Friday, April 24, 2026
Freedom Online
  • Home
  • News
    • Foreign
    • Crime
  • Business
  • Politics
  • Health
  • Entertainment
  • Interview
  • Sports
  • Ad Rates
No Result
View All Result
Freedom Online
  • Home
  • News
    • Foreign
    • Crime
  • Business
  • Politics
  • Health
  • Entertainment
  • Interview
  • Sports
  • Ad Rates
No Result
View All Result
Freedom Online
No Result
View All Result

FG saves N2.29bn monthly, removes 23,846 ghost workers from payroll

Femi Adewale by Femi Adewale
February 28, 2016
in Breaking News
0

The Federal Ministry of Finance says it saves the Federal Government N2.29 billion monthly since December 2015 by eliminating 23,846 ghost workers from its payroll.
This is contained in a statement on Sunday in Abuja by Mr Festus Akanbi, Special Adviser, Media, to the Minister of Finance, Mrs. Kemi Adeosun.
It stated that the salary bill for February, 2016 had reduced by N2.293 billion when compared to December, 2015.
According to the ministry, the figure represents a percentage of the number of non-existing workers who had hitherto been receiving salary from various ministries, departments and agencies.

According to the statement, its findings are made possible due to ongoing Bank Verification Number (BVN) staff audit and enrollment to the Integrated Payroll and Personnel Information System (IPPIS).

It stated that the findings showed that some civil servants’ salaries were not consistent with the names linked to the accounts into which their salaries were paid.

It stated that some individuals in this category were either receiving salary payments from multiple sources, parastatals or they were non-existent workers.

It stated that the suspected cases of ghost workers were further being investigated in conjunction with the Economic and Financial Crimes Commission (EFCC).

“The Federal Government is also taking actions to pursue recovery of salary balances in bank accounts as well as any pension contributions in respect of the deleted workers.

“This involves active collaboration with the concerned banks and the National Pension Commission (Pencom).

“The Ministry noted that the Military Pension Board had revised the amount payable for its due pension contributions on a monthly basis by N575m, following its annual verification for military retirees.

“This reduced the number of pensioners by 19,203 as a result of deaths since the last verification in 2012.

“The Federal Government, in its efforts to reduce personnel cost, is determined to continue the verification programme on a regular periodic basis,” it stated.

The statement reiterated the ministry’s dedication to duty in managing government’s personnel costs which represented over 40 per cent of total government expenditure.

It states that the ministry plans to undertake periodic checks and utilise Computer Assisted Audit Techniques under its new Continuous Audit Programme.

“This will ensure that all payments are accurate and valid. Requirements for new entrants joining the Federal Civil Service have also been enhanced to prevent the introduction of fictitious employees in future.

“The ongoing exercise, which is part of the cost-saving and anti-corruption agenda of President Muhammadu Buhari’s administration, is key to funding the deficit in the 2016 budget.

“This is because savings made will ultimately reduce the amount to be borrowed,” it stated.

The statement also addressed the recent call by the leadership of the Association of Senior Civil Servants of Nigeria (ASCSN) that the panel members investigating the cases of indicted civil servants be drawn from both government and labour.

The ministry explained that the request could not be acceded to, as the investigations were of a criminal nature and would therefore be handled by the appropriate investigative agencies.

Tags: adeosun
Previous Post

OPEC members must unite to stabilise oil market, says Buhari

Next Post

NCC fines Glo, MTN N34m for `non-compliance’ to number portability

Next Post
NCC warns Telecom consumers against sharing cell phone, NIN, SIM

NCC fines Glo, MTN N34m for `non-compliance’ to number portability

Omokaro expresses optimism about Super Eagles’ qualification for 2017 AFCON

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

https://freedomonline.com.ng/wp-content/uploads/2026/04/VID-20260408-WA0025.mp4
https://freedomonline.com.ng/wp-content/uploads/2025/01/5aeac180-db4e-4e7c-bd37-07ddbf15b053.mp4

Popular Stories

Plugin Install : Popular Post Widget need JNews - View Counter to be installed

Latest Stories

Akpabio and Eno

Akpabio to Governor Eno: At 62, you embody the grace of God, quiet strength of purposeful leadership

April 23, 2026
Yahaya Bello

Yahaya Bello: Court fixes April 24 for ruling on EFCC’s plea to re-present exhibit to witness

April 23, 2026

Dapo Abiodun’s senatorial endorsement is ‘kangaroo arrangement’, insist Gbenga Daniel’s loyalists

April 23, 2026

Obasa: Hamzat is next Governor of Lagos

April 23, 2026

OAU 400-Level medical student dies during clinical examination

April 23, 2026

U.S./Israel-Iran war: Tinubu assures UAE, other Gulf states of Nigeria’s solidarity

April 23, 2026

Dangote, Museveni, Ruto, Zubairu meet in Kenya

April 23, 2026
Freedom Online

© 2026 Published by SWAAYA LIMITED, Plot 20, Block G, Scheme 1, Residential 3, OPIC Beachland Estate, Lagos/Ibadan Expressway, Lagos. Gabriel Akinadewo, MD/CEO 08023010222, 08094000056, 08052097814.

Navigate Site

  • Home
  • News
  • Business
  • Politics
  • Health
  • Entertainment
  • Interview
  • Sports
  • Ad Rates

Follow Us

No Result
View All Result
  • #13921 (no title)
  • Advert Rates
  • APC ad
  • Archive Sitemap
  • Contact
  • Contact Us
  • Documents
  • Full Width
  • Homepage
  • Ogun State
  • Ogun State banner ad
  • P-A
  • P-A2
  • Privacy policy
  • Sample Page
  • Sample Page
  • Submit an article
  • Welcome

© 2026 Published by SWAAYA LIMITED, Plot 20, Block G, Scheme 1, Residential 3, OPIC Beachland Estate, Lagos/Ibadan Expressway, Lagos. Gabriel Akinadewo, MD/CEO 08023010222, 08094000056, 08052097814.