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Ghost Workers: FG’s Monthly wage Bill Drops by N20bn

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  • Ghost Workers: FG’s Monthly Wage Bill Drops by N20bn

The Federal Government on Tuesday said it had been able to reduce the monthly wage bill of civil servants in Ministries, Departments and Agencies from N165bn to N145bn.

The Permanent Secretary, Ministry of Finance, Mr. Mahmoud Dutse, gave the figure in a chat with journalists on the sidelines of a workshop on cost management.

The event was to sensitise stakeholders to the need for transparency, accountability, prudence and efficiency in the management of government resources.

Dutse said the N20bn reduction in the monthly wage bill was achieved after an audit conducted by the Presidential Initiative on Continuous Audit.

He explained that in addition to the monthly savings of N20bn, the sum of N15bn had been saved from the reduction in overheads, excessive foreign travels and other allowances being paid to civil servants.

The saving of N15bn, according to him, was achieved through the activities of the Efficiency Unit that was set up by the Minister of Finance, Mrs. Kemi Adeosun.

Dutse said the Federal Government was not only interested in cutting the cost of governance, but also getting value for the funds allocated for implementation of programmes.

He said, “This workshop is a cost management workshop organised for the directors of the MDAs. Basically, it centres on how we should manage government’s funds better.

“As you all know, due to the sharp decline in government revenue, we must manage our purse more efficiently. Though the revenue has gone down, expenditure has not gone down and this is creating fiscal pressure.

“What we are doing is to look at ways we can generate more savings through efficient utilisation of funds, while the savings realised through efficiency are channelled to funding infrastructure and social welfare spending.”

In her remarks, the Head, Efficiency Unit, Ministry of Finance, Mrs. Patience Oniha, said with the creation of the unit last year, a lot of funds would be saved by consciously eliminating wastage of government’s resources.

CEO/Founder Investors King Ltd, a foreign exchange research analyst, contributing author on New York-based Talk Markets and Investing.com, with over a decade long experience in the global financial market.

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Government

Lai Mohammed Says Buhari Has Recovered Over N800bn in Looted Funds

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President Muhammadu Buhari

Buhari Has Recovered Over N800bn in Looted Funds

President Muhammadu Buhari government has recovered over N800 billion looted by corrupt Nigerians since the beginning of this administration in 2015.

Alhaji Lai Mohammed, the Minister of Information and Culture, disclosed this on Tuesday at a press conference held in Abuja.

He said, “This administration’s fight against corruption is as strong as ever, and we have the records to back up this claim.

“This administration has recorded over 1,400 convictions, including high profile ones, and recovered funds in excess of N800bn, not to talk of forfeiture of ill-gotten properties.”

President Muhammadu Buhari has made recovery of Nigeria’s stolen assets one of his priorities since he became president in 2015.

Several of Nigeria’s untouchables have been convicted despite political experts and social commentators saying the war against corruption should not be only against opposition but also against those in the ruling party that seems to have been overlooked.

Still, the ruling party has insisted that members of the party have been convicted and one of such is Kalu.

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President Buhari Names Railway Stations After Tinubu, Jonathan, Fashola, Others

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Buhari Names Railway Stations After Prominent Nigerians

President Muhammadu Buhari on Monday named railway stations after Tinubu, Jonathan and other prominent Nigerians.

In a statement released through the Ministry of Transportation and signed by Eric Ojiekwe, Director, Press and Public Relations of the Ministry, the Minister of Transportation, Rotimi Amaechi, disclosed that the deserving citizens have contributed to the progress and development of their respective communities and the nation at large.

According to the statement, for the Lagos-Ibadan with extension to the Lagos Port Complex at Apapa railway station, the beneficiaries are:

Bola Ahmed Tinubu (Apapa station)

Mobolaji Johnson (Ebute Metta Station)

Babatunde Raji Fashola (Agege station),

Lateef Jakande (Agbado station) and

Prof. Yemi Osinbajo (Kajola station).

Others are Funmilayo Ransome-Kuti (Papalanto station)

Prof. Wole Soyinka (Abeokuta station),

Aremo Segun Osoba(Olodo station)

Chief Ladoka Akintola (Omio-Adio station)

Chief Obafemi Awolowo (Ibadan station)

and Chief Alex Ekwueme (Operation Control Centre)

For the Itakpe-Ajaokuta/Aladja-Warri Railway, the names are:

Alhaji Adamu Attah (Itakpe station)

Dr. Olushola Saraki (Ajaokuta station)

Admiral Augustus Aikhomu (Itogbo station)

Brigadier General George Innih (Agenebode station)

Anthony Eromosele Enahoro (Uromi station)

Chief Tom Ikimi (Ekehen station) and

Brig. Gen. Samuel Osaigbovo Ogbemudia (rtd) (Igbanke station)

Others according to the statement include:

Goodluck Ebele Jonathan (Agbor Station Complex)

Brigadier General David Ejoor (Abraka station)

Micheal Ibru (Opara station)

Alfred Rewane (Ujevwu station) and

Vice Admiral Mike Akhigbe (Railway Village, Agbor).

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President Muhammadu Buhari Arrives Bamako, Mali on Thursday

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Buhari arrives Bamako, Mali

President Buhari Arrives Bamako, Mali for ECOWAS Peace Mission

President Muhammadu Buhari has arrived Bamako, Mali on Thursday following the briefing received from the former President Goodluck Ebele Jonathan led ECOWAS Special Envoy to the country.

On Wednesday the presidency had tweeted that “President @MBuhari will Thursday depart for Bamako, the Republic of Mali on a one-day visit, following the briefing by the ECOWAS Special Envoy to the country, former President @GEJonathan.”

On Thursday, the presidency said President Buhari has arrived Bamako, Mali.

“President @MBuhari in Bamako, Republic of Mali, today, on a one-day visit. He’s meeting with fellow ECOWAS leaders led by President Mahamadou Issoufou of Niger Republic for consultations towards finding a lasting solution to the political crisis in Mali. ”

“President @MBuhari is in Bamako, Mali today, on an ECOWAS Peace Mission. #PMBinMali”

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