The monthly wage bill of the Federal Government has been reduced from N165bn to N145bn monthly.
The Permanent Secretary, Ministry of Finance, Mr Mahmoud Dutse said this on Thursday while speaking with journalists at the sideline of a workshop on cost management.
He said the N20bn reduction in monthly wage bill was achieved after an audit conducted by the Presidential Initiative on Continuous Audit.
According to him, the FG has also saved N15bn through the reduction in overheads and excessive foreign travels and other allowances paid to civil servants.
He said, “This workshop is a cost management workshop organised for the Directors of MDAs. Basically, it centered on how we should manage government’s funds better.
“As you all know, due to sharp decline in government revenue, we must manage our purse more efficiently. Though the revenue has gone down, expenditure has not gone and this is creating fiscal pressure.”
Dolapo is a writer and journalist who works with YNaija. He has interests in Christianity, politics and sports.
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