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Monetisation Policy and Staff Productivity in Federal Ministries in Nigeria

Received: 2 December 2022    Accepted: 26 December 2022    Published: 6 July 2023
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Abstract

In 2015, the Jonathan administration attempted a review of the monetisation policy in the civil service after over a decade of its continuous implementation in Nigeria. The administration discovered that despite helping government reduce expenditure cost in the civil service, the implementation of the policy has engendered unexpected consequences in the area of productive commitments of public servants. This study examined the effect of the implementation of the monetisation policy on staff productivity in selected Federal Ministries. The study adopted a descriptive survey research design. Primary and secondary data were used for the study. Primary data were collected through the administration of questionnaire and conduct of interviews. The study population comprised 1710 staffs from Ministries of Finance, Communications and Science and Technology. Simple random sampling technique was used to select a sample size of 342 respondents, representing 20% of the study population. Interview was conducted with eight Directors, two from each Ministry. The data collected were analysed using percentages, mean and content analysis. The result showed that implementation of monetisation policy has not positively affected staff productivity in the Federal Ministries. The respondents disagreed with the effect of monetisation on the following indicators: high quality work outcome (3.95), large amount of work (4.0) and timely submission of reports (3.96). The study concluded that monetisation policy does not have positive effect on staff productivity in the Federal Ministries.

Published in International Journal of Health Economics and Policy (Volume 8, Issue 3)
DOI 10.11648/j.hep.20230803.11
Page(s) 57-61
Creative Commons

This is an Open Access article, distributed under the terms of the Creative Commons Attribution 4.0 International License (http://creativecommons.org/licenses/by/4.0/), which permits unrestricted use, distribution and reproduction in any medium or format, provided the original work is properly cited.

Copyright

Copyright © The Author(s), 2024. Published by Science Publishing Group

Keywords

Monetisation, Policy, Productivity, New Public Management, Public Sector, Implementation

References
[1] Aduma, A. T and Eneh, M (2016) Monetisation Policy and Productivity of Civil Servants.
[2] Agba, M.S. (2006). The monetisation policy of federal government of Nigeria and its implication. An African Journal of Philosophy, 8 (2) 77-83.
[3] Aluko, M. Monetization of Fringe Benefits in the Nigerian Public Service, Burtons Ville, MD, USA 2003.
[4] Ayapere, P. (2015). The effect of monetisation on federal civil servants in Nigeria. Public Policy and Administration Research, 5(1)103-135.
[5] Bakare, A. S. (2011) The Economic Implication of Monetisation Policy in Nigeria. Journal of Economics and Sustainable Development, 2 (3) 60-71.
[6] Egeonu, P.C. Abada, I. M. and Okonkwo, I. G. (2021). Issecting The Monetisation of Workers Benefit Policy and Workers Productivity in Nigeria Public Sector: 2004-2020. The Academy Of Social Science Journal Journal. https://doi.org/10.15520/assj.v7i8.2696
[7] Fayomi, I. O (2013) Monetization policy in Nigerian public service: The perspective and challenges. International Journal of Educational Research and Development 2 (5), pp. 105-113, Academe Research Journals.
[8] Nweke, E. N. (2012) Reform without People in Nigeria: Understanding the Implication of “ownership gap” in implementing the Monetization of Fringe Benefits in Public Sector. Developing Country Studies ISSN 2224-607X (Paper) ISSN 2225-0565 (Online) Vol 2, No. 8.
[9] Obodo, Nick, A. (2016) Challenges of Policy Implementation in Nigeria: A Case of Monetisation Policy. International Journal of Social Sciences and Management Research Vol. 2 No. 1 2016 ISSN: 2545-5303 www.iiardpub.org
[10] Ogunkuade, I. M. (2016). The Impact of Monetisation Policy on Public Service: A Case Study of Nigerian Copyright Commission. An International Multi-disciplinary Journal, Ethiopia AFRREV @ Ten, Vol. 10 (5), Serial No. 44, September, 2016: 213-229. DOI: http://dx.doi.org/10.4314/afrrev.v10i5.15.
[11] Olatunji,.A. Muhammed A.Y and Raji.A. (2013). Monetization Of Fringe Benefits In The Nigeria’s Fourth Republic: Analyses In Retrospect. Journal of Management and Entrepreneurial Development Volume 3, Number 1, 2013.
[12] Olaopa, T. (2008) Theory and Practice of Public Administration and Civil Service Reforms in Nigeria. Ibadan: Spectrum Books Limited.
[13] OSGF (2015) Public Service Reforms in Nigeria 1999-2014. A Comprehensive Reviews.
[14] Teniola, E (2016). The Monster Called Monetisation. The Guardian Newspaper (February 26).
[15] Ukwandu, D. C. and Onyema, C (2019) Effects of monetization policy on employee performance in the Nigerian civil service. Africa Public Service Delivery & Performance Review. Vol 7, No 1.
Cite This Article
  • APA Style

