Cashless Policy and Local Government Revenue Collection in Selected Local Governments in Ebonyi State, Nigeria

Abstract

This study examined Implementation of Cashless Policy and Local Government Revenue Collection in Ebonyi State of Nigeria: A Study of Selected Local Governments. The choice of the study is based in the fact that despite the increase of technologies in the society, the implementation of cashless policy has been faced with number of challenges particularly at the rural area in Ebonyi State. The study adopted a survey design method. A total sample of 260 was selected from the population of 20395 through purposive sampling technique. Primary and secondary data was utilised for the study. Theoretically, the study adopted the theory of monetary stages of development propounded by Bruno Hildebrand (1878). The study further revealed that the implementation of the policy has brought about enhanced transparency, and accountability in administration of the Council. The data generated from the study was analysed using inferential statistics and simple regression through SPSS statistical package. The study revealed that the implementation of cashless policy has improved the accountability in the collection of revenue. Also, the implementation of cashless policy has not contributed to facilitated the collection of revenue at the Rural Areas. More so, study revealed that the implementation of Cashless Policy has improved transparency and accountability in revenue collection at the Local Government level in Ebonyi State. However, the study observed that inadequate of facilities such as electricity, internet connectivity, poor network services and inadequate of enlightenment and orientation are the major challenges that have negatively affected the smooth implementation of cashless policy on revenue collection at the Local Government level in Ebonyi State of Nigeria