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FG saves N10 trillion from TSA – AGF

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The federal government has saved over N288 billion through the implementation of the Integrated Personnel and Payroll Information System (IPPIS) from April 2007 till date.

Office of the Account General of the Federation (OAGF) revealed this on Thursday in Abuja when the Head of the Civil Service of the Federation visited the office on Peer Review Mechanism of Ministries Departments and Agencies (MDAs) exercise.

The presentation was made by the Director of Information Technology Department of the OAGF, Afolabi Ajayi.

Mr Ajayi said the IPPIS scheme was one of the federal government’s reform initiatives designed to achieve a centralised payroll system of the government.

He said the IPPIS also facilitated easy storage, updating and retrieval of personal records for administrative and pensions processing to aid manpower planning and budgeting as well as to comply with global best practice.

Mr Ajayi explained that money saved was as a result of the difference between the amount government would have released to those MDAs based on appropriation and the actual amount released and paid through IPPIS.

“The IPPIS has made it possible for prompt and regular payment of salaries to public servants.

“The system has also facilitated prompt deductions and remittances to the accounts of all third parties stakeholders such as PFAs, NHIS, NHF and cooperative societies.

“506 MDAs with total staff strength of 344,625 are on the IPPIS platform with the gross pay of about N49.07 billion as at Sept. 2018,” he disclosed.

Mr Ajayi revealed that the federal government had also collected over N10 trillion from the implementation of the Treasury Single Account (TSA) from 1,674 MDAs.

He said under TSA, government was able to save over N45 billion monthly in interest on ways and means that it used to pay before the full implementation of the TSA.

Mr Ajayi disclosed that N50 billion had so far been mopped up from commercial banks as a result of TSA implementation.

“Other achievements recorded since TSA became fully operational include the elimination of cash handling costs and ability to determine consolidated federal government cash position.

“There has also been significant improvement on Federal Government liquidity position, improved revenue collection mechanism through e-collection and better cash management capabilities,” he said.

Mr Ajayi said the OAGF was also handling the asset management project, which was established mainly for tracking, monitoring and management of all Federal Government’s fixed assets.

“The project is also tasked to devalue the registered assets using approved methods of revaluation or depreciation.

“We are also to recommend those assets to be disposed of, regenerated, or relocated to other centres that need them,” he said.

Mr Ajayi said through the project, a real-time database of all government’s properties, plants and equipment would be created to ensure proper utilisation.

(NAN)

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THE NATION

NITDA DG, Isa Pantami, wins outstanding promoter of local content for national development award

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The efforts of the National Information Technology Development Agency (NITDA) in the development and promotion of local content in ICT sector has been further affirmed by an array of industry players and stakeholders at the Oriental Hotel, Victoria Island, Lagos on 19th July, 2019. The Director General/CEO of NITDA, Dr. Isa Pantami, was awarded the prestigious Titans of Tech Award in recognition of his outstanding leadership in the promotion of local content for national development.

In a statement by Mrs, Hadiza Umar, NITDA’s head of Corporate Affairs & External Relations, the IT agency’s unwavering commitment to local content under Dr Pantami, has enhanced the purchase of indigenous brand of ICT devices by over 60% within the last three years. Local hosting of data doubled in value and local software consumption has significantly increased as attested to by the diversity of IT experts and business people at the Award ceremony.  The cumulative effect of these efforts, is that ICT contribution to GDP reached an unprecedented mark of 13.63% in Q4 of 2018.

Organisers of the Award further recognised the purposeful approach of Dr Pantami to ICT regulation in Nigeria. Organisers and stakeholders opined that the leadership of Dr Pantami is restoring confidence in indigenous technology development which has led to more foreign direct investment in the IT sector than any other sectors since 2018.

The Award was received on behalf of Dr Pantami by Dr Vincent Olatunji, the Director of e-Government Development and Regulations department of NITDA.

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THE NATION

TCN suspends KEDCO from electricity market

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The management of Transmission Company of Nigeria (TCN), says it has issued suspension and disconnection orders to Kano Electricity Distribution Company (KEDCO) from the electricity market.

The suspension order was posted on TCN’s twitter handle @TCN_Nigeria on Sunday.

According to the twitter handle, the suspension order was as result of KEDCO’s default in the Market Conditions/Market Participation Agreements.

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THE NATION

How we spent $1bn security fund – Presidency

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The Presidency has dismissed Peoples Democratic Party’s (PDP) allegation that the one billion dollars drawn from the Excess Crude Account (ECA) was spent by the Muhammadu Buhari administration on the 2019 general elections.

The Peoples Democratic Party in a statement on Sunday asked Buhari to explain to Nigerians what his administration had done with one billion dollars drawn from the ECA in 2017 and meant to address the nation’s security challenges.

The amount was approved by the National Economic Council in December, 2017, to be used to purchase weapons to fight insurgency across the country.

However, Malam Garba Shehu, the President’s Senior Special Assistant on Media and Publicity, in a statement in Abuja on Sunday, said “this unverifiable allegation’’ clearly indicated that the PDP was suffering from socio emotional distress.

He said PDP ”thinks that all governments in the world run on the basis of freewheeling looting as they did their own.

”Here is what happened to that 1 billion dollars. It’s on record that the Buhari administration paid about 490 million dollars for a dozen Super Tucano fighter aircraft in a direct, government-to-government (no Contractors or Commission Agents) transaction with government of the United States.

”Various other military procurement have been made. Balance of expenditure stands at about 880 million dollars or so. The PDP spent Defence procurement funds on their failed 2015 political campaigns as proven in court. That is not to say every succeeding government, more so one led by a Buhari will do the same.”

The presidential aide added that, barring considerations of national security, the details of the stage of implementation, the procurement made and the suppliers would be obtained and made available on Monday.

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