Vice President Osinbajo Reveals How FG Saves N25bn Monthly From Clearing Ghost Workers Off Payroll
Vice President Yemi Osinbajo (SAN), has said the Efficiency Unit established under the Federal Ministry of Finance has saved the country from financial wastage, and has helped plug leakages.
Osinbajo said this at the 2017 graduation ceremony of the Nigerian Institute of Policy and Strategic Studies (NIPSS), Kuru, Plateau State on Saturday.
The Vice President, in his speech, noted that the siphoning of funds through ghost workers was abolished by insisting all Ministries, Departments and Agencies (MDAs), embracer the Integrated Payroll and Personnel Information System (IPPIS).
“We are now saving N25 billion a month, from cleaning up the payroll in this way,” Osinbajo said.
He mentioned further that over 461 federal MDAs have been captured on the IPPIS system, while President Muhammadu Buhari has ordered all Armed Forces personnel to be captured on IPPIS.
In his speech, Osinbajo stated that the Efficiency Unit has enforced several deliberate cost-cutting measures including the removal or reduction of sitting allowances for civil servants in many cases, and saved N1 billion from stopping the procurement of souvenirs, and printing for government programmes.
“By reviewing travel expenditures, and negotiating procurement discounts, we saved N15 billion. We have also removed or reduced meals and refreshments for meetings, and saved another N1 billion annually,” Osinbajo said.