The Federal Government on Tuesday said it had been able to reduce the monthly wage bill of civil servants in Ministries, Departments and Agencies from N165bn to N145bn.
he Permanent Secretary, Ministry of Finance, Mr. Mahmoud Dutse, gave the figure in a chat with journalists on the sidelines of a workshop on cost management.
The event was to sensitise stakeholders
to the need for transparency, accountability, prudence and efficiency in
the management of government resources.
Dutse said the N20bn reduction in the
monthly wage bill was achieved after an audit conducted by the
Presidential Initiative on Continuous Audit.
He explained that in addition to the
monthly savings of N20bn, the sum of N15bn had been saved from the
reduction in overheads, excessive foreign travels and other allowances
being paid to civil servants.
The saving of N15bn, according to him,
was achieved through the activities of the Efficiency Unit that was set
up by the Minister of Finance, Mrs. Kemi Adeosun.
Dutse said the Federal Government was
not only interested in cutting the cost of governance, but also getting
value for the funds allocated for implementation of programmes.
He said, “This workshop is a cost
management workshop organised for the directors of the MDAs. Basically,
it centres on how we should manage government’s funds better.
“As you all know, due to the sharp
decline in government revenue, we must manage our purse more
efficiently. Though the revenue has gone down, expenditure has not gone
down and this is creating fiscal pressure.
“What we are doing is to look at ways we
can generate more savings through efficient utilisation of funds, while
the savings realised through efficiency are channelled to funding
infrastructure and social welfare spending.”
In her remarks, the Head, Efficiency
Unit, Ministry of Finance, Mrs. Patience Oniha, said with the creation
of the unit last year, a lot of funds would be saved by consciously
eliminating wastage of government’s resources.
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