Paper Title
Effects of Adoption of Treasury Single Account on Tertiary Institutions Finances in Nigeria
Abstract
Treasury single account (TSA) was introduced to control and block leakages of funds in government ministries,
Departments and Agencies. The perception of some stakeholders is that , the system constitute bottlenecks to the smooth
running of and slow down development in tertiary institutions in Nigeria. This study is conducted to examine the effect of
TSA on tertiary institution finances. The study use survey research design and data were collected from primary source
through the administration of questionnaire to respondents. Data collected were analysed using descriptive statistics and
kolmogorow smirnov non parametric statistic tool. The findings reveal that adoption of TSA impact negatively on human
capital development, and also place some challenges on the smooth running of tertiary institutions mostly in the area of
project implementation, Budget implementation and payment of conference or workshop allowance to attendee. The paper
concludes that TSA adoption inhibits the development of tertiary institutions in Nigeria. The paper recommends the need for
government to exclude some aspect of tertiary institutions revenue collection from TSA to enable them meet some extra
budgetary items and other running expenses that requires urgency and are time bound.
Keywords- Finances, Government, Nigeria, Tertiary Institutions, Treasury Single Account