ABSTRACT
This study focused on investigating
the effect of Treasury Single Account on the economic growth of Nigeria from
the period of 2012-2016. Specifically, it examined the effect of Treasury
Single Account on Gross Domestic Product of Nigeria; the effect of Treasury
Single Account on the Gross National Product of Nigeria; effects of Treasury
Single Account on GDP per capita and the effects of Treasury Single Account on
GNP per capita. The study applied ex post facto research design. Treasury
Single Account proxied by deposit to Central Bank, credit from Central bank and
money supply, and Economic Growth proxied by GDP, GNP, GDP per capital and GNP
per capital, were the variables studied in this work. Secondary data were
sourced from CBN Statistical bulletin, internet and journals for the analysis
of the study. Generalized Least square multiple regression analytical tool was
used to test the Hypotheses. The findings showed that, treasury single account
had positive significant effect on economic growth of Nigeria. The results of
this study showed that economic growth is positively affected by treasury
single account (proxied by deposit to Central Bank, credit from Central bank and
money supply). The study also revealed that there is a very high relationship
between treasury single account and economic growth. The researcher therefore
recommended the establishment of an enhanced financial system to ensure a
strict observance of financial action task force. Also, there should be a need
for greater harmonization of fiscal and monetary policies.
ONAH, L (2021). Effect Of Treasury Single Account On Economic Growth Of Nigeria (2012-2016).. Mouau.afribary.org: Retrieved Nov 01, 2024, from https://repository.mouau.edu.ng/work/view/effect-of-treasury-single-account-on-economic-growth-of-nigeria-2012-2016-7-2
LUCY, ONAH. "Effect Of Treasury Single Account On Economic Growth Of Nigeria (2012-2016)." Mouau.afribary.org. Mouau.afribary.org, 05 Jul. 2021, https://repository.mouau.edu.ng/work/view/effect-of-treasury-single-account-on-economic-growth-of-nigeria-2012-2016-7-2. Accessed 01 Nov. 2024.
LUCY, ONAH. "Effect Of Treasury Single Account On Economic Growth Of Nigeria (2012-2016).". Mouau.afribary.org, Mouau.afribary.org, 05 Jul. 2021. Web. 01 Nov. 2024. < https://repository.mouau.edu.ng/work/view/effect-of-treasury-single-account-on-economic-growth-of-nigeria-2012-2016-7-2 >.
LUCY, ONAH. "Effect Of Treasury Single Account On Economic Growth Of Nigeria (2012-2016)." Mouau.afribary.org (2021). Accessed 01 Nov. 2024. https://repository.mouau.edu.ng/work/view/effect-of-treasury-single-account-on-economic-growth-of-nigeria-2012-2016-7-2