DOI: 10.36347/sjebm.2017.v04i04.005

Pages: 265-268

The TSA is principally a cash management tool for efficient management of the Government’s cash position. Before the implementation of the TSA policy, government was incurring finance cost on debit balances in some MDA’s accounts while it was earning close to nothing on the credit balances of other MDAs. The resources of the government were not efficiently accounted for as there was no control of its cash movement. This paper examines the impact of treasury single account policy on aggregate government cash control in Nigeria. Both primary and secondary data had been employed. The populations of this study is made up of Ministries, Department and Agencies (MDAs) within Cross River State. A sample of 103 respondents were selected from these MDA by adopting the Krejcie & Morgan sample determination technique. The data were analyzed using Statistical Package for Social Sciences (SPSS) 24 and hypothesis tested using t-statistics. The result of this research shows that the implementation of Treasury Single Account (TSA) has a positive significant impact on aggregate government cash resource control. Based on the finding of the study it was recommended that the government implement a regulatory framework to facilitate the effective implementation of the TSA across all Ministries, Departments and Agencies in Nigeria.