Raymond Nwandu


This study Analyzes the Impact of Treasury Single Account on the  Performance of   the banking sector in Nigeria.  The study made use of primary data  and data realized were collected using frequencies and percentages. The scope covers five new generation banks in Owerri Urban Of Imo state. Such banks include, United Bank for Africa Plc,   Zenith Bank Plc, Access Bank Plc, Fidelity Bank Plc, and Sky Bank Plc. Forty staff were selected randomly from each bank in the study. The random sampling technique was used to select from the population of two hundred (200) bank officials randomly selected. From the results, we conclude that the treasury single account (TSA) policy was introduced to block financial leakages, reduce corruption, promote transparency promote economic growth, It was also revealed from the analysis, that supervision exercised on MDAs' revenue generation and collection is not good enough and also observed that treasury single account has implication on the banking sector and Nigeria’s economic growth. Full implementation of the TSA will not be hurting banks. It will only hurt establishments that purport and pretend to be banks but have failed, refused and neglected to understand banking and do what bankers do elsewhere. It is an opportunity for banks to refocus on the original purposes for which they were set up to collect depositors‟ funds, keep them safe; engage in intermediation to create wealth and jobs for the economy and in the process earn profit for themselves based on the above findings, we recommend thus On the bases of the finding, we  suggest  that Central Bank should maintain a flexible monetary policy rate (MPR) at a minimum level in order to assist banks in taking alternative measures of meeting the emergency of cash withdrawal and lending demands of the customers.


Treasury Single Account, Banking Sector, Economic Growth and money policy rate

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