TREASURY SINGLE ACCOUNT AND ACCOUNTABILITY IN NIGERIA

Authors

  • Dr. Omah Patience C.

Abstract

The purpose of this study was to examine the policy of Treasury Single Account (TSA) as an essential tool for enhancing accountability in public sector financial. Theoretically, it is expected that TSA would bring about mutual benefit, halt economic injustice and engender financial discipline, transparency, accountability, a new economic and political order in Nigeria. The population of this study were Ministries, Department and Agencies (MDAs) within Port Harcourt metropolis using a sample of 72 respondents through judgmental sampling. The data were analyzed using the Pearson Correlation techniques. The result of this research shows that adoption of a Treasury Single Account (ISA) is capable of plugging financial loopholes, promoting transparency and accountability in the public Financial System. Thus, the study recommended that for the success of this policy government should promulgate more legislation to make it mandatory for all the three tiers of government in Nigeria.

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Published

2024-01-05

How to Cite

Patience C., D. . O. (2024). TREASURY SINGLE ACCOUNT AND ACCOUNTABILITY IN NIGERIA. BW Academic Journal, 8. Retrieved from https://bwjournal.org/index.php/bsjournal/article/view/1681