The country also saved about N10 trillion in the years that the Single Treasury Account (TSA) has been in operation.
The director-general, Bureau of Public Service Reforms (BPSR), Dr. Dasuki Arabi, disclosed this during the weekly ministerial media briefing organized by the presidential media team in Abuja.
According to him, the IPPIS led to the weeding out of about 70,000 ghost workers from the service.
He said: “On the next slide, these are some of the benefits that we think government or Nigerians have benefited out of the work that we have been doing in collaboration with other agencies of government, where they with the introduction of IPPIS about 70,000 ghost workers have been eliminated from the payroll.
“We have a one shot opportunity to look at IPPIS and say, as at today, we have 720,000 public servants working for Nigeria.
“This is a great achievement which I think we need to encode and we need to get it celebrated by all of us. We’ve been able to reduce more than N220 billion wastage through wrong management of IPPIS on payroll by ministries, departments and agencies of government. We have reduced the budget deficits and change the budget composition.
“We have succeeded in getting the Treasury Single Account deployed in all ministries, departments and agencies of government. Challenges have come in that implementation at the initial stage, but we are overcoming that and government is able to save over N10 trillion over the years because whatever you’re generating now goes into a Treasury Single Account that is managed by somebody else, not you.
“And government, especially at the top is always able to see what has come into our Treasury Single Account today and what has gone out of that. So planning has been simplified. Budgeting has been simplified.
“Our distribution and allocation of resources have been simplified and streamlined.”
The director general said as part of the reforms in the service, the Government Integrated Financial Management Information System (GIGMIS) has made government business paperless and “it has reduced man to man contact and processing, payments in ministries, departments and agencies of government.”
He added: “Transparency has been improved. A lot of things are done even outside the office. But the most important thing is the ability given to central agencies, office of Accountant General of the Federation, and the Ministry of Finance to see what is happening in all ministries, departments and agencies of government because GIFMIS is not controlled by the agencies.
“It is controlled by the central agencies, but every activity you are doing under GIFMIS somebody, is watching you and is monitoring that activity. This is a great achievement for us and for all of you and for all Nigerians.
“There is better access to information on finances in this country. Whatever you do, somebody’s watching you and somebody can request and get those information. International rating agencies standards and co have more confidence in Nigeria now because they have access to information and data that they were not able to get before this time.
“Again, this is a breakdown of some of the benefits of the reforms that we’ve been driving.”
On deductions blamed on the IPPIS, which has been a source of friction, especially between government and universities unions, Arabi affirmed that deductions just do not occur on their own except where loans had been obtained.