The Minister of Finance, Mrs. Kemi Adeosun, has said that the Federal Government has saved N68 billion on personnel cost in 2017, bringing the aggregate savings in that regard to N288 billion.
Adeosun made this disclosure during her presentation of “Status Update on the Implementation of Federal Executive Council Approved Projects” at the Executive Council’s meeting.
According to her, the savings were funds that would have otherwise gone unaccounted for but were now freed for the government to fund capital projects.
She said the savings were achieved despite increase in personnel, including the employment of 10,000 by the Nigeria Police.
