Role of Treasury Single Account in the Optimization of Public Sector Funds in Nigeria
DOI:
https://doi.org/10.33003/fujafr-2024.v2i4.141.60-73Keywords:
Treasury Single Account, Public Sector Funds, Funds Optimization, NigeriaAbstract
This study delves into the Treasury Single Account (TSA) and its role in the optimization of public sector funds in Nigeria. In the quest to obtain accurate data for this research project, primary data was gathered through a well-structured questionnaire designed to elicit responses from participants, thus fulfilling the prerequisites of this study. The population of the study is 80 staff of the Central Bank of Nigeria (CBN) and the Office of Accountant General of the Federation (OAGF). The survey was conducted through the administration of a structured questionnaire. Descriptive statistics and regression analysis were used in the study. The findings of the study revealed that the Treasury Single Account plays a significant role in optimizing public sector funds. The study concluded that TSA is significant in the optimization of public sector funds in Nigeria. For the purpose of efficiently managing and ensuring transparency and accountability in the utilization of public funds, the government of Nigeria ought to strengthen and consolidate on the gains of implementing the TSA system.
References
Downloads
Published
Issue
Section
License
Copyright (c) 2024 FUDMA Journal of Accounting and Finance Research [FUJAFR]
This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License.
The FUDMA Journal of Accounting and Finance Research (FUJAFR) operates a copyright policy that ensures a balance between author rights and wide dissemination of scholarly work.
1. Author Copyright Retention
Authors retain full copyright of their published work without restriction. Submission to FUJAFR does not transfer ownership of copyright to the journal.
2. License to Publish
By submitting a manuscript and upon acceptance, authors grant FUJAFR:
- The right to publish, reproduce, and distribute the article
- The right to identify itself as the original publisher of the work
This grant is non-exclusive, meaning authors are free to reuse their work in other contexts, provided proper acknowledgment of the original publication in FUJAFR is made.
3. Licensing of Published Content
All articles are published under the:
Creative Commons Attribution-NonCommercial License (CC BY-NC 4.0)
Under this license:
- Users may share and adapt the work for non-commercial purposes only
- Proper attribution to the author(s) and the journal is required
- Any commercial use requires explicit permission from the copyright holder
4. Author Reuse Rights
Authors are permitted to:
- Archive their published articles in institutional repositories or personal websites
- Share their work for educational and research purposes
- Reuse portions of their work in future publications (e.g., books or other articles), provided proper citation of the original publication is included
5. Third-Party Content
Authors are responsible for obtaining permission to use any third-party copyrighted material (e.g., images, tables, datasets) included in their manuscripts. Proper acknowledgment must be provided where required.
6. Attribution Requirement
All users of FUJAFR content must provide appropriate credit, including:
- Author name(s)
- Article title
- Journal name (FUJAFR)
- Year of publication
