EFFECT OF TREASURY SINGLE ACCOUNT (TSA) ON PERFORMANCE OF PUBLIC INSTITUTIONS IN NIGERIA: A STUDY OF NNAMDI AZIKIWE UNIVERSITY (UNIZIK) 2017-2020

Abstract

The study examines the effect of TSA on performance of Nnamdi Azikiwe University, Awka. The study adopted survey design. The study made use of both primary and secondary data. The target population of the paper comprises of staff of Nnamdi Azikiwe University. The population of study is made up of 8037 staff comprising of 2702 teaching staff and 5335 non-teaching staff. The sample size of 380 was determined using the Taro Yamanne Formula of 1964 while simple random sampling method was adopted in this study. Quantitative data collected using a questionnaire was analyzed by the use of descriptive statistics using the Statistical Package for Social Sciences (SPSS) and presented through mean and standard deviation while inferential statistics such Pearson correlation analyses was adopted in the test of hypotheses at 0.05 level of significance. The study revealed that there is no significant relationship between the perceived usefulness of the TSA policy and management of funds for infrastructural development in Nnamdi Azikiwe University:  There is no significant relationship between the ease of using the TSA policy and how funds are released for staff welfare and development in Nnamdi Azikiwe University. Based on the findings of this work, the following recommendations were made; Government should prepare a platform subsumed under the TSA that ensures that funds for citadels of learning especially universities are made readily available and ready to be disbursed when needed. They should also look into the budgetary allocation of the educational sector as education is an important tool in building competent leaders of tomorrow if properly equipped: There should exist, an independent system that will act as check on disbursement of funds sent out through the TSA in the university system to ensure that monies assigned for different purposes are used as spelt out while been demanded for.