Implications of Treasury Single Account on Financial Flows in Public Institutions in Nigeria
 /  Implications of Treasury Single Account on Financial Flows in Public Institutions in Nigeria

Implications of Treasury Single Account on Financial Flows in Public Institutions in Nigeria


ELEJE, Edward Ogbonnia (Ph.D), ADEBAYO, Gbenga Ayodele, Bosun-fakunle Yemisi Funmilayo

ABSTRACT
Paper investigates Treasury Single Account (TSA) implications on financial flows in public institutions in Nigeria.Using data from four (4) federal universities in the north-east and north-central geopolitical zones of the country namely; Federal University of Technology, Yola; Federal University, Wukari, Federal University of Agriculture, Markurdi, and Federal University, Lafia, the paper sought to empirically evaluate the significant effect of TSA on financial disbursements as well as financial leakages. Two major hypotheses were formulated to govern the study. The study adopted survey research method. Respondents were selected using random sampling technique and generated data was tested with the aid of chi-square statistic. Descriptively, a large proportion of respondents strongly agreed that TSA has a significant effect on both financial disbursements for developmental projects and financial leakages. Consistently, the two alternative hypotheses were accepted and their respective null hypotheses rejected because their calculated chi-square values were greater than their tabulated chi square values. The paper among others recommend that government should urgently design appropriate strategy to speed up the flow of funds to federal universities to enhance quick delivery of routine work and developmental projects.

Journal Article
PDF, 137.2 KB
Creative Commons LicenseCreative Commons license
Accounting, Banking and Finance
N/A
N/A
Christian Bassey
17th April, 2018
17th April, 2018
http://oer.educationobjects.uk/wp-content/uploads/2015/04/Obienu-Anayochukwu-TowardsanEffectiveUseofUniversityEmailSystem.pdf


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