AN APPRAISAL OF CAPITAL BUDGETING DECISIONS IN GOVERNMENT PARASTATALS

By

AJAH, OSINACHI D.

Presented To

Department of Banking and Finance

ABSTRACT

The primary objective of the study is to determine how capital budgeting decisions are undertake by the Nigerian Government Parastatals like NNPC.  Its aims is to find out how investment decision are made, how accurate are the information presented to management useful in making investment decisions.
It also tend to find out the particular capital budgeting technique the management of government parastatals use to evaluate the investments they want to used.
The importance of this research in its usefulness.   This study will be of immense interest to those responsible for apprasing capital budgeting decision in firms.  The study will also be of immense help to accounting on banking student interested in this area.
It is hoped that the research findings will be primary importance to the management of the government parastatals.











TABLE OF CONTENTS

TITLE PAGE
APPROVAL PAGE
DEDICATION
ACKNOWLEDGEMENT
TABLE OF CONTENTS

CHAPTER  ONE:
1.0 INTRODUCTION
1.1 BACKGROUND OF THE STUDY
1.2 STATEMENT OF PROBLEM
1.3 OBJECTIVE OF STUDY
1.4 SIGNIFICANCE OF THE STUDY
1.5 THE SCOPE AND LIMITATIONS
1.6 OPERATIONAL DEFINITION OF TERMS

CHAPTER  TWO:
2.0 LITERATURE REVIEW
2.1 THE CHARACTERISTICS OF CAPITAL EXPENDITURE
2.2 TYPES OF INVESTMENT DECISION
2.3 IMPORTANCE OF CAPITAL EXPENDITURE
2.4 FORECAST/BUDGETING
2.5 OBJECTIVE OF BUDGETING

CHAPTER THREE:
3.0 RESEARCH METHODOLOGY
3.1 THE SECONDARY DATA
3.2 SAMPLING PROCEDURE
3.3 DATA COLLECTION METHOD
3.4 METHOD OF ANALYSES

CHAPTER FOUR:
4.0 FINDING

CHAPTER  FIVE:
5.0 CONCLUSION AND RECOMMENDATION
5.1 BIBLIOGRAPHY

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