IMPACT OF CASH MANAGEMENT REFORM ON THE PERFORMANCE OF GOVERNMENT ENTITIES IN NIGERIA
Salaudeen Ibrahim, PhD
Volume 10 Issue 1
Abstract
Efficacy of cash management reform (CMR) has become a subject of debate in recent times going by the level of infractions on revenue renditions by government entities’ in Nigerian public sector. The main objective of this study therefore, was to investigated the impact of cash management reform (CMR) on the performance of government entities’ in Nigeria. While specific objectives are; ii) To examine how accounts fragmentation impact the Performance of government entities in Nigeria; and iii) To determine how revenue generation & blockage of leakages impact government entities performance in Nigeria. The study applied mixed method approach with a sample size of 306. Quantitative data was analysed using Partial Least Square-Structural Equation Model while qualitative data was analysed with thematic/NVIVO. Finding indicates that for every increase on the impact of Cash Management Reform there was an increment on the overall performance of government entities as a result of the effects on the reduction on infraction level in Nigeria. In line with the findings from this study, it was concluded that positive relation exist between cash management reform and performance of government entities in Nigeria. The study therefore, recommend that government should constantly re-assess cash management policies so as to curb infractions that encourage leakages and wastages. Key words: Liquidity Management; Cash Flow Optimization; Centralized Cash Management; Risk Mitigation.
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