Internal Security, Management of Funds and IPPIS Challenges among Unions and Cooperative Societies in Tertiary Institutions in Nigeria

Author:

Egwuasi Princewill I., ,Umoren Emem E.,Wakili Husseina K.,Akpabio Rebecca J., , ,

Abstract

The constant outcry of misuse and mismanagement of funds in governmental organisations have given concern to several researches, debates and blame games. Our focus in this qualitative study is to interpretively examine the extent of internal security and management measures that are explorable in curtailing the inability to recover dues and third party loans in an IPPIS challenge-prone era among unions and cooperative societies in tertiary institutions in Nigeria, the University of Uyo, Uyo being our focus point. The study is an interpretive research that employed semi-structured interviews for the chairpersons of ASUU, SSANU, NASU and NAAT and the presidents of cooperative societies run by the unions in a federal university such as ours. These chairpersons and presidents were purposively selected for the study. Three research questions were raised to guide the study: What internal security measures are put in place by the unions to ensure recovery of dues and third party loans from debtors? How do the cooperative societies manage their funds and recover dues and third party loans during the IPPIS era? What relationship exists between the unions, cooperative societies and IPPIS office for dues and third party loans recovery? The findings of the study showed that there is no full proof of internal security measures put in place to recover dues and third party loans; that committees are set up in the cooperative societies to manage their funds through several management strategies; there is no clear relationship between the Unions, cooperative societies and IPPIS Office to aid in the recovery of dues and third party loans in the university. The study recommended among others that the IPPIS should be transparent enough to abide by the laws of its establishment in order not to under mind its primary functions of deduction and remittance of dues and third party loans to beneficiaries.

Publisher

Lattice Science Publication (LSP)

Reference15 articles.

1. Abdullahi, S. A. (2001). The development of trade unionism in Nigeria: achievements and Problems. Journal of Business Administration, 1(1): 47-56

2. Asuquo, M. O. (2016). Co-operative Finance & Management. Uyo: Afahaide & Bros.

3. Business Victoria (2019). Debt recovering: recover your customers' overdue payments to increase cash flow. State Government of Victoria. Available on www.business.vic.gov.au. Retrieved on July 02, 2020.

4. Effiom, R. A. (2014). Impact of cooperative societies in national development and the Nigerian economy. Global Journal of Social Science, 3: 19-29.

5. Elesas and Associates (1998). Is relationship lending special? Evidence from credit file data in Germany, working paper 98-105. Centre for Financial Studies, Johnn Wolferg Goethe University, Frankfurt.

同舟云学术

1.学者识别学者识别

2.学术分析学术分析

3.人才评估人才评估

"同舟云学术"是以全球学者为主线,采集、加工和组织学术论文而形成的新型学术文献查询和分析系统,可以对全球学者进行文献检索和人才价值评估。用户可以通过关注某些学科领域的顶尖人物而持续追踪该领域的学科进展和研究前沿。经过近期的数据扩容,当前同舟云学术共收录了国内外主流学术期刊6万余种,收集的期刊论文及会议论文总量共计约1.5亿篇,并以每天添加12000余篇中外论文的速度递增。我们也可以为用户提供个性化、定制化的学者数据。欢迎来电咨询!咨询电话:010-8811{复制后删除}0370

www.globalauthorid.com

TOP

Copyright © 2019-2024 北京同舟云网络信息技术有限公司
京公网安备11010802033243号  京ICP备18003416号-3