Browsing by Author "Garba, Binta"

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    DETERMINANTS OF FINANCIAL SUSTAINABILITY OF WATER COMPANIES IN NASARAWA STATE
    (DEPARTMENT OF BUSINESS ADMINISTRATION FACULTY OF ADMINISTRATION NASARAWA STATE UNIVERSITY, KEFFI, 2017-11-10) Garba, Binta
    The unique potential of water companies to reduce poverty and sustain itself can easily be lost if they are not committed to continue extending services to the low-income households on a long term basis. The objective of this study was to investigate the factors influencing financial sustainability of water companies operating in Nasarawa State. Descriptive case study design was adopted to answer the research problem which is to investigate the factors that determine financial sustainability in water companies. Data on the financial and operational performance of the firms was obtained from the Nigeria National Audit office, financial statements and Water Services Regulatory Board, sector evaluation report by Water services Regulatory Board. The target population of this study was the water companies in Nasarawa State, Nigeria. The study found that water companies in Nigeria though faces challenges, have enjoyed sustainable Operationalization of business. Most water companies are cushioned against financial losses being trustees and NGO funded. To ensure financial sustainability water companies in Nigeria have been providing differentiated access to finances which ensures that they are able to meet their customer expectations. The water companies’ financial sustainability has been ensured by beefing up their service delivery and reducing credit risks at the same time as well as obtaining finances from both local and international donors. The study finally concludes that water companies’ financial sustainability is influenced positively by total operating income, net loan portfolio and funds from government and donor agencies increases the water companies’ sustainability and negatively by debt equity ratio, total operating expenses and average loan size. The study recommends that water companies should solicit for more funds from donors, increase the range of services they provide and beef-up their governance structure since financial sustainability is achieved when service and infrastructure levels and standards are delivered according to a long term plan.
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    THE POSITIVE IMPACT OF SUCCESSION PLANNING AND STAFF DEVELOPMENT AT THE NIGERIAN FINANCIAL INTELLIGENCE UNIT (NFIU) OF THE EFCC
    (Department of Business Administration, Nasarawa State University, Keffi., 2014-12-12) Garba, Binta
    The need to focus on succession planning in Nigerian Financial Intelligence Unit is due to the fact that many promising agencies have either collapsed or doing poorly over the years soon after the demise/exit/retirement of their performing leadership. Using the interview method of data collection, the study seeks to explore the issues involved in succession planning, the challenges and best practices of succession planning in NFIU and how these have threatened the perpetuity principle in management of the commission in Nigeria. The study concludes that NFIU had no succession plan or exist strategy for directors who are retiring and that criteria for succession are not based on talent from within. Based on its findings, the study recommends that an organizational structure should be implemented so that employees know who is next in line and what is expected of them, so that if anything is to happen to top management NFIU can still carry on. Identified top managers should be groomed and developed to ensure that they know what is expected to fill the vacant positions. Implementing a formal succession plan is very important to ensure that all aspects have been looked at if something is to happen