scholarly journals Infrastructure procurement skills gap amongst procurement personnel in Nigeria’s public sector

2018 ◽  
Vol 16 (1) ◽  
pp. 2-24
Author(s):  
Abdul-Majeed Mahamadu ◽  
Patrick Manu ◽  
Colin Booth ◽  
Paul Olomolaiye ◽  
Akinwale Coker ◽  
...  
Keyword(s):  
Developing Countries ◽  
Local Government ◽  
Safety Management ◽  
Team Building ◽  
Research Strategy ◽  
Sub Saharan Africa ◽  
Public Infrastructure ◽  
Content Type ◽  
State And Local Government ◽  
State And Local

Purpose Procurement of public infrastructure that is fit for purpose partly depends on the competencies of procurement personnel. In many developing countries in Sub-Saharan Africa, including Nigeria, there is a deficit in the quantity and quality of infrastructure and their procurement is further riddled with deficiencies in the capacity of public procuring entities. The purpose of this study was to ascertain the critical skills development needs of public personnel involved in the procurement of infrastructure in Nigeria. Design/methodology/approach Based on a quantitative research strategy, this study sought to address the knowledge gap through a survey of public infrastructure procurement personnel (n = 288) in different tiers of government (i.e. state and local government) and geopolitical contexts (north and south) in Nigeria. Findings Of the 45 procurement skill areas operationalised, there is need for further development in 38 of them including: computing/ICT; problem-solving; communication; decision-making; health and safety management; quality management; relationship management; team building; project monitoring and evaluation; time management and procurement planning. Originality/value A key implication of this study is for policymakers in state and local government to formulate and implement infrastructure procurement capacity development reforms that address the competency gaps of procurement personnel. Such reforms need to take into account the suitable methods for developing procurement competencies. Additionally, the procurement skill areas operationalised in this capacity assessment study could serve as a useful blueprint for studying capacity deficiencies amongst public infrastructure procurement personnel in other developing countries.

scholarly journals Infrastructure procurement capacity gaps in Nigeria public sector institutions

2019 ◽  
Vol 26 (9) ◽  
pp. 1962-1985 ◽  
Author(s):  
Patrick Manu ◽  
Abdul-Majeed Mahamadu ◽  
Colin Booth ◽  
Paul Olaniyi Olomolaiye ◽  
Akinwale Coker ◽  
...  
Keyword(s):  
Local Government ◽  
Public Procurement ◽  
Governance Structure ◽  
Sub Saharan Africa ◽  
Government Agencies ◽  
Public Infrastructure ◽  
Content Type ◽  
Organisational Capacity ◽  
State And Local Government ◽  
State And Local

Purpose The achievement of sustainable development goals is linked to the procurement of public infrastructure in a manner that meets key procurement objectives, such as sustainability, value-for-money, transparency and accountability. At the heart of achieving these procurement objectives and others is the capacity of public procurement institutions. Whereas previous reports have hinted that there are deficiencies in procurement capacity in Nigeria, insights regarding critical aspects of organisational capacity deficiencies among different tiers of government agencies is limited. The purpose of this paper is to investigate the critical gaps in the procurement capacity of state and local government agencies involved in the procurement of public infrastructure in Nigeria. Design/methodology/approach The study employed a survey of public infrastructure procurement personnel which yielded 288 responses. Findings Among 23 operationalised items that are related to organisational procurement capacity, none is perceived to be adequate by the procurement personnel. Additionally, among 14 procurement objectives only 1 is perceived as being attained to at least a high extent. Originality/value The findings underscore the acuteness of organisational procurement capacity weaknesses among public procurement institutions within Nigeria’s governance structure. It is, thus, imperative for policy makers within state and local government to formulate, resource and implement procurement capacity building initiatives/programmes to address these deficiencies. Additionally, the organisational procurement capacity items operationalised in this study could serve as a useful blueprint for studying capacity deficiencies among public infrastructure procurement agencies in other developing countries, especially within sub-Saharan Africa where several countries have been implementing public procurement reforms.

MSRB and FINRA issue joint notice cautioning broker-dealers and municipal advisors about bank loans

2016 ◽  
Vol 17 (3) ◽  
pp. 52-54
Author(s):  
Juliet H. Huang ◽  
James C. Burr ◽  
Richard A. Cosgrove ◽  
Nathan H.B. Odem
Keyword(s):  
Local Government ◽  
Regulatory Authority ◽  
Design Methodology ◽  
Bank Loans ◽  
Bank Loan ◽  
Financial Industry ◽  
Content Type ◽  
Securities Law ◽  
State And Local Government ◽  
State And Local

Purpose To alert lenders, broker-dealers and municipal advisors to a joint regulatory notice from the Municipal Securities Rulemaking Board (“MSRB”) and the Financial Industry Regulatory Authority (“FINRA”) regarding direct purchase or “bank loan” transactions. Design/methodology/approach Explains the MSRB and FINRA notice, why the notice was issued, what lenders should know about the notice, what broker-dealers and municipal advisors should know about the notice, and what MSRB rules could apply to bank loans. Findings Firms should determine whether state and local government obligations acquired through bank loan transactions constitute municipal securities for federal securities law purposes. Originality/value Review of a recently issued regulatory notice by experienced municipal securities lawyers.

Are US state and local governments consumption smoothers?

