Administration Cost and Domestic Financing in Nigeria (A Case Study of National Commission for Museum and Monuments Ile -Ife, Osun State)

The study explored the administration cost and domestic financing in Nigeria with reference to organization of government departments and agencies regarded cost management. As regarded in this study, National Commission for Museum and Monuments Ile -Ife, Osun State was used as case study of a governmental Institution. Thus, 150 questionnaires were distributed among the museum staff in other stations and other government departments and agencies for a cross balancing of facts of the variables used in the study. Independent variable, proxied, (general administration cost) and dependent variable, proxied (internal loan). Structured questionnaire was employed as Primary data. Hypothesis was raised and tested. Chi-square statistics simple percentage, tabulation, Ordinary Least Squares (OLS) and SPSS were adopted. The study found that the Chi-Square statistics showed that general administration cost had a significant relationship on the internal loans of the Nigerian government. The study concluded that government administration cost had a significant impact on domestic financing of Nigerian government. The study recommended that national budget in running the administrative offices should be reduced and manage efficiently in order to curb excessive spending.