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Home Business News

How FG saved over N206 billion in 2 years -IPPIS

Damilare Famuyiwa by Damilare Famuyiwa
January 30, 2019
in Business News, Politics
Nigeria bonds declines ahead of S&P credit rating review

Nigerian Finance Minister Zainab Ahmed

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Director, Integrated Personnel Payroll Information System (IPPIS), Olefehinti Olusegun has said that the Federal Government saved no fewer than N206 billion in salaries of federal civil servants during the 2017 and 2018 fiscal years.

In an interview held in Abuja, Olusegun disclosed that the N206 billion was saved through blocked financial leakages of ghost workers.

According to Olusegun, the IPPIS has so far been advancing its course of including different government parastatals, including Federal security agencies.

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Olusegun said, “What we have been able to achieve in IPPIS from 2015 till date is due to the political will of the current administration, most especially from the president himself.

“He has been able to bring in the Nigeria Police, the NSCDC, the immigration and the prisons into IPPIS, unlike what it used to be; in fact, we just finished capturing the military.

“The kind of support we have enjoyed from the Office of Accountant-General of the Federation, former minister and current minister of finance, has been so tremendous.”

Breakdown of the N206 billion

The breakdown was N76 billion in 2017 and N130 billion in 2018.

Olusegun said the President Muhammadu Buhari-led administration, through the offices of Accountant-General of the Federation and the Minister of Finance, ensured that all the 512 Ministries, Departments and Agencies and their 740,000 workforces, had been properly streamlined into the IPPIS.

He said from 2015 till date, the Federal Government, as part of the gains of the IPPIS, had been able to employ more than 70,000 new workers into the federal civil service.

Olusegun further stressed that the Federal Government had also been given the deadline of March for all MDAs to join the IPPIS or have their salaries stopped.

About IPPIS

The Integrated Payroll and Personnel Information System is an Information Communications Technology (ICT) project initiated by the Federal Government of Nigeria (FGN) to improve the effectiveness and efficiency of payroll administration for its MDAs.

 


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Tags: Ghost workersIntegrated Personnel Payroll Information SystemIPPIS
Damilare Famuyiwa

Damilare Famuyiwa

Famuyiwa Damilare is a trained journalist. He holds a Higher National Diploma (HND) in Mass Communication at the prestigious Nigerian Institute of Journalism (NIJ). Damilare is an innovative and transformational leader with broad-based expertise in journalism and media practice at large. He has explored his proven ability in the areas of reporting, curating and generating contents, creatively establishing social media engagements, and mobile editing of videos. It is safe to say he’s a multimedia journalist.

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