Home » News » world news » Workers : 24,000 Ghost Workers To Be Cut In Nigeria
ngozi-workers

Workers : 24,000 Ghost Workers To Be Cut In Nigeria

LAGOS — Nigeria’s Finance Ministry says it is cutting 24,000 ghost workers from the national payroll, saving $11.5 million a month. A new bank verification system helped uncover frauds with federal government salaries being paid to people who do not exist and some civil servants receiving salaries from multiple agencies, according to a statement received Monday from Festus Akanbi, the spokesman for the minister of finance.

Check also: Nigeria To Build A $2.4billion Lagos Red Line Rail Project

The 24,000 make up 7.5 percent of the 312,000 names so far checked in an ongoing exercise to root out corruption, he said, but was reluctant to give a figure for the total workforce until the verification exercise is complete.

In addition, the Military Pension Board has stopped payments to more than 19,200 personnel found to have died since the last audit in 2012, Akanbi said.

[mappress mapid=”11″]

Shortly before Nigeria’s government changed last year, an independent commission against corrupt practices reported discovering 45,000 ghost workers just in the federal ministry of finance.

Federal workers’ salaries, the biggest item on the budget, account for more than 40 percent of Nigerian government expenditure, Akanbi said.

Any money saved will mean less borrowing abroad and at home to fund Nigeria’s expanded budget for 2016, he explained. In fact this king of habbit is almost in every government on the African continent, governments make big loses through paying ghost workers, but its very unfortunate that a few like Nigeria have come out to stop such characters through carrying out serious investigations in all government departments.

This habbit has made poor countries to think of borrowing from the world bank all the time, many havenot even figured out why they always have financial shortages.

Source: usnews

For the latest on national news, sports, politics, entertainment and more like our facebook page and follow us on Twitter 

This is not a Paywall, but Newslex Point's journalism consumes a lot of time, hard-work and money. That's why we're kindly requesting you to support us in anyway they can, for as little as $1 or more, you can support us .

Please use the button below to contribute to Newslex Point, Inc. using a credit card or via PayPal.

Donate Button with Credit Cards

Comments

comments

Loading...

About lukwago J

Posted by LUKWAGO. J: He's a writer, editor, blogger, affiliate and a web developer, he loves thinking creatively and finding new ways to implement different programming ideas.

Leave a Reply

Your email address will not be published. Required fields are marked *

*

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Loading...
x

Check Also

Could Musk Provide Financial Support To Trump, Beyond Just Tweets

Could Musk Provide Financial Support To Trump, Beyond Just Tweets?

Elon Musk, the renowned entrepreneur and CEO of SpaceX and Tesla, has been known for ...