2014 ◽  
Vol 41 (1) ◽  
pp. 87-100
Author(s):  
Maria Cornachione Kula
Keyword(s):  
Local Government ◽  
Government Spending ◽  
Local Governments ◽  
Consumption Smoothing ◽  
Content Type ◽  
Optimal Behavior ◽  
Institutional Differences ◽  
State And Local Government ◽  
Balanced Budget ◽  
State And Local

Purpose – This paper aims to reconcile conflicting findings in the literature regarding the extent of consumption smoothing of sub-federal governments. Design/methodology/approach – This paper uses a panel of US state and local government data from 1973 to 2000 to find the extent of consumption smoothing among US state and local governments. Findings – It is found that about 30 percent of spending is determined by permanent resources. Additionally, states with more stringent balanced budget rules are found to smooth more than states with the least stringent balanced budget rules, which do not smooth at all. There is some evidence that liquidity constraints may cause the non-optimal behavior of the states with the least restrictive requirements as they have higher average net debt per capita and face higher risk premia than those with the most stringent rules. Research limitations/implications – Results differ from research using aggregate US data, where it is found that essentially all changes in state and local government spending are due to changes in current resources. The conflict is attributed to panel vs aggregate data use. Other research finds greater smoothing in Norway, where about 65 percent of local government spending is determined by permanent resources, and Sweden, with at least 90 percent of spending changes due to changes in permanent resources. This conflict may be due to institutional differences. Further research is needed in this area. Originality/value – This paper fills a gap in the literature on consumption smoothing by considering a panel of US state and local governments.

US recovery of GDP and jobs will vary widely by region

2020 ◽  
Keyword(s):  
Local Government ◽  
Labour Market ◽  
Presidential Election ◽  
Policy Making ◽  
Slow Recovery ◽  
Content Type ◽  
State And Local Government ◽  
State And Local ◽  
Deaths Of Despair ◽  
Market Consequences

Significance COVID-19 has affected all 50 states unevenly, so the starting points for recovery vary. Twenty-one states have this month recorded their highest 7-day average of new cases, many of them among the first to reopen, which will slow the recovery. The labour market consequences are shaping voter intentions in the presidential election. Impacts Protracted recession, especially in less-urbanised areas, will increase ‘deaths of despair’. A slow recovery may push discussion of new broad-based taxes up federal and state policy-making agendas. COVID-19 will accelerate the reforms to underfunded state and local government pensions that were initiated after the 2008-09 recession. Investors’ overvaluation of the biotech sector in the rush for a vaccine could trigger a sell-off in equities.

INITIATIVE BUDGETING AS AN INSTRUMENT OF TERRITORIAL SELF-GOVERNMENT

2019 ◽  
Vol 86 (3) ◽  
pp. 77-90
Author(s):  
V. V. Vagin ◽  
N. A. Shapovalova
Keyword(s):  
Local Government ◽  
Citizen Participation ◽  
Institutional Analysis ◽  
Institutional Development ◽  
Development Programs ◽  
Theoretical Understanding ◽  
State And Local Government ◽  
State And Local ◽  
Government Initiative ◽  
Local Levels

The article is devoted to the actual issue – institutional analysis of initiative budgeting and territorial public selfgovernment, as well as the possibility of their integration. Over the past few years, a system of civil participation in budget decisions has been built in Russia, the regulatory framework of practices has been created, thousands of employees of state and local government bodies have been trained, project centers have appeared for ensuring development of initiative budgeting. Citizen participation in budget decisions can significantly accelerate the development of the lower level of local government. Initiative budgeting is an innovative instrument of public finance and at the same time a social technology allowing for the real involvement of citizens in the issues of state and municipal governance. Initiative budgeting development programs make it possible to transfer financing of projects aimed at solving local issues with the participation of citizens onto a systemic basis. The results and materials of this study can serve a foundation for theoretical understanding of the institutional development of public finances at the regional and local levels. At the same time, this practical area that was intensively developing in recent years requires deep institutional analysis.

A Comprehensive Review of the Evolution of Accounting Standards for State and Local Government Pensions and Other Postemployment Benefits in The United States

2019 ◽  
Vol 46 (1) ◽  
pp. 57-77
Author(s):  
Dale L. Flesher ◽  
Craig Foltin ◽  
Gary John Previts ◽  
Mary S. Stone
Keyword(s):  
United States ◽  
Local Government ◽  
Accounting Standards ◽  
The United States ◽  
Pension Funds ◽  
Defined Benefit ◽  
Defined Contribution ◽  
Defined Contribution Plans ◽  
State And Local Government ◽  
State And Local

ABSTRACT Both the business media and the popular press have emphasized the underfunding problems associated with pension funds that are set aside for state and local government workers, a group that also includes teachers and professors at state-affiliated colleges and universities. The realization that pension funds are typically underfunded stems from the fact that the accounting standards associated with state and local government employee pension funds have led to greater transparency since 2011. This paper examines, explains, and interprets the historical development over the last 70 years of accounting standards for state and local government pension funds in the United States. Changing accounting standards, along with economic and social change, have led to consequences such as employers transforming their pension programs to avoid substantial costs and significant liabilities, for example by changing from defined benefit to defined contribution plans.

Sign in / Sign up

Export Citation Format

Share Document