Dr.Joe Abah has listed how former minister of Finance, Kemi Adeosun ran Nigeria economy on Twitter
1. Full implementation of the Treasury Single Account. When the TSA was piloted under the previous govt, it saved the government N103 billion between 2010 and 2013. With full implementation from 2015, TSA had saved the government N7 TRILLION as at April 2018! Argue with facts!!
2. Voluntary Asset and Income Declaration Scheme (VAIDS). This raised the number of tax payers from 13 million in 2015 to 19.3 million in 2018.
Kemi Adeosun at FEC Meeting
3. Efficiency Unit of the Federal Ministry of Finance saved the govt N34 billion in Travel and Transport alone in 2017 compared to 2016
4. Efficiency Unit saved the govt N24 BILLION on Staioneries and Consumables in 2017 alone compared to 2016.
5. 5. Mrs Adeosun instituted the 22 conditions for states to get bail out funds which improved fiscal responsibility. Admittedly, this wasn’t perfect and needs more work.
6. The Development Bank of Nigeria was established and made operational.
7. The Whistleblower Policy led to the “blowing of 8,000 whistles”, which has led to 10 prosecutions, 4 convictions and the recovery of N14 billion. N440 million has been paid out to 14 people as a result.
8. Linking the BVN to the government IPPIS Payroll System has seen the uncovering of nearly 50,000 multiple salaries. These are not ghost workers but public servants collecting multiple salaries. In one case, one public servant was collecting 20 salaries!
9. Mrs Adeosun instituted the Presidential Initiative on Continuous Audit which sought to clean out the personnel records of government Minsities, Departments, agencies and parastatals. Ironically, it exposed many people with fake degree certificates who were shown the door.
10. The linking of BVN with IPPIS meant that, for the first time, we are able to identify who is benefiting from the creation of ghost workers. We now know who is collecting the salaries. More than 100 people re now being prosecuted by the EFCC for benefitting from ghost workers.
