The Head of the Continuous Audit Team, Mr Mohammed Dikwa said;
He said that the amount was the true state of their findings as at June 30, 2016, and as a result the federal government had been saved from paying that amount monthly.
The News Agency of Nigeria (NAN) recalls that President Buhari had set up the Continuous Audit Team to look into the finance of Federal Government’s Ministries, Departments and Agencies.
This is meant to address issue of ghost workers, over payment of allowances, fraud and embezzlement in MDAs.
“The Continuous Audit Team plans to conduct regular checks on the control and risk assessment of MDAs. We look at the records that are being kept to ensure transparency and accountability of the financial transactions carried over time.
“In terms of ghost workers, we have found about 43,000 ghost workers so far and as at May 30, we had N4.2 billion that is saved on a monthly basis.
“But as at June, 30, we were able to make more recoveries of N2.2 billion which has led to an additional savings of N6.4 billion monthly,” he said.
“The IPPIS platform is only having 20 per cent of the MDAs of the Federal Government on board. This means that about 80 per cent of MDAs are still outside the IPPIS platform.
“And it is important that they are all captured because our system of approach in conducting the continuous audit is automated.
“We get those on the IPPIS platform and match them with their Bank Verification Numbers and see who is collecting two salaries at the same time.
“We also check if there is any money being paid into individual accounts that is way above what he or she should be getting as allowances and salaries,” he said.
“This drastic reduction in personnel cost will continue as the Continuous Audit Team maintains its continuous visitations to all MDAs.
“It is expected that by Dec 31, over N100 billion will be reduced from the budgeted personnel cost of the 2016 year.
Source: NAN
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