Osuolale Ayotunde Eyitayo
The Nigerian Navy’s financial management faces significant challenges due to manual processes, fragmented systems, weak auditability, and poor integration with national treasury mechanisms. This paper proposes a comprehensive digital transformation model leveraging blockchain technology, artificial intelligence (AI), and Treasury Single Account (TSA) integration to modernize naval finance operations. Grounded in principles of security, transparency, interoperability, and automation, the model introduces blockchain-enabled audit trails to ensure immutable transaction records, AI-driven budget forecasting for predictive financial planning, and seamless TSA connectivity for real-time cash flow monitoring. By addressing inefficiencies in budget forecasting, procurement transparency, and fiscal control, the model enhances financial discipline and operational readiness. It also promotes institutional accountability and fiscal agility essential for sustaining naval capabilities within constrained defense budgets. Strategic recommendations focus on policy reforms, leadership engagement, capacity building, and cross-departmental collaboration to facilitate sustainable adoption of this digital architecture. This framework positions the Nigerian Navy at the forefront of public sector financial innovation, aligning with global best practices.