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This paper dwells on an appraisal of Treasury single account (TSA) for sustainable development in Nigeria. Over the years the government of Nigeria has been running a deficit budget yearly despite the fact that huge amount of money has been recorded as internally generated revenue. The numerous accounts operated by the federal Government through different ministries, departments and agencies makes it difficult for government to actually account for internally generated revenue. The objective of this paper is to analyzed the impact of TSA towards sustainable development in Nigeria. This study build on existing literatures on Treasury Single Account and sustainable development as base for the study, it employs theoretical literature with the aids of secondary data. Finding reveal that TSA if properly implemented will lead to sustainable development in Nigeria. The paper concluded that TSA will go a long way to curb corruption in high places and enshrine transparency to the public officials, The paper also concluded that the implementation of TSA in Nigeria will help in managing our resources efficiently and effectively to improve our economic situation in Nigeria. The paper recommended that there should be proper awareness to educate the general public particularly the MDAs on the benefits the nation stands to gain if TSA is fully operational in Nigeria, it also recommend that adequate training and retraining be organized regularly for TSA users.
Keywords:
Treasury Single Account, Appraisal, Sustainable Development, Nigeria
Cite Article:
"An Appraisal of Treasury Single Account (TSA) for Sustainable Development in Nigeria", International Journal for Research Trends and Innovation (www.ijrti.org), ISSN:2455-2631, Vol.7, Issue 8, page no.899 - 903, August-2022, Available :http://www.ijrti.org/papers/IJRTI2208155.pdf
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000205213
ISSN:
2456-3315 | IMPACT FACTOR: 8.14 Calculated By Google Scholar| ESTD YEAR: 2016
An International Scholarly Open Access Journal, Peer-Reviewed, Refereed Journal Impact Factor 8.14 Calculate by Google Scholar and Semantic Scholar | AI-Powered Research Tool, Multidisciplinary, Monthly, Multilanguage Journal Indexing in All Major Database & Metadata, Citation Generator