Impact of Financial Management on Secondary School’s Administration in Zone A Senatorial District Of Benue State-Nigeria

Abstract

The study investigated impact of financial management on secondary school’s administration in Zone A Senatorial District of Benue State-Nigeria. Two research questions and two hypotheses guided the study. The literature was reviewed under conceptual frameworks which identified the gap to be filled by this study. It also provides a roadmap as to the type of design to be used. The descriptive survey design was adopted for the study. The population of the study comprised 1229 teachers from 90 secondary schools. 292 teachers were used for the study. A 10-item structured four-point rating scale questionnaire constructed by the researcher titled impact of  financial management on secondary school administration questionnaire (IFMSSAQ) was used for collection of data for the study. A pilot test on the instrument was conducted before taken to the field. Data obtained from the field study were then analyzed using descriptive and inferential statistics. Means and standard deviations were used to answer the research questions while the chi-square (x²) test of goodness of-fit was used to test the hypotheses at 0.05 level of significance. It was found out that prompt payment of staff salaries and allowances significantly impact on the management of secondary schools. More so that school fees and other revenue generated significantly impact on the provision of instructional materials in secondary schools in Zone A Senatorial District of Benue State.

Key words: Financial management, salaries and allowances, school fees, instructional materials.