A CLEAR picture of the assets of Nigeria all over the world may soon
emerge as President Goodluck Jonathan Wednesday set up a special
inter-ministerial committee to verify them.
The committee,
announced by Minister of Information, Labaran Maku, at the end of the
fifth meeting of the Federal Executive Council (FEC) this year, is
expected to go round the world and verify Nigeria’s assets, including
those owned by the country’s missions abroad under the Ministry of
Foreign Affairs and the major Federal Government operators in the
maritime sector, the Nigerian Ports Authority and the Nigerian Navy.
The
committee is headed by the Minister of Foreign Affairs, Ambassador
Olugbenga Ashiru, with representatives of the Federal Ministries of
Finance, Lands, Housing and Urban Development, Bureau for Public
Enterprises (BPE) and Bureau for Public Procurement (BPP) as members.
Other
members include the representative of the Nigerian Institute of
International Affairs (NIIA) and the Special Adviser to the President on
Performance Evaluation, Prof. Sylvester Monye.
Besides, in the
last quarter of year 2012, that is between September and December, the
government raised a total revenue of N2.413 trillion, which it also
distributed amongst the three-tiers of government in the country.
The Central Bank of Nigeria (CBN) disclosed this in its fourth quarter economic report released Wednesday.
The
apex bank report is designed for the dissemination of financial and
economic information on the Nigerian economy on current basis. The
report analyses developments in the financial, fiscal, real and external
sectors of the economy, as well as international economic issues of
interest. The report is directed at a wide spectrum of readers,
including economists and financial analysts in government and the
private sector, as well as general readers.
Also, the FEC was told
during its session that under the Federal Ministry of Finance
Integrated Payroll and Personal Information System (IPPIS), a total of
45,000 ghost-workers had been discovered during the implementation of
the scheme in 251 Federal Government Ministries Departments and Agencies
(MDAs). Altogether, a total of 153,019 workers were audited in the 215
MDAs as at January 2013.
Minister of State for Finance, Yerima
Ngama, told journalists at the end of the Council meeting that the IPPIS
was introduced to enhance efficiency in personnel cost planning and
budgeting. Under this policy, which was opposed by unions in the MDAs,
personnel cost is based on actual verified number of staff and not
estimates.
Ngama stated that a total of 321 MDAs were yet to be captured on the IPPIS scheme.
He
added that the Federal Government had established the Treasury Single
Account (TSA) as a unified structure of government bank account that
gives a consolidated view of the cash position of the MDAs. Already, a
total of 92 MDAs are currently on the TSA. By the end of next month, 97
MDAs based in Abuja will be added to the TSA scheme.
Giving an
overview of the execution of the tasks assigned to the ministry, Ngama
stated that the Federal Government was planning to increase its capital
expenditure to 60 per cent while reducing recurrent expenditure to 40
per cent.
And just before the commencement of the Council meeting,
President Jonathan announced a cash gift of N5 million to the Nigerian
Football Supporters’ Club for their “unparalleled support” for the Super
Eagles throughout the AFCON tournament.
The announcement followed the presentation of the cup to the Council Chambers, Presidential Villa, Abuja.
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