Open Access
American Research Journal of Business and Management
ISSN (Online): 2379-1047
DOI: 10.46568/arjbm
The Adoption of the Treasury Single Account (Tsa) and Its Effect on Revenue Leakages of Nigerian States
Nigerian College of Accountancy, Kwall near Jos, Plateau State, Nigeria
Dr. Joseph. F. Adebisi, Ph.D., FcNA, AcTI, MNIM, MAcFEI, Okike B. Matthew, BSc. M. Sc., cNA. “The
Adoption of the Treasury Single Account (Tsa) and Its Effect on Revenue Leakages of Nigerian States”, American
Research Jornal of Business and Management Volume 2; pp:1-10
Abstract
The Treasury Single Account (TSA) is a system of accounting in the public sector where all government
revenue generated are paid into a single central account. It is an efficient way of managing public fund for
efficient and effective people oriented government. More so, it has been identified by the Federal Government
of Nigeria as an efficient tool for curbing revenue leakage, which some state government have adopted and
implemented, but it is not certain how this has played out so far at the state level. As such it is imperative to
study the effectiveness of the TSA in Nigerian state. Primary data were collected from via question while the
analysis was done using regression analysis with the aid of SPSS 22. The result of the study revealed that the
TSA adoption is an effective tool for curbing revenue leakage in Nigerian states. It is recommended that those
states that are yet to adopt the TSA, adopt and implement it for efficient fund management and curbing revenue
leakage. In addition, that adequate working system of the TSA should be put in place to ensure its objective is
achieved.