    Matthew Olu Okotoni, Oluwafisayo Olamiposi Falowo. (2023). Monetisation Policy and Staff Productivity in Federal Ministries in Nigeria. International Journal of Health Economics and Policy, 8(3), 57-61. https://doi.org/10.11648/j.hep.20230803.11

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    ACS Style

    Matthew Olu Okotoni; Oluwafisayo Olamiposi Falowo. Monetisation Policy and Staff Productivity in Federal Ministries in Nigeria. Int. J. Health Econ. Policy 2023, 8(3), 57-61. doi: 10.11648/j.hep.20230803.11

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    AMA Style

    Matthew Olu Okotoni, Oluwafisayo Olamiposi Falowo. Monetisation Policy and Staff Productivity in Federal Ministries in Nigeria. Int J Health Econ Policy. 2023;8(3):57-61. doi: 10.11648/j.hep.20230803.11

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  • @article{10.11648/j.hep.20230803.11,
      author = {Matthew Olu Okotoni and Oluwafisayo Olamiposi Falowo},
      title = {Monetisation Policy and Staff Productivity in Federal Ministries in Nigeria},
      journal = {International Journal of Health Economics and Policy},
      volume = {8},
      number = {3},
      pages = {57-61},
      doi = {10.11648/j.hep.20230803.11},
      url = {https://doi.org/10.11648/j.hep.20230803.11},
      eprint = {https://article.sciencepublishinggroup.com/pdf/10.11648.j.hep.20230803.11},
      abstract = {In 2015, the Jonathan administration attempted a review of the monetisation policy in the civil service after over a decade of its continuous implementation in Nigeria. The administration discovered that despite helping government reduce expenditure cost in the civil service, the implementation of the policy has engendered unexpected consequences in the area of productive commitments of public servants. This study examined the effect of the implementation of the monetisation policy on staff productivity in selected Federal Ministries. The study adopted a descriptive survey research design. Primary and secondary data were used for the study. Primary data were collected through the administration of questionnaire and conduct of interviews. The study population comprised 1710 staffs from Ministries of Finance, Communications and Science and Technology. Simple random sampling technique was used to select a sample size of 342 respondents, representing 20% of the study population. Interview was conducted with eight Directors, two from each Ministry. The data collected were analysed using percentages, mean and content analysis. The result showed that implementation of monetisation policy has not positively affected staff productivity in the Federal Ministries. The respondents disagreed with the effect of monetisation on the following indicators: high quality work outcome (3.95), large amount of work (4.0) and timely submission of reports (3.96). The study concluded that monetisation policy does not have positive effect on staff productivity in the Federal Ministries.},
     year = {2023}
    }
    

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  • TY  - JOUR
    T1  - Monetisation Policy and Staff Productivity in Federal Ministries in Nigeria
    AU  - Matthew Olu Okotoni
    AU  - Oluwafisayo Olamiposi Falowo
    Y1  - 2023/07/06
    PY  - 2023
    N1  - https://doi.org/10.11648/j.hep.20230803.11
    DO  - 10.11648/j.hep.20230803.11
    T2  - International Journal of Health Economics and Policy
    JF  - International Journal of Health Economics and Policy
    JO  - International Journal of Health Economics and Policy
    SP  - 57
    EP  - 61
    PB  - Science Publishing Group
    SN  - 2578-9309
    UR  - https://doi.org/10.11648/j.hep.20230803.11
    AB  - In 2015, the Jonathan administration attempted a review of the monetisation policy in the civil service after over a decade of its continuous implementation in Nigeria. The administration discovered that despite helping government reduce expenditure cost in the civil service, the implementation of the policy has engendered unexpected consequences in the area of productive commitments of public servants. This study examined the effect of the implementation of the monetisation policy on staff productivity in selected Federal Ministries. The study adopted a descriptive survey research design. Primary and secondary data were used for the study. Primary data were collected through the administration of questionnaire and conduct of interviews. The study population comprised 1710 staffs from Ministries of Finance, Communications and Science and Technology. Simple random sampling technique was used to select a sample size of 342 respondents, representing 20% of the study population. Interview was conducted with eight Directors, two from each Ministry. The data collected were analysed using percentages, mean and content analysis. The result showed that implementation of monetisation policy has not positively affected staff productivity in the Federal Ministries. The respondents disagreed with the effect of monetisation on the following indicators: high quality work outcome (3.95), large amount of work (4.0) and timely submission of reports (3.96). The study concluded that monetisation policy does not have positive effect on staff productivity in the Federal Ministries.
    VL  - 8
    IS  - 3
    ER  - 

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Author Information
  • Department of Public Administration, Faculty of Administration, Obafemi Awolowo Uiversity, Ile-Ife, Nigeria

  • Department of Public Administration, Faculty of Administration, Obafemi Awolowo Uiversity, Ile-Ife, Nigeria

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