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An Appraisal of Capital Budgeting Decisions in Government Parastatals

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An Appraisal of Capital Budgeting Decisions in Government Parastatals


This page presents an excerpt of the available research material, including the Preliminary Pages, Table of Contents, Abstract, Chapters One to Five, and References. It provides a comprehensive overview of the study, enhancing readability and accessibility for students, and researchers seeking complete material on “An Appraisal of Capital Budgeting Decisions in Government Parastatals”.


ACKNOWLEDGEMENT


I am profoundly grateful to everyone who contributed to the successful completion of this project. I am especially grateful to my Supervisor (Name), the Head of Department (Name), and the Lecturers in the Department of Banking and Finance (BF) for their invaluable guidance and support. I also acknowledge the contributions of authors and scholars whose works on An Appraisal of Capital Budgeting Decisions in Government Parastatals provided essential insights. Special thanks go to my study area (and any funding organizations, if applicable) for their financial assistance. I am equally thankful to stakeholders, including mentors, teachers, and colleagues, for their encouragement and support. Finally, I deeply appreciate my family and friends for their patience and unwavering support throughout this journey. Your contributions have been instrumental in making this research a reality.




PRELIMINARY PAGES


CHAPTER ONE

INTRODUCTION


    CHAPTER TWO

    LITERATURE REVIEW

    • 2.1 Introduction
    • 2.2 Conceptual Review
    • 2.3 Theoretical Framework
    • 2.4 Empirical Studies
    • 2.5 Research Gaps
    • 2.6 Summary of Literature Review

    CHAPTER THREE

    RESEARCH METHODOLOGY

    • 3.1 Introduction
    • 3.2 Research Design
    • 3.3 Population of Study
    • 3.4 Sampling and Sampling Technique
    • 3.5 Validation of Research Instrument
    • 3.6 Method of Data Collection
    • 3.7 Method of Data Analysis
    • 3.8 Questionnaire Administration
    • 3.9 Ethical Consideration
    • 3.10 Statistical Analysis

    CHAPTER FOUR

    DATA ANALYSIS, RESULT AND DISCUSSION

    • 4.1 Introduction
    • 4.2 Presentation and Analysis of Data
    • 4.3 Re-statement of Research Questions
    • 4.4 Test of Hypotheses
    • 4.5 Discussion of Findings

    CHAPTER FIVE

    SUMMARY, CONCLUSION AND RECOMMENDATION

    • 5.1 Introduction
    • 5.2 Summary of Findings
    • 5.3 Conclusion
    • 5.4 Recommendation
    • 5.5 Suggestion for Further Study

    REFERENCES

    APPENDIX A - “QUESTIONNAIRE”




    1.1 Introduction:

    Capital budgeting decision in the most government parastatals is statutory instrument used to take decision in most organization like NNPC i.e. Nigerian National Petroleum Industry. This government parastatals helps in exploration of crude oil and natural gas and refining or processing of crude oil and natural gas to produce petroleum and produces and others denatures both for domestic consumption and for export. The expect of the corporations activities include transportation and distribution petroleum products throughout Nigeria and production of petrol-chemical to provide the needed raw material for rapid agricultural and industrial development of the country. They are also responsible for the supervision of the country activities of oil companies.

    Since the year 1996, most of the oil companies has grown considerably. This is evident in its size and area of operation, which spanned through one length and breath of the country.

    The other subsidiaries of government department engaged in activities of capital budgeting are; (1) Engineering Company of Nigeria (ENCON).

    This is a joint venture enterprise between NNPC and Bethel, An American based multi national engineering and consulting company.

    B. Nigerian Petroleum Development Company (NPDC): This is petroleum producing company of a group. It is wholly owned by Ngos. It is involved in exploration and production of crude oil and gas.

    The mission of NNPC is to profitable operate and optimum size petroleum exploration and production.

    Nigeria has development company limited NGDC it is also under the NNPC, its mission is to efficiently gather treat, transmit and market Nigeria Natural Gas and its bye-products to major industries and utility gas distribution companies in Nigeria. The other includes Integrated Data Service Company Limited (IDSC).


    1.2 Statement Of The Study:

    This study which is an appraisal of capital budgeting in government parastatals, is to find out how the various appraistatals appraise as capital budgeting decisions. For every organization, the usefulness of financial statement enhance decision making. Information provided should be current and meaningful.

    The continuing inflation of recent year has led to an increasing awareness of some of the disadvantage of historical cost accounting. The following problems associated against the capital budgeting decision in government parastatals.


    CHAPTER TWO

    LITERATURE REVIEW


    2.1 Introduction

    This chapter focuses on the review of related literature. A literature review includes the current knowledge as well as theoretical and methodological contributions to a particular topic. It documents the state of the art with respect to the topic you are writing. It surveys the literature in the topic selected. In this research work the literature review includes the conceputal review, theoretical framework, the review of related literature …


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