FINANCIAL ADMINISTRATION RULES AND TRANSPARENCY IN NIGERIA
Description
The public sector has been plagued with accusations of misappropriation of cash and this has continued to weaken the
transparency role of the government. Governments, in a bid to restore their image, have continued to put in place
policies to curb financial leakages and improve transparency in the management of public funds. Hence, this study
examined the effect of financial administration rules on transparency in federal Ministries, Departments, and Agencies
(MDAs) in Ekiti State; specifically, the rules such as the treasury single account system, government integrated
financial management information system, and integrated personnel payroll information system policies. The study
adopted the primary data method by administering the questionnaire. The study used a survey research design to gather
information. The population for the study is 253 heads and directors of federal ministries, departments, and agencies
in Ekiti State, while the sample size is one hundred and fifty (150) heads and directors of MDAs chosen through
purposive sampling technique because study data were gathered directly from targeted respondents. The data were
analyzed using descriptive and ordinary least square regression. The findings of the study revealed that a treasury
single account with a p-value of 0.05 = < 0.05 had a positive significant effect on transparency. Government integrated
financial information system with a p-value of 0.000 = < 0.05 had a significant effect on transparency and an integrated
personnel payroll information system with a p-value of 0.000 = < 0.05 had a positive significant effect on transparency.
The study established that treasury single account, government integrated financial information system, and integrated
personnel payroll information system which are the variables used to measure financial administration rules do
influence transparency. The study recommended that the government ensure that they maintain these financial
administration rules and that they have proved to have an impact on the government's cash-controlling potential and
enhanced transparency and credibility of the government.
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Feb-2025-19-1739958363-FEB32.pdf
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Additional details
Dates
- Available
-
2025-02-19
Software
References
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