Funding Of Federal Parastatlas(A Case Study Of Fedreal Radio Coperation Of Nigeria In Enugu State

FUNDING OF FEDERAL PARASTATLAS(A CASE STUDY OF FEDREAL RADIO COPERATION OF NIGERIA IN ENUGU STATE

Funding

ABSTRACT

Federal parastatla are set up by the federal government of Nigeria to archive some certain objectives. Some of this objective is to provide the goods and services, which the private sector cannot provide because of lack of inventible capital funds.Nowadays, a good number of the federal parastatla perfumers below average including ht federal radio cooperation Enugu, which is the core of the study. The study is aimed at appraising the funding other federal radio cooperation in Enugu with a view to asserting the subventions allocated to it for it to enable her carry out the numerable functions. It is wordy to note that the ability of nay parastatals to archive a performance rest squarely be adequate funding by its beneficiaries. In other word, the objective of any parastatals cannot be realized without an adequate funding.The appraisal gave raise to the adequate review of the work of the federal radio cooperation Enugu that include informing, educating and entertaining the members of the society. In reviewing the subject, information relating to the subventions allocated to the FRCE was collected through the secondary data completed by the interview method and application of questionnaire method.Some of the data colleted were presented in a textual form. They were carefully analysed and interpreted out of which certain recorder where made Some which are;

  1. The subvention were made available by the federal government to FRCE which is a federal parastatals are inadequate to cope with her objective
  2. The adequate funding is one of the major factors that can enhance the productivity and efficiency.
  3. The efficiency and operation cost of the broadcasting service is capital intensive and as such require adequate funding
  4. That as a result of inadequate funding by a commercialization and privatization allowed the commercial to raise the parastatals augment against the subvention giving to her

Based on the findings, some reaching concl

usion were made and recommendation preferred to should be available to the FRC Enugu to enable them archive the objective for which they are established.If the recommendation is adopted, there will be greater performance and efficiency in the federal parastatals including the course federal radio cooperation Enugu station.

TABLE OF CONTENT

CHAPTER ONE:

1.1 INTRODUCTION

1.2 STATEMENT OF THE PROBLEM

1.3 OBJECTIVE OF STUDY

1.4 SIGNIFICANCE OF STUDY

1.5 STATEMENT OF THE HYPOTHESIS

1.6 SCOPE OF THE STUDY

1.7 SCOPE OF THE STUDY

1.8 DEFINITIONS OF TERMS

CHAPTER TWO:

2.1 REVIEW OF THE RELATED LITERATURE

2.2 DEFINITIONS OF THE FEDERAL PARASTATALS

2.3 DUTY OF THE COOPERATION AS TO PROGRAMME AND PUBLICATIONS

2.4 THE AIM AND OBJECTIVE OF BROADCASTING

CHAPTER THREE

3.1 RESEARCH DESIGN AND METHODOLOGY

3.2 SOURCE OF DATA

3.3 PRIMARY

3.4 SECONDARY DATA

3.5 SAMPLE USED

3.6 METHOD OF INVESTIGATION

CHAPTER FOUR

4.1 DATA ANALYSIS AND INTERPRETATION

4.2 DATA PRESENTATION AND ANALYSIS

4.3 TEST OF HYPOTHESIS

CHAPTER FIVE

SUMMARY, FINDINGS, CONCLUSION AND RECOMMENDATION

5.1 SUMMARY OF THE FINDINGS

5.2 CONCLUSION

5.3 RECOMMENDATION

BIBLIOGRAPHY

APPENDIX / QUESTIONNAIRE

CHAPTER ONE

INTRODUCTION

Funding of the federal parastatals is the provision of finance of the parastatals of special purpose. In a taste are federal parastatals, funding could be provided of the maintenance of plant and machineries and development of manpower needs, purchase of vehicle, payment of salary and wages, etc. the ability of any parastatals to archive its objective rest on squarely on whether it is adequately funded by its beneficiaries.

The federal government of Nigeria establish some of the parastatals of the accomplishment of some of its objective which are of immense benefit to both the federal government and its citizenry. Some of this parastatla include both limited to the following

(i)                             Federal radio cooperation Enugu Nigeria (FRC)

(ii)                           Nigeria coal cooperation (NCC)

(iii)                         Nigeria television authority (NTA)

(iv)                         Nigeria Electric power authority (NEPA)

(v)                           Nigeria rail way cooperation (NRC)

(vi)                         Federal air port authority of Nigeria (FAAN)

(vii)                       National Orthopedic hospitals and others (NOH)

 

These federal parastatals are established to provide goods and service, which the private sector cannot provide as a result of irresistible capital fund. The parastatals are therefore 100% owned by the federal government of Nigeria.

