WILBERFORCE JOURNAL OF THE SOCIAL SCIENCES (WJSS)
ISSN: 2504 – 9232
Volume 2, No. 1, March 2017
Pages 18-31
DOI: 10.36108/wjss/7102.20.0120
AN ANALYSIS OF BUREAUCRATIC EFFICIENCY IN THE FINANCIAL MANAGEMENT OF TREASURY SINGLE ACCOUNT (TSA) POLICY IN NIGERIA
FRANCIS CHINWE CHIKWEM
Abstract
The study tries to evaluate the workability of the Treasury Single Account (TSA) in a corrupt-riddled bureaucracy in Nigeria. Using empirical evidence from primary and secondary sources, which build upon the organizational and public choice models of bureaucracy, the study unravels inundation of complaints from some government parastatals about difficulty in making simple payments and procurements since the implementation of TSA and suggest that Nigerian government should review TSA to work in all banks for easy accessibility to government, her agencies, Central Bank of Nigeria (CBN) and the multiplier effect of money.
Keywords: Treasury Single Account, Bureaucratic Efficiency, Organizational Theory of Bureaucracy, Public Choice Theory of Bureaucracy, Nigeria.