ACCOUNTING SYSTEMS AND GHOST WORKERS SYNDROME IN NIGERIA
Abstract
Ghost worker syndrome, a means through which huge sums of honey are siphoned from public treasury, has become an age-long problem that seems intractable in Nigeria and other developing countries. Some measures like privatization, commercialization, often retrenchment wave been adopted to tackle this hydra-headed monster, all to no avail. this study has come up with a solution: Accounting syslems with an in‑Built control system to preclude and detect fraud. Chi-Square value was Computed and compared it with X0 Since X'is greater than X0.05, This implies that Accounting Systems can he used to solve the Ghost Worker Syndrome, with the in-built control system in use, over bloated wage hill can be reduced to an acceptable levels: below 40%. By this, Governments can take care of the sectors of the Economy --- Capital projects like Road Construction. Agriculture, Industries, etc. that can help to accelerate economic growth and development of the State, in the light of the immediate foregoing, When this is achieved, governments can access enough money to embark on life transformation projects. The only conditions needed to accomplish the above are Transparency and good Accountability.
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