Evaluating treasury single account in selected Federal Ministries in Enugu State: A draft indicators and benchmark for performance assessment

Abstract

The importance of the introduction of treasury single account cannot be overemphasized given that it is principally to ensure accountability of government revenue, enhance transparency and avoid expropriation of public funds. Therefore, the study investigated the effect of treasury single account on the performance of selected Federal Ministries in Enugu State. The study adopted survey research design. Questionnaire. face- to- face interview and focus group discussion guide were the major tools used to elicit data from respondents. Data elicited were analysed with the aid of parametric and descriptive statistics. The study revealed among other things; that treasury single account has not significantly ameliorated fund misappropriation in selected federal ministries in Enugu State and treasury single account has not significantly enhanced prompt release of funds for goods and services in selected federal ministries in Enugu State. It is therefore the recommendation of the study that the adoption of TSA alone may not be sufficient to curb corruption in the Nigerian public sector hence the need for the judiciary, police, anti-graft agencies and the media in the country be strengthened to tackle the issues of corruption and ensure transparency, probity and timeliness in handling corruption related cases.