Key Features:
No of Page: 58
No of Chapters: 5
Abstract:
Higher education in Nigeria has witnessed a significant growth in terms of expansion of access through increase in enrolment and establishment of additional institutions.
However, it is saddening to note that many of the indices that can guarantee qualitative higher education are not taken into consideration in the country's quest to meet quantitative target. It has been observed that political factors are the main motives behind many of the expansion polices especially in the university system (Ekundayo, 2008) In fact, capital projects to meet the expanding programmes could not take off, in case where they took off, they had to be abandoned due to lack of funds. The result according to Ekundayo (2008) was a summon table pressure on the available limited resources thereby resulting in downward pressure on staff salaries together with deteriorating working conditions. The effect includes high degree of "brain-drain" among the academic staff, incessant strikes action, students’ riots and lecture boy-cots etc. All these will have a by - effects in the quality of higher education in Nigeria.
As laudable as TSA appears to, it is fraught with many challenges. Most of the revenue generating agencies and their parent ministries are not comfortable with the TSA regime. They believe it will limit their control over the funds they are making which in most cases they use to finance some extra budgetary expenses. In the same vein, Academic Staff Union of Universities (ASUU) and Academic Staff Union of Polytechnics (ASUP) have shown great apathy and serious critics against the adoption of TSA in tertiary institutions.
Table of Content:
CHAPTER ONE
INTRODUCTION
1.1 Background to the Study
1.2 Statement of the Problem
1.3 Objectives of the Study
1.4 Research Questions
1.5 Research Hypotheses
1.6 Significance of the Study
1.7 Scope of the Study
1.8 Limitation of the study
1.9 Definition of Terms
CHAPTER TWO
LITERATURE REVIEW
2.1 INTRODUCTION
2.2 LITERATURE REVIEW
2.3 The Nigeria Tertiary Education System
2.3.1 Effects of Inadequate Funding On Tertiary Institutions
2.3.2 Possible Sources Of Funding Higher Education In Nigeria
2.4 TREASURY SINGLE ACCOUNT ON TERTIARY INSTITUTIONS FUNDING IN NIGERIA
2.4.1 The meaning of treasury single account (TSA)
2.4.2 History of TSA in Nigeria
2.4.3 Benefits of treasury single account
2.5 EMPERICAL REVIEW
CHAPTER THREE
METHODOLOGY
3.1 Research Design
3.2 The Study Area
3.3 Population of the Study
3.4 Sample Size and Sampling Techniques
3.5 Sources of Data Collection
3.6 Instrument for Data Collection
3.7 Validity of Research Instrument
3.8 Reliability of the Instrument
3.9 Administration of the Instrument
3.10 Method of Data Analysis
3.11 Decision Rule
CHAPTER FOUR
DATA PRESENTATION AND ANALYSIS
BIO DATA OF RESPONDENTS
DATA ANALYSIS
CONCLUSION
CHAPTER FIVE
SUMMARY OF FINDINGS, CONCLUSION AND RECOMMENDATIONS
5.1 Summary of Findings
1.2 Conclusion
1.3 Recommendations
Appendix
Introduction:
BACKGROUND OF THE STUDY
The funding of tertiary education in Nigeria was before now left in the hands of university management. Universities had the autonomy to seek, receive funding and carry out expenditures for their respective institutions. This was the responsibility of the councils of the universities. Consequently, they were expected to submit annual reports of their financial transactions to the national universities commissions. Universities adopted the liberal Treasury system which permitted them to receive and disburse grants and endowments from within and outside the country. Therefore, funds which accrue to tertiary institutions were sent directly into their commercial bank accounts. However, many of this funds were not used for their intended purposes and some were abused by university management.
Consequently, the current administration of PresidentMuhammadu Buhari in the inception of his administration instituted the treasury singly account for all federal institutions, ministries and agencies.
Adeolu (2015) defined treasury single account as a public accounting system in which all government revenue, receipts and income are deposited into one single account, and this account is maintained by the nation’s Central Bank while all approved payments are carried out from the same account. The essence was eliminate corruption and ensure proper cash management.
Similarly Akande (2015) defined Treasury Single Account (TSA) asis a unification of all government bank accounts into a single consolidated account where all revenues and expenditures of government are made. Thereby, giving the government a true picture of its cash position for a given period of time.The study seek to appraiseTertiary education funding in Nigeria; the effect of TSA using a case study of University of Lagos.
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