Keywords: Public Service Reform; Treasury Single Account, Transparency

Abstract

This paper intends to examine the influence of the Treasury Single Account reform policy on transparency in the Nigerian public service. The public service occupies a pivotal position in a nation-state. In the recognition that an effective state depends on effective public service, necessitated the need for public service reforms in Nigeria. The paper explores the Treasury Single Account (TSA) implemented by the Buhari administration from 2015-2022 with the intent of assessing its implication for transparency in Nigeria's public service. The study employed the New Public Management Theory as a framework of analysis and relied mainly on secondary data from journals, government reports, and internet sources. The study revealed that the Treasury Single Account as a Consolidated Revenue Account (CRA) was geared towards enthroning accountability and transparency in public financial management, the study also revealed that the initiative is laudable, but there are teething challenges that demand measures to sustain the policy. It was concluded that the TSA reform policy was a step in the right direction towards curtailing corrupt practices in government, purging indiscipline in financial transactions, and fostering the sufficient flow of funds towards critical sectors that would drive socio- economic development, in addition, if the policy reform is implemented, it will improve the management of public funds. The study therefore, recommends that strategic training measures should be instituted to enhance the ICT proficiency of personnel handling the TSA transactions.

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Published: 2024

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