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Tuesday, May 8, 2018

Govt Recovers N7.8b, $378m Through Whistle-Blower’s Policy

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Vice President Yemi Osinbajo said yesterday that Nigeria recovered about N7.8 billion, $378 million and £27,800 through the Whistle-blower’s Policy launched by President Muhammadu Buhari in December 2016.

He also said the Federal Government met no savings in the accounts when the Buhari administration came on board.

Osinbajo spoke at the opening of the Open Government Partnership (OGP) Week holding at the Nigerian Air Force Headquarters, Abuja.


According to him, the Presidential Initiative on Continuous Audit (PICA), which oversees the Whistleblower’s Policy in the Ministry of Finance, has  helped the government to save over N200 billion by eliminating ghost workers. PICA was established to clean up the payroll and pension system across all the ministries, departments and agencies.

Osinbajo said the government had included recovered assets in the country’s annual budget since 2017 and invested them in infrastructure as well as in the Social Investment Programme.

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