IIARD International Institute of Academic Research and Development

INTERNATIONAL JOURNAL OF ECONOMICS AND FINANCIAL MANAGEMENT (IJEFM )

E-ISSN 2545-5966
P-ISSN 2695-1932
VOL. 9 NO. 1 2024
DOI: https://doi.org/10.56201/ijefm.v9.no1.2024.pg1.14

---

Impact of Treasury Single Account on Public Finance Management in Nigeria. Pre and Post Implementation Analysis

Ubesie, Cyril Madubuko Ph.D , Ochiaka Mercy Ifeyinwa & Madueke , Chizoba Perpetual

---

Abstract

This study examined the impact of Treasury Single Account (TSA) on the public finance management in Nigeria. The study investigated how the implementation of TSA in Nigeria affected revenue collection, public cash management, federation account allocation and corruption control in Nigeria. The paper used secondary data collected from Central Bank of Nigeria statistical bulletin and transparency international from 2010-2014 (pre adoption period) to 2015-2019 (post-adoption period). T-test statistical technique was employed to analyze the data. The findings of the study revealed that TSA has a negative and insignificant effect on government revenue, public cash management, federal account allocation, as well as corruption control in Nigeria. The study recommends that government should strengthen the system of implementation of TSA in Nigeria and all resources of leakages to total government revenue should be investigated forensically and such loopholes filled. Moreover government should devise other means of cash management and reduce so much reliance on TSA implementation.

keywords:

Treasury Single Account, Revenue, public cash management, federation account allocation, corruption control, Nigeria, Economic growth.

---

References:

Adeagbo Khadijat A, Oladeji, W.S. (2019). Treasury Single Account – A tool for preventing
leakages and enhancing accountability of public funds in Nigeria. International
Journal of Social Sciences and Management Review.2(4), 72-86.

Adebayo Adesodun Isaac, Micah J. Akinyele and Adeduro A. Ogunmakin (2020). Effects of
Treasury Single Account (TSA) on Government Expenditure in Nigeria (2011-
2018).European Journal of Accounting Finance and Investment. 6(3). 164-170.

Adeolu, I.U. (2015). Understanding the Treasury Single Account System, - Things you should
know. Business and Economy, Market Development, Abuja. Office of the Accountant
General of the Federation.

DOWNLOAD PDF

---

Back