Company Reporter


Imo governor, Sen Hope Uzodinma, on Monday disclosed that his administration saves N2 billion each month from the wage invoice of the state employees and pensioners.

He attributed this to the funds of salaries and pensions utilizing the Financial institution Verification Quantity (BVN) information which uniquely tied every employee to a definite checking account.

The governor, in a statewide broadcast in Owerri, mentioned the financial savings was because of complete overview of the state’s civil service and fee construction with a view to fishing out ghost employees.

This, he mentioned, had been put in place by his administration, a measure which saved N2 billion for the state month-to-month.

“I can inform you at this time that by insisting on the enforcement of BVN information, which uniquely ties every employee to a definite checking account, I’ve been capable of save about N2 Billion month-to-month from the wage invoice of Imo employees and pensioners.

“I contemplate it a terrific achievement that by this painstaking train of eradicating the stinking fraud within the public service payroll system, the sum of N2 nillion is saved each month for the state,” the governor mentioned.

He reiterated his dedication to the fee of salaries on or earlier than month finish, and appealed to residents to assist his administration’s efforts in combating corruption within the civil service.

Uzodimma nevertheless added that the saved funds can be channelled to improvement of infrastructure and building of faculties and hospitals.

“This big sum will likely be ploughed again to infrastructural improvement. Which means that authorities will be capable to ship extra roads, housing and higher hospitals and faculties within the coming months and years.

“Let me use this chance to enchantment to my esteemed Imo folks to stroll with us on this journey of blocking just a few depraved folks from stealing from our commonwealth by payroll fraud.

“I enchantment to our folks to grasp that if there are non permanent delays within the fee of salaries, it’s by no means for lack of funds, however as a result of we’re decided to cease the payroll cabal from fleecing our commonwealth.

“Let me reiterate my early dedication to fee salaries on or earlier than the top of each month, whereas I intend to maintain this promise religiously.

“I can’t additionally enable the payroll cabal to make use of it as an excuse to blackmail me into paying non-existent workers salaries that results in their non-public pockets,” he promised. (NAN)

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