The Federal Government saved about N273.8bn through the implementation of the Integrated Personnel and Payroll Information System.
The Accountant-General of the Federation, Ahmed Idris said this at a meeting of Vice Chancellors, Registrars and Bursars of Federal Universities held in Abuja.
The AGF said the IPPIS scheme is one of the Federal Government’s reform initiative which is designed to achieve a centralized payroll system of the Federal Government, facilitate easy storage, updating and retrieval of personal record for administrative and pensions processing to aid manpower planning and budgeting as well as to comply with the global best practice.
A statement on Wednesday from the Office of the Accountant-General said that the amount was saved between 2017 and 2018.
He explained that the fund is now available for spending on government projects.
He revealed that prior to 2015, the total number of Ministries Department and Agencies on IPPIS was 288 with total staff strength of 235,858, adding that currently, the total MDAs on IPPIS platform is 561 with over 755,422 workers.
He said the Federal Government has concluded arrangements to enrol Federal Universities in Nigeria on the IPPIS payment system to promote probity, transparency and accountability in government expenditure in order to achieve the desired objectives of centralizing payroll system.
He said that the centralized payroll would be prepared by each university but coordinated by IPPIS while the total management of the Human Resources would rest squarely with the Universities.
PUNCH