FG Removes 23,846 Ghost Workers from Payroll

FG Removes 23,846 Ghost Workers from Payroll

By Correspondent

The Federal Government has removed not less than 23,846 non-existent names of workers from its payroll. This has resulted in the wage bill reducing by N2.293 billion monthly. According to a statement by the Ministry of Finance, the development is the result of the BVN process which was carried out by all banks in the country. The statement reads: “This figure represents a percentage of the number of non-existent workers who had hitherto been receiving salaries from various ministries, departments and agencies. “The Military Pension Board has revised the amount payable for its due pension contributions on a monthly basis by N575million, following its annual verification exercise for military retirees. “This reduced the number of pensioners by 19,203 as a result of deaths since the last verification exercise in 2012.” The statement signed by the spokesperson to the finance minister, Festus Akanbi, added that further investigation of other suspected cases will continue in conjunction with the Economic and Financial Crimes Commission (EFCC). It further added that, “The removal of non- existent workers from the federal payroll and the attendant savings on salaries was made possible because of the ongoing BVN-based staff audit and enrolment to the Integrated Payroll and Personnel Information System (IPPIS). “This involves active collaboration with the concerned banks and the National Pension Commission (Pencom). “The Federal Government is determined to continue the verification programme on a regular periodic basis in its efforts to reduce personnel cost. “Since personnel costs represent over 40 per cent of total government expenditure, the Federal Government has vowed to continue to strengthen its payroll controls. “It plans to undertake periodic checks and to 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.”

Discover more from NewsBreakers

Subscribe to get the latest posts sent to your email.

What's your reaction?

Excited
0
Happy
0
In Love
0
Not Sure
0
Silly
0

Comments are closed.