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Federal government saves money on public funds at it uncovers 60,000 ghost workers

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Friday, 30 June 2017
- Acting President Yemi Osinbajo says at least 60,000 ghost workers have been uncovered

- This was as a result of the introduction of the Bank Verification Number (BVN)

- Osinbajo also says the introduction of the Treasury Single Account (TSA) has helped in handling public funds


Acting President Yemi Osinbajo said that since the introduction of the Bank Verification Number (BVN), at least 60,000 ghost workers have been uncovered.


24repoters.com gathered that Osinbajo gave the update on the federal government's war on corruption at the 5th Annual Christopher Kolade lecture on Business Integrity in Lagos on Thursday, June 29.




However the acting president did not say how much government now saves with the uncovering of the 60,000 ghost workers.


Osinbajo also said the Closure of over 20, 000 government bank accounts and the introduction of the Treasury Single Account (TSA) has brought a great deal of sanity into handling of public funds.


He said the President Muhammadu Buhari's administration would not relent in the anti- corruption war.



He said: "In our investigations into defense spending, we Discovered $ 15 billion unaccounted for, with this guarantee that we will ever be able to recover it. You can imagine the damage done by that corrupt act."



In a previous report by 24repoters.com , fewer than 150 ghost workers have been Discovered at the National assembly.


The staff verification which led to the discovery is part of the measures put in place to reduce the running cost of the legislative arm.



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