Author(s): Isaac Babatope Taiwo, Jalaludin Dayana, Azhar Zubir
This study is purposely to sightsee some of the contests compelling public sector financial management bringing an improvement to financial operation of government and act as accountability and transparency tool demands from policy implementation in Nigeria and to submit efficient financial performance. This paper is conceptual and depends on extensive literature review. We find, among others, that inadequate financial policy implementation, political influence, poor accounting system, lack of financial performance measurement cause serious challenges that the public sector are facing which needs New Public Management reform to bring transparency tool and accountability in the public sector of Nigeria government. Some of our recommendations comprise the strengthening of the financial policy in line with standard practice of NPM reform, charging the public servant to be alive to their responsibilities and improving the accounting system.