Minister of Finance, Mrs. Kemi Adeosun

By Ndubuisi Francis in Abuja

The federal government has disclosed that the wage bill for February 2016 fell by N2.293 billion following the ongoing Bank Verification Number (BVN-based) staff audit and enrolment to the Integrated Personnel and Payroll Information System (IPPIS).
The Ministry of Finance recently announced that no fewer than 23,846 ghost workers had been uncovered and removed from the federal government payroll.

Giving an insight into the new savings in a statement issued on Sunday, Mr. Festus Akanbi, Special Adviser to the Minister of Finance, Mrs. Kemi Adeosun, said compared to December 2015 when the BVN audit process commenced, the wage bill came down by N2.293 billion in February when the exercise is already in use.

According to the statement, this figure represents a percentage of the number of non-existent workers who had hitherto been receiving salary from various ministries, departments and agencies (MDAs), adding that explained that the investigation of other suspected cases continues in conjunction with the Economic and Financial Crimes Commission (EFCC).