Economics, Econometrics and Finance
8 years ago

Treasury Single Account in Nigeria: Striving for Transparency and Accountability

Africa’s Public Service Delivery and Performance Review
Treasury Single Account – Transparency and Accountability in Public Finance Management in Nigeria: The Journey So Far
Chinyeaka Justine Igbokwe-Ibeto, Barisua Barry Nkomah, Kehinde Ohiole Osakede, Ruth Fanny Kinge

Paper Summary

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The article discusses how the Treasury Single Account (TSA) policy in Nigeria aims to improve transparency and accountability in public finances. It explores the challenges and benefits of implementing TSA, suggesting that while it can help ensure government funds are used properly, caution is needed due to Nigeria's unique circumstances. The paper recommends a gradual and careful approach to adopting TSA to strengthen institutions and prevent misuse of funds.