Monday, 29 February 2016

FG saves N2.293bn from government payrolls by removing 23, 846 ghost workers


Approximately 23, 846 ghost workers have been removed from the Federal government's payroll and this amount to saving the government N2.293 billion from the total salary bill for the ministries, departments and agencies MDAs for February 2016. This was disclosed by Kemi Adeosun, According to the Minister of Finance, over the weekend, Bank Verification Exercise and enrolment to the Integrated Payroll and Personnel Information System (IPPIS) exposed ghost workers that have previously been earning salaries in different MDAs.
The BVN is a unique number that identifies each bank’s customer for “Know Your Customer” (KYC) purposes. The use of BVNs, rather than physical appearance of workers for biometric capture at the initial stage of verification, has considerably streamlined and hastened the improvement of the payroll audit process and abridged the cost of execution.

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