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Home Sectors BUSINESS & ECONOMY FG Saves Over N10trn Through Treasury Single Account Implementation
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FG Saves Over N10trn Through Treasury Single Account Implementation

June 24, 2022
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    Reps Urge SON To Establish Sustainable Policy To Promote Energy-efficient Appliance

    The federal government has disclosed that over N10 trillion have been saved since the Muhammadu Buhari-led administration introduced the Treasury Single Account (TSA).

    The Director-General of the Bureau of Public Service Reforms (BPSR), Dr. Dasuki Arabi, who made this known at a news briefing at Abuja, declared that the government had succeeded in getting the TSA deployed in all ministries, departments, and agencies.

    According to him: “Challenges have come in the implementation at the initial stage, but we are overcoming that, and government can save over N10 trillion over the years because whatever you’re generating now goes into a TSA managed by somebody else, not you.

    “And government, especially at the top is always able to see what has come into our TSA today and what has gone out of that. So planning has been simplified. Budgeting has been simplified. Our distribution and allocation of resources have been simplified and streamlined.”

    Speaking on the performance of the Bureau in the execution of its core mandate, particularly in ensuring the full implementation of reform policies and programs for the government, he said the introduction of the Integration Personnel and Payroll Information System (IPPIS) led to the reduction of the Federal Civil Service personnel to 720,000.

    The IPPIS, the DG further explained, led to the wedding of about 70,000 ghost workers from the service.

    Using video slides to illustrate, Arabi said: “On the next slide, these are some of the benefits that we think government or Nigerians have benefited out of the work that we have been doing in collaboration with other agencies of government, where they with the introduction of IPPIS about 70,000 ghost workers have been eliminated from the payroll.

    “We have a one-shot opportunity to look at IPPIS and say, as, at today, we have 720,000 public servants working for Nigeria.

    “This is a great achievement which I think we need to encode and we need to get it celebrated by all of us. We’ve been able to reduce more than N220 billion wastage through wrong management of IPPIS on payroll by ministries, departments and agencies of government. We have reduced the budget deficits and change the budget composition.”

    The DG said that as part of the reforms in the service, the Government Integrated Financial Management Information System (GIGMIS) had made government business paperless, and “it has reduced man to man contact and processing, payments in ministries, departments and agencies of government.”

    According to him: “Transparency has been improved. Many things are done even outside the office. But the most important thing is the ability given to central agencies, the office of Accountant General of the Federation, and the Ministry of Finance to see what is happening in all ministries, departments, and agencies of government because the agencies do not control GIFMIS.

    “The central agencies control it, but for every activity, you are doing under GIFMIS, somebody is watching you and is monitoring that activity. This is a great achievement for us, all of you, and all Nigerians.

    “There is better access to information on finances in this country. Whatever you do, somebody’s watching you, and somebody can request and get the information. International rating agencies standards and co have more confidence in Nigeria now because they have access to information and data that they could not get before this time.

    “Again, this is a breakdown of some of the benefits of the reforms that we’ve been driving.”
    On deductions blamed on the IPPIS, which has been a source of friction, especially between government and universities’ unions, Arabi affirmed that deductions do not occur on their own except where loans had been obtained.

    His words: “On deductions and complaints around IPPIS, you know, we have just started from the pilot ministries, six. We went to 10 then because of the push by the international community, especially the development partners, who are eager to get Nigeria at that level at par with other nations we went through.

    “I remember, I’m privileged to be part of the team that started the discussion around IPPIS and were able to get different sectors of the Public Service to come and have meetings and discussions with us to understand their various cadre within the field, their pay structure; their responsibilities and all these have been taken care of.

    “Along the line, there are some new creations, and I think there are some omissions, which government is addressing, but I would not take these men to complain that their deductions like that, it cannot be arbitrary.

    “For every deduction that is done, there is justification for that. And if there are problems, they are identified, and the complaints I made will be rectified. And quite a number of our colleagues, some may have taken many loans that have committed themselves, deductions are being made left, right and center.

    “So, I want to assure you and the person that complained to you, that government is addressing some of these problems.”

    The DG also stated that the government is silently implementing aspects of the Oransanye Report on Civil Service Reforms. He said the government would soon announce the implementation of the White Paper.

    “On Oronsaye white paper, the government has been working around that. You are aware that it was implemented in good time. And over the years, there have been changes. More agencies and commissions were created, making it necessary for the government to look back and say, okay, between Oronsanye White Paper and today, how many more agencies have been created?

    “So, that was why those committees were created. But beyond that, I want to tell you that some silent aspects of the report are being implemented silently.

    “We’re hoping that very soon we will conclude on that and the major activity will come. So, just wait for the announcement from the secretary to the government of the Federation, who is the chairman of the implementation committee of the white paper,” Arabi further said.

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      Boluwatife Oshadiya
      Boluwatife Oshadiya is a Nigerian journalist and communications specialist with over four years of experience in business journalism, digital media, and strategic content development. He is a Senior Executive in Content and Business Development at Bizwatch Nigeria, where he helps shape editorial strategy, deliver high-impact business reporting, and drive growth through content-led partnerships. His work focuses on business, finance, and economic storytelling, combining strong editorial judgement with SEO-driven, audience-focused journalism.

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