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FG saves N20bn on salaries monthly


Kemi Adeosun

Kemi Adeosun

The Federal Government says it has been saving about N20 billion on salaries monthly since it began to fish out ghost workers.

The Permanent Secretary, Ministry of Finance, Mr Mahmoud Isa-Dutse, said this while addressing newsmen on Tuesday in Abuja on the sideline of a workshop on cost management.

The workshop was organised for Directors and top civil servants of Federal Ministries, Departments and Agencies (MDAs) by the Efficiency Unit of the Ministry of Finance.

Isa-Dutse said that the drastic reduction in the cost of monthly wages was from N165 billion to N145 billion monthly.

He said this was done with the assistance of the Presidential Committee on Audit of MDAs. He said the committee had the responsibility of continuous auditing of MDAs’ salaries and wages.

The News Agency of Nigeria (NAN) reports that Isa-Dutse had declared the workshop open on behalf of the Minister of Finance, Mrs Kemi Adeosun when she said the present administration was interested in cutting costs and giving value for money spent.

She said that the main aim of the workshop was to sensitise public officials to cost and share with them some tools to manage the cost.

“It is basically to train on how, as a government, we can manage our cost better. It is not only imperative that we look at ways to generate more money for government, but at the same time we must also manage our cost more efficiently.

“As we have seen even though revenue has gone down in the last couple of years, expenditure, particularly overhead has not gone down correspondingly and that has created fiscal pressures for the government.

” What we are doing is to look at whatever ways we can to generate more savings for the government to be run more efficiently.

“We want the savings realised from the efficiencies to be channeled into higher priority areas like infrastructure and social welfare spending,’’ she said

Head of the Efficiency Unit, Mrs Patience Oniha, said that in the last one year that the unit was established, it had saved the government about N15 billion.

The savings, she said, were from overheads and reduction in excessive foreign travels and other allowances.

The Head of the Efficiency Unit added that more funds would be saved by consciously eliminating waste of government resources.

She also said that the unit was working on several other items to be added to the list of cost cutting items.

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  • cajaegbu

    So, where is the money? It will be hepful in pulling the country out of the precent recession!

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  • Felix Asikpata

    If you make that much savings, why don’t you pay what you owe genuine civil servants, serving and retired, in outstanding claims of allowances and promotion arrears? Good financial management requires that you not just make savings but also pay your debts. Then you can exult.