Facebook Instagram Linkedin Twitter Youtube
  • HOME
  • FEATURES
    • HOW-TOs
  • VIEWPOINT
  • INTERVIEWS
  • VIDEOS
    • HOW-TOs
    • MUSTARD SEED SERIES
  • BEST DEALS
  • EVENTS
  • NEWSLINK
  • MEDIA OUTREACH
Search
Tuesday, January 20, 2026
Facebook Instagram Linkedin Twitter Youtube
Sign in
Welcome! Log into your account
Forgot your password? Get help
Password recovery
Recover your password
A password will be e-mailed to you.
BizWatchNigeria.Ng
  • HOME
  • FEATURES
    • AllHOW-TOs

      How To Win The 2026 PTDF Overseas Scholarship: A Step-by-Step Guide…

      Slashed Tariff Causes Used Car Import To Rise

      How To Buy A Reliable Tokunbo Car In Nigeria Under ₦10…

      How To Study Abroad And Bring Your Family Along: What Students…

      2 Cents+ Ward Rounds By Oputah David M: When Care Turns…

  • VIEWPOINT
    • Slashed Tariff Causes Used Car Import To Rise

      How To Buy A Reliable Tokunbo Car In Nigeria Under ₦10…

      2 Cents+ Ward Rounds By Oputah David M: When Care Turns…

      2 Cents + Ward Round With Oputah David M: My Best…

      2 Cents + Ward Rounds With Oputah David M

      Davido Donates N234m To 424 Orphanages

      Davido Net Worth 2025: Breaking Down The Music Star’s $100 Million…

  • INTERVIEWS
  • VIDEOS
    • HOW-TOs
    • MUSTARD SEED SERIES
  • BEST DEALS
  • EVENTS
  • NEWSLINK
  • MEDIA OUTREACH
Home Sectors BUSINESS & ECONOMY FG Saves N296billion Annually Through TSA, IPPIS- NITDA
  • Sectors
  • BUSINESS & ECONOMY
  • POLITICS & GOVERNMENT

FG Saves N296billion Annually Through TSA, IPPIS- NITDA

May 23, 2018
Facebook
Twitter
Pinterest
WhatsApp
Linkedin
Email
Telegram
    NITDA |

     National Information Technology Development Agency (NITDA) yesterday said the Federal Government saves over N296billion annually through the implementation of Integrated Personnel Payroll Information System (IPPIS) and Treasury Single Account by Ministries, Departments and Agencies.

    Dr. Isa Ali Pantami, Director General of NITDA, who revealed this in Abuja at the Stakeholders’ Engagement on Nigeria e-Government Interoperability Framework (Ne-GIF), said the Federal Government saves N240billion annually through the implementation of IPPIS.

    He held that Nigeria also saves N56.4billion annually through the implementation of TSA.
    According to him, “Nigeria as a developing country has her own share of good experience of e-Government or ICT adoption for streamlining and improving governance.

    “Such good initiatives where Nigeria has recorded success in using ICT to drive government policies include Treasury Single Account (TSA), Integrated Personnel Payroll Information System (IPPIS), Government Information Financial Management Information System (GIFMIS), Bank Verification Number (BVN), e-Taxation, e-passport, e-wallet for farmers among others.

    “The implementation of TSA and IPPIS/BVN saves Nigeria N4.7 Billion and N20 Billion respectively every month and assist in the elimination of ghost workers in various MDAs.”

    He underscored the need for MDAs to have Nigerian e-Government Interoperability Framework, adding that it would make government transactions to be more transparent, accountable, efficient and time-saving.

    “It is an obvious fact that applying information technology (IT) for governance holds tremendous potential to improve the way governments deliver public services.

    “It is worthy to note that seamless exchange of Information between various MDAs’ IT infrastructure and applications is critical to cross-portfolio service delivery and public service transformation.

    “NITDA is committed to change the narrative by working closely with stakeholders to remove existing barriers caused by silo deployment of IT solutions. The barriers have made information sharing a nightmare among MDAs.

    “e-Government and ICT tools can among other things, cut down the cost of governance, improve national economic growth; enhance access and quality of services as well as render public agencies more transparent and accountable.

    “Accordingly, at this information age, going digital for any government is the optimal route to attain Sustainable Development Goals (SDGs),” he explained.
    Therefore, he tasked Heads of IT Units in MDAs, who were at the event, to own the project and contribute significantly to its success.

    He said: “We implore you to own the Framework and ensure its smooth implementation and compliance. Developing the Framework is one thing, compliance and implementation is another.
    “If we all believe that Interoperability Framework is essential for Government Digital Transformation in Nigeria, I implore us to put resources together for its implementation.
    “It requires strong political and leadership will by MDAs and collective commitment by all stakeholders in the Public and Private sectors.

    “The Ne-GIF provides tools, specifications and recommendations that are based on Standards for supporting MDAs in undertaking interoperability of e-government solutions for the provision of cross-portfolio services.”

    Facebook
    Twitter
    Pinterest
    WhatsApp
    Linkedin
    Email
    Telegram
      Previous articleStakeholders Berate Customs Over Multiple Cargo Inspections
      Next articleWays Corporate Firms Can Leverage on eCommerce to Cut Cost
      Victor Okeh
      Victor Okeh is a graduate of Economics from Lagos State University. He is versatile in reporting business and economy, politics and finance, and entrepreneurship articles. He can be reached via – victor.o@bizwatchnigeria.com.

      RELATED ARTICLESMORE FROM AUTHOR

      Ezekwesili Accuses Lagos Government Of ‘Class Cleansing’ Over Makoko Demolitions

      FG To Repay Over ₦1 Trillion To Bond Investors In January

      FCT Workers’ Strike Persists As Union Rejects Government’s Compliance Claims

      LEAVE A REPLY Cancel reply

      Log in to leave a comment

      Special Report

      LBS Breakfast Session Report: Not All That Glitters Is Gold!!!
      INFORMAL ECONOMY REPORT 2024: Empowering Nigeria's Informal Economy through Digital Banking
      LBS Monthly Report - The State of the Nigerian Economy, April 2024
      Nigeria's Tax Landscape Undergoes Transformation in 2023: Key Highlights of Fiscal Events
      Economic Outlook 2024: NGX Emphasizes Capital Markets as Catalyst for Growth
      2024 Budget Analysis: Nigeria Braces for 18-Month Economic Recovery Journey Amid Debt Woes
      ABOUT US
      BizWatchNigeria.Ng is a sector-based online news and business intelligence portal managed by Bizwatch Nigeria Limited. We point you to the latest news, information and business intelligence on your business sector, at the click of a button, on a daily basis.
      FOLLOW US
      Facebook Instagram Linkedin Twitter Youtube
      © 2025 - BizWatchNigeria.Ng

      We are using cookies to give you the best experience on our website.

      You can find out more about which cookies we are using or switch them off in .

      MORE STORIES

      Funke Akindele Shatters Records As Behind The Scenes Grosses $301,505 In...

      January 20, 2026
      BizWatchNigeria.Ng
      Powered by  GDPR Cookie Compliance
      Privacy Overview

      This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.

      Strictly Necessary Cookies

      Strictly Necessary Cookie should be enabled at all times so that we can save your preferences for cookie settings.