TREASURY SINGLE ACCOUNT AND THE MANAGEMENT OF FINANCES IN THE UNIVERSITY OF BENIN, BENIN CITY

The Treasury Single Account (TSA) policy was introduced by the Nigerian government promote transparency, accountability, and efficient financial management in public institutions, including universities. This study examines the impact of TSA on the management of finances in the University of Benin, Benin City. It explores the effects of TSA on revenue generation, budgetary implementation, expenditure control, and overall financial efficiency within the university system, Using qualitative and quantitative research methods, the study collects data from university staff. financial administrators, and relevant stakeholders. Findings indicate that while TSA has improved financial discipline, reduced leakages, and enhanced accountability, it has also posed challenges Such as delays in fund disbursement and reduced financial autonomy. The study concludes that effective implementation of TSA requires strategic measures to address operational bottlenecks while ensuring sustainable financial management in higher education institutions. Recomnmendations include enhanced technological integration, Capacity building, and policy adjustments to optimize TSA's benefits in the university System.