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Nigeria government's audit removes nearly 24,000 non-existent workers | Nigeria government's audit removes nearly 24,000 non-existent workers |
(about 11 hours later) | |
The Nigerian government has removed nearly 24,000 workers from its payroll after an audit revealed they did not exist, the Finance Ministry has said. | The Nigerian government has removed nearly 24,000 workers from its payroll after an audit revealed they did not exist, the Finance Ministry has said. |
The move has enabled a monthly saving of around $11,5m (£8m). | The move has enabled a monthly saving of around $11,5m (£8m). |
The audit is part of an anti-corruption campaign by President Muhammadu Buhari, who took power last year. | The audit is part of an anti-corruption campaign by President Muhammadu Buhari, who took power last year. |
Corruption and mismanagement have long been a challenge to Nigeria's growth, and the government has promised to cut costs to face an economic slowdown. | Corruption and mismanagement have long been a challenge to Nigeria's growth, and the government has promised to cut costs to face an economic slowdown. |
Nigeria is Africa's biggest economy and the continent's top oil producer, and its finances are under strain due to the recent collapse in oil prices. | Nigeria is Africa's biggest economy and the continent's top oil producer, and its finances are under strain due to the recent collapse in oil prices. |
The country has also faced rising inflation, a stock market slump and the slowest pace of economic growth in more than a decade. | The country has also faced rising inflation, a stock market slump and the slowest pace of economic growth in more than a decade. |
Nigeria's budget fiasco | |
Is corruption Nigeria's biggest challenge? | Is corruption Nigeria's biggest challenge? |
Profile: Muhammadu Buhari | Profile: Muhammadu Buhari |
The audit started in December used biometric data and a bank verification number to identify holders of bank accounts into which salaries were being paid, Reuters news agency reports. | The audit started in December used biometric data and a bank verification number to identify holders of bank accounts into which salaries were being paid, Reuters news agency reports. |
This process allowed the identification of some workers who were receiving a salary that did not correspond to the names linked to the bank accounts. | This process allowed the identification of some workers who were receiving a salary that did not correspond to the names linked to the bank accounts. |
Nigeria's economy | Nigeria's economy |
Source: UN | Source: UN |
It also revealed that some employees were receiving salaries from multiple sources. | It also revealed that some employees were receiving salaries from multiple sources. |
Some 23,846 non-existent workers were removed from the payroll, an adviser to the finance minister was quoted by Reuters as saying. | Some 23,846 non-existent workers were removed from the payroll, an adviser to the finance minister was quoted by Reuters as saying. |
Periodic checks and electronic audit techniques will be periodically carried out to prevent new frauds, the ministry said. | Periodic checks and electronic audit techniques will be periodically carried out to prevent new frauds, the ministry said. |
Officials have said the savings resulted from the anti-corruption measures will help the country tackle its crisis and prevent job cuts. | Officials have said the savings resulted from the anti-corruption measures will help the country tackle its crisis and prevent job cuts. |
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