthen other measures in mitigating public corruption. Corruption and mismanagement should be minimized through stringent penalties for offenders. The key officers such as budget officers should be trained periodically. This will enable them to acquire experience and knowledge needed for effective performance in their field.