Abstract
The burden of rural development has remained recurrent in the development planning of Nigeria from independence to date. Despite these concerns, the condition of the rural areas in terms of development infrastructure remains precarious. The development of rural infrastructure is highly central to the transformation of rural areas of Nigeria yet attention in that direction seems unproductive. Several methods of effecting rural development have been applied in the Nigerian context with little or no major inroad into addressing rural infrastructure and reversing the rural squalor common in the country. This paper argues that the pool method (central determination) of financing basic rural infrastructure is prone to excluding so many communities from accessing basic facilities and falls short of the practice of accountability. On the basis of this, the paper recommends a model of financing basic rural infrastructure known as FINANCIAL EQUITY MODEL. It is the thesis of this paper that further financial administration restructuring at the Local Government system will provide a plausible vent for a quick and even development of rural areas in Nigeria.
Highlights
Introduction and BackgroundThe Rural Situation and Development Approaches in NigeriaThe development question remains an unanswered question in the development praxis of Nigeria
This paper argues that the pool method of financing basic rural infrastructure is prone to excluding so many communities from accessing basic facilities and falls short of the practice of accountability
On the basis of this, the paper recommends a model of financing basic rural infrastructure known as FINANCIAL EQUITY MODEL
Summary
The development question remains an unanswered question in the development praxis of Nigeria. Without the availability of rural infrastructure such as good roads, pipe borne water, electricity, health facilities and educational infrastructure the emergence of soft infrastructure such as banking, communication facilities, credit, extension services which provide the basis for wealth creation in rural areas may likely be ephemeral Where these facilities are not found in rural localities the issue of making progress in rural transformation is but mere lip service. Could effective exercise in financial administration restructuring at the local government level provide the needed panacea to rural development infrastructure in Nigeria? The Danger of the Top-Bottom approach (the danger of acting against the need of local areas) commonly practiced in Nigeria’s distribution of infrastructure makes this exposition relevant It is a scholarly exercise in rural development theorizing that suggest an approach in Development Administration and Local Government financial distribution. Data analysis was qualitatively done with the use of a schema
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