Thursday, March 5, 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

N165bn monthly salaries of federal civil servants not sustainable, says Finance Minister

Femi Adewale by Femi Adewale
May 5, 2016
in Breaking News, News
0
N165bn monthly salaries of federal civil servants not sustainable, says Finance Minister
1.6k
VIEWS
Share on FacebookShare on TwitterShare on Whatsapp

Minister of Finance, Mrs. Kemi Adeosun said on Thursday in Lagos that the N165 billion monthly salaries to federal civil servants was over-bloated and could no longer be sustained by government.
The minister spoke at a meeting with Newspaper Proprietors Association of Nigeria (NPAN) hosted by her counterpart in the Ministry of Information and Culture, Alhaji Lai Mohammed.
Adeosun, who was speaking on the economic reform agenda of the government, said that the N165 billion being paid to federal civil servants monthly represented 40 per cent of the total spending of government.
She said the figure was too high and government was pursuing aggressive measures to detect and prosecute ghost workers and other saboteurs in the system.
“We spend N165 billion every month on salaries and when I came in, there was no checking. Now, we have created a unit assigned with the sole responsibility of checking the salaries and catching those behind the over-bloated salaries,’’ she said.
Adeosun said that the Integrated Payroll and Personnel Information System (IPPIS) introduced by the previous administration was faulty and sabotaged by the elements benefitting from the salary fraud.
She said that many Federal Government establishments including the Police were yet to be captured in the system.
According to her, it is shocking that the Nigerian Railway Corporation, which was not fully functioning, still had 10,000 workers in its payroll serviced by government.
The minister assured that government would correct the anomalies in the payroll system and weed out all ghost workers in the service.

Adeosun said that the fiscal focus of the administration was to ensure an economic growth that would be measured on job creation and productive sectors.

“The economy is not measured by how many private jet we have but how many jobs we create

“People must be productive for the economy to grow.

“We have been a consumer economy, but we want to be productive and stop buying everything from abroad.

“We have been borrowing to pay salaries for years and that has to stop because it is not sustainable.

“Last year, we spent N64 billion on travelling and only N90 billion on roads. Travelling does not grow the economy and this must also stop,’’ she said.

The minister said that the compound GDP of the country had been growing negatively in the last 10 years and the administration was working to correct the trend.

She assured that the administration would be the most discipline government the country has ever had in terms of fiscal accountability and responsibility.

Also speaking at the meeting, the Minister of Agriculture, Audu Ogbeh said government would reposition the agricultural sector to become the mainstay of the economy.

“The ministry will give policy direction and coordination to make farming attractive and for people to practice it as business.

“Government will put policy in place to recover the 22 billion dollars which is floating out of the country’s resources to sustain farms in other countries back to our villages.

“Government will also ensure that bank review the two digits interest rate on loan to farmers and other productive sector.

“The change promised may appear to be slow, but it is actually taking place. In this year, we have harvested million tons of rice,’’ he said.

The Minister of Environment, Amina Mohammed, said government would complete the clean-up of the Ogoni land in the next one year and ensure the degraded land was revived for productive purposes.

She said the Great Green Wall project of planting trees to control desert encroachment would also be given priority by the administration.

Tags: adeosun
Share25Tweet16Send
Previous Post

Ukraine to invest $1bn into Ajaokuta Steel Company

Next Post

Buhari signs 2016 Budget

Related Posts

Congress: Crisis hits Oyo APC as stakeholders reject Adeyemo’s chairmanship
Breaking News

Congress: Crisis hits Oyo APC as stakeholders reject Adeyemo’s chairmanship

March 4, 2026
Police Council Confirms Olatunji Disu as Substantive Inspector-General of Police
Breaking News

IGP inaugurates eight-man committee on implementation of state police

March 4, 2026
euro
Breaking News

Diesel passes €2 per litre in Germany due to war in Iran

March 4, 2026
Next Post
Buhari signs 2016 Budget

Buhari signs 2016 Budget

Buhari signs 2016 Budget

Buhari: I thank Saraki, Dogara for making this budget a reality

Leave a Reply Cancel reply

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

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

Popular Stories

  • Bloody clash in Lagos

    Bloody clash in Lagos

    77 shares
    Share 31 Tweet 19
  • Tinubu rejigs Cabinet

    68 shares
    Share 27 Tweet 17
  • Umahi to Tracy Ohiri: Only a queen can claim a handsome man like myself has been making love advances for 12 years

    67 shares
    Share 27 Tweet 17
  • Court Grounds NG Eagle Aircraft, Bars Sale Pending $5.3m Aviation Dispute

    66 shares
    Share 26 Tweet 17
  • Tinubu welcomes Lebara’s launch in Nigeria

    65 shares
    Share 26 Tweet 16
  • Ogun guber: Iyabo Obasanjo attacks Adeola Yayi, says ‘you are an opportunist, your political migration driven purely by ambition rather than service’

    79 shares
    Share 32 Tweet 20

Latest Stories

Congress: Crisis hits Oyo APC as stakeholders reject Adeyemo’s chairmanship

Congress: Crisis hits Oyo APC as stakeholders reject Adeyemo’s chairmanship

March 4, 2026
Police Council Confirms Olatunji Disu as Substantive Inspector-General of Police

IGP inaugurates eight-man committee on implementation of state police

March 4, 2026
euro

Diesel passes €2 per litre in Germany due to war in Iran

March 4, 2026
U.S., South Korea agree on trade, security deal, nuclear submarines

100 feared dead after Iranian frigate sustain suspected submarine attack off Sri Lanka

March 4, 2026
Terror Financing Insinuations: My story, by Malami

AGF takes over prosecution of Malami, son over terrorism, firearms possession

March 4, 2026
INEC upgrades BVAS to eliminate election result manipulation – Chairman

INEC Begins Review of Political Parties’ Guidelines Ahead of 2027 Polls

March 4, 2026
FG Prohibits Cash Tax Collection, Roadblocks Under New Tax Regulations

FG Prohibits Cash Tax Collection, Roadblocks Under New Tax Regulations

March 4, 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.