
Minister of Finance, Kemi Adeosun, has said that President Muhammadu Buhari’s economic plan is on strong discipline aimed at getting the country going.
“We will continue to improve discipline on an ongoing basis. Federal Government has commenced similar reforms at the federal level, with success; Ghost workers which we prefer to call Payroll clean-up has been very successful and the continuous audit unit at the FG level will continue to monitor and improve our efforts there.
“We have saved N6.6 billion on a monthly basis. This is all about good housekeeping. The efficiency units have already had success with travel, food, sitting allowance and they will now look at adverts. We are all aware of the efforts on plugging leakages and recoveries.”
The minister was speaking on the Channels TV where she insisted that if Nigeria is to achieve sustainable growth it needs a planned approach to financial discipline, targeted investment and economic diversification.
Speaking on the Sunrise programme, Adeosun said: “The government’s Economic Plan is strong on fiscal discipline, because people know we need to get our country working. And to do that we need to do three things: get the country’s spending in check with firm financial controls, raise money for targeted investment in much needed infrastructure; and see us diversify the economy from a damaging dependence on oil.”
Asked about her Ministry’s decision not to reinstate special bonus and overtime payments paid to civil servants in 2013/2014, the Minister said: “This is part of the same clear goal: ensuring fiscal discipline. We recognise the value of our staff and have made sure salaries are paid and we’ve worked hard to avoid redundancies. Although I understand the disappointment some staff may have, any special payments wouldn’t be appropriate and there simply aren’t any provisions to pay out the N1.2bn. We need to return fiscal discipline not just to the Ministry of Finance, but to every arm of government.”
“Any delayed legitimate overtime payments will be paid. The Director of Finance Administration will address these and ensure that they are paid. Staff will get what they are legally entitled to.
“The task now is for management and staff of the ministry to work together to achieve the goals of the administration: real reform through financial discipline, providing targeted investment and diversifying our economy. The staff work hard and they are committed so they must be paid what they are due.” [myad]