Treasury Single Account and Public Fund Management of Federal Government Agencies in Nigeria

IF 3 Q2 BUSINESS, FINANCE

Journal of Public Budgeting, Accounting and Financial Management Pub Date : 2023-09-12 DOI:10.56201/jafm.v9.no4.2023.pg116.141

Gogo Erasmus Eneisik, Chile Umezurike Ordu, Kpane Uwikor Moses

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Abstract

The study investigates the relationship between treasury single account and public fund management of federal government agencies in Nigeria. The population of the study consists of twenty federal government agencies in Nigeria. The study adopts purposive sampling techniques for the sample size. Primary data were obtained through five point likert scale structure questionnaire. A total of one hundred and fifty questionnaires were distributed to respondents and one hundred and twenty were collected successfully and used for the analysis. The study adopts Pearson’s Product Moment Correlation coefficient to test the hypotheses formulated with the aid of statistical package for social science version 22. The findings showed that there is a significant relationship between unified treasury single account and public revenue management of federal government agencies in Nigeria.Empirical evidence indicates that there is a significant relationship between centralized treasury single account and public revenue management of federal government agencies in Nigeria. Empirical evidence shows that there is a significant relationship between decentralized treasury single account and public revenue management of federal government agencies in Nigeria.Empirical evidence reveals that there is a significant relationship between hybrid treasury single account and public revenue management of federal government agencies in Nigeria. Thus, the study concludes that treasury single account has notably improved public funds management, accountability, and transparency, while reducing financial leakages, borrowing costs, and fostering better cash management.The study recommends among others that government should adopt unified treasury single account for public fund management in Nigeria.Government adopts decentralized treasury single account for public fund management in Nigeria.Government adopts hybrid treasury single account for public fund management in Nigeria.Govern

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尼日利亚联邦政府机构的财政单一账户和公共基金管理

本研究考察了尼日利亚联邦政府机构财政单一账户与公共资金管理的关系。研究对象包括尼日利亚的20个联邦政府机构。本研究在样本量上采用目的性抽样技术。主要数据通过五点李克特量表结构问卷获得。共向受访者发放了150份问卷，成功回收了120份用于分析。本研究采用皮尔逊积矩相关系数对借助社会科学第22版统计软件包制定的假设进行检验。研究结果表明，尼日利亚联邦政府机构统一国库单一账户与公共收入管理之间存在显著关系。实证证据表明，尼日利亚联邦政府机构集中国库单一账户与公共收入管理之间存在显著关系。实证证据表明，尼日利亚分权财政单一账户与联邦政府机构公共收入管理之间存在显著关系。实证表明，尼日利亚联邦政府机构混合国库单一账户与公共收入管理之间存在显著关系。因此，该研究得出结论，国库单一账户显著改善了公共资金管理、问责制和透明度，同时减少了财务泄漏、借款成本，并促进了更好的现金管理。该研究建议尼日利亚政府应采用统一的国库单一账户进行公共资金管理。尼日利亚政府采用分权式国库单一账户管理公共资金。尼日利亚政府采用混合国库单一账户管理公共资金。管理

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来源期刊

Journal of Public Budgeting, Accounting and Financial Management Social Sciences-Public Administration

CiteScore

7.80

自引率

19.40%

发文量

期刊介绍： Published four times a year, the Journal of Public Budgeting, Accounting & Financial Management (JPBAFM) is an international refereed journal which aims at advancement and dissemination of research in the field of public budgeting, accounting, auditing, financial and performance management. The journal is committed to be an outlet for rigorous conceptual and empirical works aimed at challenging and innovating the field of accounting, management and governance in entities operating in the public sphere or public-private sphere (territorial government entities, universities, schools, hospitals as well as state-owned enterprises, hybrid organizations, public and private partnerships, non-profit organizations, NGOs, etc.).

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