Sequel to the business activity of these parastatals including their performance reference, the research intends to investigate whether the federal government provide adequate or inadequate capital fund of their efficiency operation.

In an effort to save time and as well minimize the cost that is usually associated with carrying out this type of research project such as this, the researcher has chosen the federal radio cooperation Enugu station as a case of study. At the ends of the study, the adequacy of the parastatals for their efficient and effective cooperation.

OVERVIEW OF THE RADIO BROADCASTING

Sound broadcasting as easily been ranked as one of the greatest achievement ever recorded by man in the twenty first century, sound broadcast and its counterpart.

Electronic has revolutionaries man rate and his social and economic interception with his fellow human beings, and sound broadcasting has in recent time fashioned or directed political thought and practice in the contemporal world. It has compressed the globe through its electro magnetic wave into sample broadcasting unit. When you sit in your room, you can press a knot there and tore with the help of the remote control enjoy or acquaint your self with the event that is going on the globe. Radio broadcasting has hardly arrived when the television added a new dimension to broadcast.

Television removes the listener’s perpetual handicap to tell stories or deliver the entertainment. News and entertainment can be viewed in the television. Even at that radio has remain the matter of broadcasting service.

The arrival o transistor in radio took broadcasting into every doorstep of any dick and Harry. In fact very where you fill free to enjoy including the lavatories. Housewife now keep their radio by their side as they plait their hairs and do other house hold works. The farmer in the countryside places his radio one side as he doses his work. The same happen to cattle riearers as they listen to music while the work. It is therefore necessary to find out whether adequate funding to he federal radio cooperation of Nigeria Enugu state, available for broadcasting in the territories. Latter the BBC encouraged the colonial station to broadcast the empire service. This offer was accepted in Nigeria. The BBC through its energ7y on where to provide the farm work for newly created broadcasting service in the colonies and in the case in Nigeria. The new broadcast from London set a new pattern, which in time became an integral part of broadcasting development in the federation. In 1932, it recorded that the Lagos wireless station received all empire broadcasting news by shortage of the manpower necessitated by inadequate funding which ore vented a conformation of the experiment on broadcasting from Lagos.

THE REDIFFUSION ERA

The rediffusion was the era when PT by means of rediffusion replayed BBC broadcast and programmers to subscribers. The Nigeria post and telegrammed department but a new method of broadcasting and distributing information to populace n such areas like Kano, Lagos and Ibadan. The cooperation in conjunction with the empire broadcasting service. The P&T by means of rediffusion boozes the British broadcasting to subscribers who $ 2.00 annually. This method was describe at Enugu national station against its objective of informing, Educating and entertaining the populace.

STATEMENT OF PROBLEM

Federal radio cooperation of which at 19984 has state station in all the state of the federation has reverted to its pre 1981 status that limits its scope of operation to four zonal station normally. The F.R.C Enugu, Ibadan, Lagos with the national headquarters at the federal capital territory Abuja. The 19 state stations have been closed and only about half of the state retain properly as a result of lack of adequate funding. There use to be as of 1984 federal radio station in all that state of the federation, unfortunately because of the minitry government lean resource, the erffamart of the extension living of the political class, plundering of the national funds by selfish politician of the second republic, the state station were closed down. Never the less the federal government still want to reach the masses via radio broadcasting which is the effective medium of new dissemination in the comp temporary Nigeria mores now that the statute in Nigeria are increasing in number (30). Federal radio cooperation of Nigeria is now partially commercialized. This happened when the technical committee on commercialization and privatization (TPC) deemed it necessary to allowed them to operate a commercial and also trim thee workforce to the size thy can carry. As a result of this, they lean on the federal government on the major part of its existence. The federal government gave hem subvention received by the national headquarter is shared among the zonal office almost equally. The subvention do not carry al the operation cost of the zonal office. As a restful of this each zonal arguments its cost with the commercial intake. The commercial include sale of news time, personal paid announcement (PPA) example obituary, meeting and lunching etc. sports announcement like the giggle forum time, outside broadcasting coverage, sponsored programme like the religious programme, social programme like teach the world. It is therefore imperative that the federal government should fund FRC Enugu from where Enugu national station was born adequately. F.R.C.N. when adequately funded can establish their station in each state of the federation so that there could be grass root dissemination of information in via radio cooperation.

