IPPIS Saved N361bn Despite Opposition - FG
The Office of the Accountant-General of the Federation (OAGF) on Sunday said the Integrated Payroll and Personnel Information System (IPPIS) had saved over N361bn for the Federal Government despite opposition and sabotage from some quarters.
Created in 2007, the...
The Federal Government recorded a deficit of N890.9bn in its fiscal operations within the first four months of this year, figures obtained from the Federal Ministry of Finance indicated.
Financial analysts attributed the development to over-reliance on oil revenue and cautioned the government against borrowing.
The...