Olurankinse Felix, Oloruntoba Sunday Rufus


One major problem affecting economic growth of Nigeria is the poor management of the Nations Financial Resources. This arose from corruption, mismanagement and ill-allocation of government financial resources. The need to promote public accountability, transparency, cost effective public service delivery, judicious allocation of government scarce financial resources and economic growth gave impetuous for the introduction of Government integrated financial and management information system (GIFMIS). The study shall examine the effect of GIFMIS on government financial transactions in relation to public funds management and how it has significantly influence government policy. The paper adopts a survey design and primary data which were obtained with the use of well structured administered questionnaires. The data obtained were analyzed using an Analysis of variance (ANOVA). The findings reveal that with the use of GIFMIS, there has been an appreciable reduction in corruption, financial irregularities and leakages with the attendant improvement in transparency and accountability in the management of government funds. Also, the use of GIFMIS has led to effective implementation of government policy. The paper recommends the adoption of GIFMIS at all levels of government to form part of financial management reforms practices to enhance transparency, accountability and judicious use of government financial resources.


Accountability; Economic growth; GIFMIS; Government policy; Public funds; Transparency

Full Text:



Achua, J. (2009) Reinventing governmental accounting for accountability assurance in Nigeria. Nigeria Research Journal of Accountancy, 1(1), 1-16.

Adegbite, E. (2010) Accounting, accountability and national development. Nigererian Accountant, 43(1), 56-64.

Ameen, A. A., & Ahmad, K. (2012). Towards harnessing financial information systems in reducing corruption—A review of strategies. Australian Journal of Basic and Applied Sciences, 6.

Anyanwu, J. (1997). Nigerian public finance (pp.216-221). Onitsha: Joanne Educational Publishing Limited.

Barata, K., & Cain, K. (2012). Information, not technology, is essential to accountability. electronic records and public and municipal financet. The Information Society, 17(4), 247-258.

Bonventure, F. M. (2015). Challenges facing county governments in the implementation of integrated financial management information system: The case of taita taveta county. International Journal of Research in Commerce, Economics & Management, 5, 11.

Bwalya, K. J., & Mutula, S. (2016). A conceptual framework for e-government development in resource onstrained countries: The case of Zambia. Information Development, 1.

Bwalya, K. J., Du Plessis, T., & Rensleigh, C. (2014). E-government implementation in Zambia—prospects.Transforming Government: People, Process and Policy, 8, 101-130.

Casals & Associates. (2004). Integrated financial management systems best practices: Bolivia and Chile. Funded under USAID Contract AEP-I-00-00-00010-00, Task Order No. 01 Transparency and Accountability.

Chêne, M. (2010). The implementation of Integrated Financial Information Management Systems (IFMIS). Transparency International.

Chile. (2008). funded under USAID Contract AEP-I-00-00-00010-00, Task Order No.01 Transparency and Accountability.

Chowdhury, M. M. H. (2011). Ethical issues as competitive advantage for bank management. Humanomics, 27, 109-120.

Davis, F. D. (1989). Perceived usefulness, perceived ease of use, and user acceptance of information technology. MIS Quarterly, 13, 319-340.

Diamond, J., & Khemani, P. (2005). Introducing financial management information systems in developing countries. OECD Journal on Budgeting, 5, 97-132.

Elias, R. Z. (2004). The impact of corporate ethical values on perceptions of earnings management. Managerial Auditing Journal, 19, 84-98.

Goel, S., Dwivedi, R., & Sherry, A. M. (2013). Critical factors for successful implementation of e-governance programs: A case study of HUDA. Global Journal of Flexible Systems Management, 13, 233-244.

Hendriks, C. J. (2012). Integrated financial management information systems: Guidelines for effective implementation by the public sector of South Africa. SA Journal of Information Management, 14.

Ibrahim, S., & Dauda, S. (2014). Globalisation and the emergence of Government Integrated Financial Management Information System (GIFMIS). The Nigeria’s Experience.

Indeje, W. G., & Zheng, Q. (2010). Organizational culture and information systems implementation: A structuration theory perspective. Sprouts: Working Papers on Information Systems, 10.

Kahari, C. K., Gathongo, G., & Wanyoike, D. (2015). Assessment of factors affecting the implementation of integrated financial management information system in the county governments: A case of Nyandarua county, Kenya. III, 22.

Kerr, D., & Houghton, L. (2014). The dark side of ERP implementations: narratives of domination, confusion and disruptive ambiguity. Prometheus, 32, 281-295.

Odunga, D. (2015). Rotich says governors resisting online tendering fear scrutiny. Business Daily.

Owoeye, L. (2014). Adoption and practical application of IPSASs in Ibadan, Nigeria (pp.184-186). Ogmats Gold Apaublishers.

Peterson, B. (1993). Implementing effective financial information systems in bureaucracies in developing countries (p.447). Harvad Institute for Iiternational Development.

Peterson, D. K. (2002). Computer ethics: The influence of guidelines and universal moral beliefs. Information Technology & People, 15, 346-361.

Prenchand, A (199) Public financial accountability. In S. Schviavo-Campo (Ed.), Governance, corruption and public financial management. Manila, Philippines: Asian Development Bank.

Proeller, A. K. I. (2013). Controlling the control system: performance information in the German childcare administration. International Journal of Public Sector Management, 26, 74-85.

Rogers, E. M. (1995). Diffusion of innovations. New Yolk.

Sussi, B. (2012). Adoption of free/libre open source software in public organizations: Factors of impac. Information Technology & People, 25, 156-187.

USAID. (2008). Integrated financial management information system. Apractical Guide.

Zhao, F., Wallis, J., & Singh, M. (2015). E-government development and the digital economy: A reciprocal relationship. Internet Research, 25, 734-766.



  • There are currently no refbacks.

Copyright (c) 2018 Canadian Social Science

Creative Commons License
This work is licensed under a Creative Commons Attribution 4.0 International License.

Share us to:   


  • How to do online submission to another Journal?
  • If you have already registered in Journal A, then how can you submit another article to Journal B? It takes two steps to make it happen:

1. Register yourself in Journal B as an Author

  • Find the journal you want to submit to in CATEGORIES, click on “VIEW JOURNAL”, “Online Submissions”, “GO TO LOGIN” and “Edit My Profile”. Check “Author” on the “Edit Profile” page, then “Save”.

2. Submission

  • Go to “User Home”, and click on “Author” under the name of Journal B. You may start a New Submission by clicking on “CLICK HERE”.
  • We only use three mailboxes as follows to deal with issues about paper acceptance, payment and submission of electronic versions of our journals to databases:;;

 Articles published in Canadian Social Science are licensed under Creative Commons Attribution 4.0 (CC-BY).


Website: Http:// Http://,

Copyright © Canadian Academy of Oriental and Occidental Culture