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E-Governance Initiatives and Financial Management in the Nigerian Public Sector: An Integrated Conceptual Framework for Enhancing Transparency and Efficiency

2025-05-26Research article Open access
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datacite.subject.fosCiências Sociais::Economia e Gestão
datacite.subject.fosCiências Sociais::Geografia Económica e Social
dc.contributor.authorPaul, Chima
dc.contributor.authorMalachy, Joseph
dc.date.accessioned2025-06-01T08:07:00Z
dc.date.available2025-06-01T08:07:00Z
dc.date.issued2025-05-26
dc.description.abstractPublic Financial Management (PFM) reforms in Nigeria have increasingly embraced digital innovations to enhance transparency, efficiency, and accountability in fiscal governance. This study develops a conceptual framework for restructuring Nigeria’s PFM system, focusing on four interdependent pillars: Digital Financial Systems, Transparency and Accountability, Capacity Building, and Infrastructure and Security. The adoption of digital financial systems such as the Treasury Single Account (TSA), Integrated Personnel and Payroll Information System (IPPIS), and Government Integrated Financial Management Information System (GIFMIS) has shown potential to improve fiscal discipline and reduce financial irregularities. However, the effectiveness of these systems depends on strong governance structures, well-trained personnel, and secure digital infrastructure. Transparency and accountability mechanisms, exemplified by Nigeria’s Open Treasury Portal, are crucial in curbing corruption and fostering public trust but require enhanced enforcement and citizen engagement. Capacity building is essential for equipping public sector personnel with the necessary skills to manage digital financial tools effectively to address ongoing human capital deficiencies. Infrastructure and security are also fundamental to ensuring the sustainability of digital PFM reforms, particularly in mitigating cybersecurity threats and bridging ICT infrastructure gaps in underserved regions. This study adopts a qualitative research approach, relying on the critical analysis of existing documents and policy reports. It follows a grounded theory methodology, which is effective for analyzing complex governance structures and financial management reforms. Through a critical analysis of these interdependent elements, the study argues that a holistic and integrated approach as opposed to a siloed approach is vital for achieving sustainable PFM reforms in Nigeria. The study concludes by recommending targeted policy interventions to enhance institutional efficiency, strengthen governance mechanisms, and promote a resilient public financial management system.eng
dc.identifier.citationPaul, C., & Malachy, J. (2025). E-Governance Initiatives and Financial Management in the Nigerian Public Sector: An Integrated Conceptual Framework for Enhancing Transparency and Efficiency. Dutch Journal of Finance and Management, 8(1), 35020. https://doi.org/10.55267/djfm/16409
dc.identifier.doihttps://doi.org/10.55267/djfm/16409
dc.identifier.issn2542-4750
dc.identifier.urihttp://hdl.handle.net/10400.26/57910
dc.language.isoeng
dc.peerreviewedyes
dc.publisherIADITI Editions
dc.relation.hasversionhttps://www.djfm-journal.com/article/e-governance-initiatives-and-financial-management-in-the-nigerian-public-sector-an-integrated-16409
dc.rights.urihttp://creativecommons.org/licenses/by/4.0/
dc.subjectPublic Financial Management
dc.subjectDigital Financial Systems
dc.subjectFiscal Governance
dc.subjectTransparency
dc.subjectCapacity Building
dc.subjectNigeria
dc.titleE-Governance Initiatives and Financial Management in the Nigerian Public Sector: An Integrated Conceptual Framework for Enhancing Transparency and Efficiencyeng
dc.typeresearch article
dspace.entity.typePublication
oaire.citation.issue1
oaire.citation.titleDutch Journal of Finance and Management
oaire.citation.volume8
oaire.versionhttp://purl.org/coar/version/c_970fb48d4fbd8a85

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