The objective of this paper is to discuss the objectives, pros and cons of a Treasury Single Account recently introduced by the Buhari administration. The adoption of a Treasury Single Account (TSA) by the federal and some state governments is seen by many as aimed at plugging loopholes in the Nigerian Financial System. A TSA is a unified structure of government bank accounts enabling consolidation and optimal utilization of government cash resources. It is a bank account or a set of linked bank accounts through which the government transacts all its receipts and payments and gets a consolidated view of its cash position at any given time. This presidential directive would end the previous public accounting situation of several fragmented accounts for government revenues, incomes and receipts, which in the recent past has meant the loss or leakages of legitimate income meant for the federation account. It would be recalled that President Muhammadu Buhari had earlier promised state governors at the inaugural meeting of the National Economic Council, NEC, in June, that all revenues prescribed for lodgement into the federation account will be treated as such under his watch and that he will ensure strict compliance with all relevant laws on accounting, allocation and disbursement. The paper explores the various gamut of TSA and concludes by positing that for an administration that has unwritten social contract signed with Nigerians in terms of service delivery; it has the obligation to aggregating states' resources to provide services and amenities promised to the people. Any step taking in the direction aimed at plugging leakages in revenue generating agencies should be seen as a step in the right direction.
Purpose: the paper is an attempt to examine the effect of COVID-19 on workplace adjustments/decentralization. In doing this, teleworking in the new normal was taken as a major focus. Our interest is to find out the nature of workplace adjustments/decentralization that the COVID-19 has brought in the workplace by focusing on teleworking/telecommuting in the new normal. Design/methodology/approach: the paper adopts a descriptive research design and content analysis. The data of the paper are in qualitative and quantitative form and were sourced from secondary sources like textbooks, journals articles, and government reports and online published materials. In gathering the data used in articulating the ideas of the paper, their reliability and validity were enhanced by ensuring that the sources were reputable outlets and the data gathered reflect the variables of interest as contained in the topic of the paper.Findings: Findings of the study revealed that the COVID-19 pandemic has brought about compelling adjustments in the workplace. Work processes and practices are increasingly decentralised and adjusted with greater number of workers working from home (WFH). The global workplace is also witnessing a decongesting trend with a few staff in most organizations directed to work from office while others are to work from home. Hours put in by employees of financial institutions have been reduced to 6 hours as against 9-10 hours per day. Furthermore, sectors like the health and caregiving are under pressure for greater recruitment of hands to meet up with the pressure on the sector. Originality/contributions: the study is original by the emphasis on workplace adjustments occasioned by the COVID-19 pandemic. One of such specific workplace adjustments is the emerging attention that teleworking and telecommuting has attracted in the public and private sector in the emerging new normal. The argument of the paper is that the COVID-19 pandemic is a global health crisis that has impacted negatively on organizational life and functions necessitating adjustments in the workplace for organisational, workers and societal benefits. As a way of managing the workplace crisis generated by the COVID-19, technological advancement by way of teleworking/telecommuting offers the window for escape. The study has both theoretical and policy relevance in the new normal.
Terrorism has been a global menace which affects economic, political and social status of the country experiencing it. The political dimension of terrorism and insecurity have been examined in this study which moribund political regime of President Goodluck Jonathan in Nigeria. Many lives and properties have been destroyed in Northern Nigeria by the Boko Haram deadly attacks. It is evident from this study that Boko Haram terrorist insurgency invigorated as a result of pronouncement of Goodluck Jonathan as president of Federal Republic of Nigeria. Since the inception of this political regime, Boko Haram has been disrupting and destabilizing government activities mainly in Northern Nigeria. The political implication of terrorism has been deadly in Nigerian democratic governance. The study found that North-Eastern Nigeria witnessed a monumental influx of Boko Haram deadly attacks (115), followed by North-West with (13) attacks while North-Central experienced (12) attacks since last four years, consequently culminated into epileptic socio-political activities in these geo-political zones; many lives have been lost while the Nigerian political environment continue to produce social insecurity and enduring political diaphragm. The challenges of terrorism and insecurity have been traumatizing President Goodluck Jonathan's administration in Nigeria while
Purpose/objective: the study is a multiple-perspective analysis adopted to examine the impact of the COVID-19 pandemic on the workers, organisations and people in terms of losses and gains. The paper is, therefore, an attempt to present a balance argumentative view of the implications of COVID-19 pandemic on the society, public organizations, and the private sector, community and family settings. Existing scholarships located in journals and other outlets tend to count the pains caused by the pandemic without looking at some gains like the strengthening of family and community ties and relationships, religious revolution, revival and awakening (affirmation of right spiritual values); increase in scientific and social researches and publications; more academics papers by faculty; the boosting of online education economy, awakening the need to prioritize governmental budgeting to address key areas like the health sector. Design/Methodology/Approach: the paper adopts a descriptive research design involving content analysis. A multiple-perspective analysis (MPA) which avoids a one-sided analysis, was adopted in the study. Findings: the findings reveal that society, individuals, the public and private sectors can profit from the public health crisis caused by COVID-19 despite the obvious negatives implications of the pandemic. Originality/Contributions: the study is original for providing a paradigm shift from the one-sided prevailing debate of analyzing the economic, manpower losses, and social pains of the COVID-19 pandemic. The study has, therefore contributed to knowledge by filling the existing gap-in-literature. The study has theoretical, policy and empirical implications and relevance.
scite is a Brooklyn-based organization that helps researchers better discover and understand research articles through Smart Citations–citations that display the context of the citation and describe whether the article provides supporting or contrasting evidence. scite is used by students and researchers from around the world and is funded in part by the National Science Foundation and the National Institute on Drug Abuse of the National Institutes of Health.
hi@scite.ai
10624 S. Eastern Ave., Ste. A-614
Henderson, NV 89052, USA
Copyright © 2024 scite LLC. All rights reserved.
Made with 💙 for researchers
Part of the Research Solutions Family.