Original Research Article | OPEN ACCESS

Treasury Single Account and Deposit Money Banks in Nigeria

For correspondence:-    

Received: 27 April 2018        Accepted: 30 May 2018        Published: 30 June 2018

Citation: Treasury Single Account and Deposit Money Banks in Nigeria. Account Tax Rev 2003; 2(2):91-100 doi:

© 2003 The authors.
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Abstract

The study provides an appraisal of Treasury Single Account in Nigeria. The study employs primary data as questionnaire were administered to the employees of five new generation banks such as Zenith Bank Plc, Access Bank Plc, Fidelity Bank Plc, Guarantee Trust Bank Plc and Diamond Bank Plc to elicit necessary information on the effectiveness of TSA in promoting economic development. A major finding of the study was that the application of TSA enhances economic development in Nigeria. It was recommended that the federal government should use professionals and regulatory bodies to design and implement TSA system at the state level.

Keywords: Treasury Single Account, Economic Development, and Appraisal