TREASURY SINGLE ACCOUNT AND NON-FINANCIAL PERFORMANCE OF FEDERAL INSTITUTIONS IN OGUN STATE
By Afolabi, Adegboyega, Akinde Mukail A, Itiola, Taiwo A. ,Ariyibi Oluwaseun G
Volume 10 • Issue No 2 • May 2026
Abstract
The Treasury Single Account (TSA) is a central bank-maintained policy that consolidates all government revenues and payments. The goal of TSA is to ensure the accountability of government funds, enhance transparency, and prevent corruption and misuse of public money. This study investigated the effect of treasury single account on non-financial performance of federal institution in Ogun state, with a view to examining the effects on financial autonomy (FA) and accountability and transparency (AT). This study adopted a survey research design. Purposive sampling technique was used to select a sample size of ten (10) federal institution from a population of sixteen (16) federal institutions in Ogun state. Data were obtained from 249 account (or bursary) and audit staff of the selected federal institutions from population of 660 using Taro Yamane and questionnaire. Data were analysed using descriptive Statistics and inferential statistics. The result indicated that treasury single account has positive significant effect on FA (Adj R2 = 0.591, FStat =121.586, P=0.000<0.05), and AT (Adj R2 = 0.510, F-Stat =87.566, P=0.000<0.05). The study concluded that treasury single account (TSA) has a positive significant effect on non-financial performance of federal institutions in Ogun State. The study recommended that Federal Government should utilize the implementation of TSA to motivate the Management and employees not only focusing on financial parameters but also using non-financial encomiums to enhance their performance.
Keywords
Accountability, Financial Autonomy, Transparency, Treasury Single Account, Non-Financial Performance.