The Federal Government has saved about N119 billion from ghost workers through the Integrated Payroll and Personnel Information System, IPPIS.
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The Coordinating Minister for the Economy and Minister of Finance, Dr. Ngozi Okonjo Iweala, disclosed this while inaugurating the implementation committee of the system in Abuja, yesterday She said the implementation of the IPPIS will "enhance efficient personnel cost planning and budgeting as personnel cost will be based on actual verified numbers and not estimates".
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Under the IPPIS, workers' salaries are paid centrally from the Office of the Accountant-General of the Federation, AGF, into individual workers' accounts, as opposed to the former practice under which estimated staff salaries were released to MDAs and the organisations paid the individual workers.