TREASURY SINGLE ACCOUNT (TSA) AND NIGERIA’S ECONOMIC JOURNEY: A CRITIQUE

Abstract

This study, treasury single account and Nigeria’s economic Journey: A critique, evaluates the conceptual and operational framework of Treasury Single Account in Nigeria, reviewed empirical and outlined both the benefits and problems hindering the success of treasury single account in Nigeria after more than a decade of its full implementation in Nigeria, highlighted the criticism and among other things recommends that treasury single account should be adopted by all the levels of the governments, the federal, state and local government, that they should be independent monitoring bodies to check progress and application in order to achieve its core objectives especially transparency, accountability and improved revenue collection, as well as display of political will by the political leaders, and punishment for agencies and chief executive officers of government institutions who have refused to implement treasury single account.