The federal government said it recovered more than N143. 89 billion from corrupt officials through the implementation of the Whistle Blower policy.
The Presidential Initiative on Continuous Audit (PICA) disclosed this in a report made available to the News Agency of Nigeria yesterday in Abuja.
The report showed that government had successfully recovered N7.8 billion, 378 million dollars and 27,800 pounds sterling.
According to the report, since the policy was introduced in 2016 to fight financial crimes and corruption, PICA has received 8,373 tips.
The report said 1,231 tips received were on financial crimes.
It further showed that the Federal Government was able to investigate 791 cases out of which 534 were completed.
It also showed that the Federal Government had also been able to save N208 billion through the payroll audit of its Ministries Department and Agencies (MDAs).
According to the report, N97.94 billion was saved in 2016, while N110.46 billion was saved in 2017.
It said the saving was from the recovery of salaries paid to ex-diplomats, reduction in personnel costs of MDAs and reduction in non-regular allowances of the armed forces, para-military agencies and health institutions.
All rights reserved. This material, and other digital content on this website, may not be reproduced, published, broadcast, rewritten or redistributed in whole or in part without prior express written permission from LEADERSHIP Nigeria Newspapers. Contact: email@example.com
Sign up for our newsletter
- HEALTH17 hours ago
Vice-President Flies Out On Medical Leave
- NEWS24 hours ago
Crisis Looms In Niger APC Over Planned Substitution Of Candidates
- OPINION23 hours ago
APC Primaries: Oshiomhole’s Timely Intervention In Niger
- NEWS17 hours ago
2019: PDP Appoints Saraki DG Campaign, Wike, Tambuwal, Others Zonal Coordinators
- NEWS16 hours ago
20-Yr-Old Daughter Drags Father To Court For Refusing Her Marriage
- COLUMNS23 hours ago
How Obasanjo Further Indicted Atiku Despite Endorsing Him For 2019 Presidency
- METRO14 hours ago
Just In: Fayose Surrenders To EFCC
- BUSINESS24 hours ago
Air Peace Receives Another Aircraft