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Q . . . Q1. The Ministry of Agriculture in Kogi State of Nigeria is about to prepare its 2019 Budget for submission to the State Budget and Planning Department. The Rural and Extension Division of the Ministry has made available to you the following information in respect of its personnel costs. Job Title Number Grade Level Salary in post (GL) Director of Agriculture 17 60,000x 20,000 Deputy Director of Agriculture N 16 55,000x 18,000 Assistant Director of Agriculture 15 50,000x 15,000 Chief Accountant 14 45,000x 12,000 Assistant Chief Accountant 13 40,000x 10,000 Principal Accountant 12 35,000x 9,000 Senior Extension Officers CO 10 30,000x 8,000 Senior Superintendent Officer 1 09 25,000x 7,000 Senior Superintendent Officer II 10 08 20,000x 6,000 Principal Trade Officer 12 10 30,000x 8,000 Senior Trade Officer 10 09 25,000x 7,000 Higher Trade Officer 12 08 20,000x 6,000 1 Executive Trade Officer 15 07 15,000 x 5,000 Assistant Executive Trade Officer 18 06 12,000x 4,000 Clerical Officer 25 04 10,000x 3,000 Assistant Clerical Officer 20 03 8,000 x 2,000 Office Assistant 5 03 8,000 x 2,000 Drivers 10 03 8,000 x 2,000 Cleaners 12 03 8,000 x 2,000 The following relevant information is also available. (1) All the salary levels shown above are step 2 of the grades and it is the Ministry's policy to prepare personnel cost budget based on step 5 of the grade level. (il) The Director is retiring, and One Deputy Director, two Assistant Directors, one Chief Accountant are due for promotion during the budget year. (ill) During 2019, four Senior Extension Officers will be employed to strengthen the Rural and Extension Division. (iv) Staff allowances constitute 80% of staff salary. Required to: Prepare in summary form, personnel cost budget for the Rural and Extension Division of the Ministry. (25 Marks) Q2. Discuss the objectives and forms of a Parastatal. (15 marks) Q3. Explain the sources of revenue available to Government Hospitals and Universities. (15 ma Q4. Analyse the political and economic benefits of International Public Sector Standards (IPSAS) to the Nigerian Public Sector. (15 marks) Q5. Describe the factors that militate against effective budgeting and implementation in Nigeria. (15 marks)