OBJECTIVE OF THE STUDY

The aim the objective of this research work is;

1.       To review the funding of the F.R.C.E. Enugu by the federal government from 1991 to 1995 with the view of finding out the achievement so far

2.       Ascertaining the adequacy of the subvention allocated to it in relation to its functions.

3.       The find out the need to the case adequate funding of FRCN together with other federal parastatla

4.        to make recommendation base on the findings

SIGNIFICANCE

Sound broadcasting in the contemporary Nigeria is the only cheap and affordable means of disseminating information. His is a pointer to the fact that any effect geared towards the funding of any fedr4ealo parastatla is the step in right direction. Adequate funding of the F.R.C.N will lead to the fulfillment of the cooperation obligation of transmitting information to the grass root thereby arresting the grape vine information. Successful completion of this study will lead itself to towards of improving the service and function of the F.R,.C.N. we will be happy to own a broadcasting network that equals the BBC and V.O.A.

STATEMENT OF HYPOTHESIS

The hypothesis is a tentative generization, which can be proved with imperial evidence. There are two type of hypothesis viz; a null hypothesis is a hypothesis of no effect or no different while an alternative is a hypothesis of the proportion that may be accepted if the statically hypothesis is rejected by the sample evidence. Data are collected, analysed and interpreted with a view of accepting or rejecting the hypothesis. The data collected fro this research will simply be from federal radio cooperation Enugu of Nigeria national station.. We have the hypothesis as follows;

Ho: subvention mad available to the F.R.C.N are not adequate for its operation

Hi: subvention mad available to the F.R.C.N are adequate for its operation

Ho: fund allocated to the F.R.C.N are. Mismanaged

Ha: fund allocated to the F.R.C.N Enugu are not mismanaged.

Ho; fund that are allocated to the F.R.C.N has not enhance productivity

And efficiency in F.R.C.N

Ha: adequate funding enhances the productivity and the efficiency in F.R.C.N

SCOPE OF THE STUDY

The studies in center join the radio broadcasting under the umbrella of the federal radio cooperation national station Enugu, Ibadan, Kaduna and Lagos with Enugu as a reference point. The study shall concern itself with the modus oparadi funding of the state radio station, the study covers the period of 1990 to 1995.

Definition of terms:

B.B.C:

British broadcasting cooperation

F.R.C.N:

Federal radio cooperation of Nigeria

Frequency:

The number of cycle emitted by a radio station very minutes

Globe:

The world

Kilohertz:

Thousands of Hertz

Megahertz:

Million of hertz

Programme:

The arrangement of radio output in the order that they should be broadcast.

P&T:

Post and telegram department

Radio:

The use of electronic wave of the purpose o broadcasting communication

Sub-broadcasting:

Dissemination of new and information via the radio

V.O.A: Voice of America 

About admin

Check Also

Problems And Prospects Of Local Government Finance In Nigeria (a Comparative Case Study Of Enugu North And Enugu South Local Government Area)

Problems And Prospects Of Local Government Finance In Nigeria (a Comparative Case Study Of Enugu …

 Problems In Monetary Policy Implementation By Central Bank Of Nigeria (cbn)

 Problems In Monetary Policy Implementation By Central Bank Of Nigeria (cbn) Format: Ms Word Document …

Problems Of Banking Services Among Commercial Institution In Nigeria (a Case Study Of New Nigeria Bank Plc)

Problems Of Banking Services Among Commercial Institution In Nigeria (a Case Study Of New Nigeria …

The Role Of Financial Management A Corporate Orgnaization A Case Study Of Nicon Insurance Company Limited Enugu, Enugu State

The Role Of Financial Management A Corporate Orgnaization A Case Study Of Nicon Insurance Company …

The Role Of Financial Management A Corporate Orgnaization A Case Study Of Nicon Insurance Company Limited Enugu, Enugu State

The Role Of Financial Management A Corporate Orgnaization A Case Study Of Nicon Insurance Company …

Shortage Of Human Resources In Government Establshment Problems And Solutions (a Case Study Of Ministry Of Finance And Economic Planning Enugu State)

Shortage Of Human Resources In Government Establshment Problems And Solutions (a Case Study Of Ministry …

Leave a Reply

Your email address will not be published. Required fields are marked *