Nigeria Saved N288bn Via Integrated Payroll System – Adeosun
Between 2007 and 2017, the Federal Government was able to save the sum of N288bn in personnel costs through the implementation of the Integrated Personnel and Payroll Information System.
The Minister of Finance, Mrs. Kemi Adeosun, gave the figure in a presentation entitled: ‘Status update on the implementation of the Federal Executive Council-approved projects’ at the FEC meeting on Wednesday in Abuja.
The meeting was presided over by President Muhammadu Buhari.
The IPPIS is one of the Federal Government’s reform initiatives designed to undertake human resources management activities from recruitment to separation, including payroll and pension processing.
It also facilitates planning, aids budgeting, monitors monthly payment of staff emoluments against what is provided for in the budget; ensures database integrity; and facilitates easy storage, updating and retrieval of personnel records for administrative and pension processes.
Adeosun, according to a statement by her Media Adviser, Oluyinka Akintunde, said through the implementation of the IPPIS project, the Federal Government was able to save N68bn in 2017 alone.
The savings, the minister explained, were funds that would have otherwise gone unaccounted but were now free for the government to fund capital projects.
She said the savings were achieved despite increase in personnel costs, including the employment of 10,000 people by the Nigeria Police Force.
She confirmed that a total of 511 Ministries, Departments and Agencies of government had been captured on the IPPIS platform with a total of 607,843 members of staff.
Adeosun stated, “As of the 20th of March, 2018, the number of the MDAs on the IPPIS payroll was 469, with 316,158 staff count and gross salary of N43,979,383,997.78; and 42 police commands and formations paid on the IPPIS platform in February 2018, with staff count of 291,685 and gross salary of N22,276,669,257.21.”