The federal government is saving the sum of N4 billion daily as a result of the deployment of integrated personnel payroll information system (IPPIS) across 602 ministries, departments and agencies.
Similarly, the nation has saved a whopping N21 billion through the implementation of the IPPIS in the MDAs.
Ahmed Idris, the accountant-general of the federation, disclosed these when the senate committee on information communication and technology visited him in his office.
He explained that with the introduction of IPPIS, the government had reduced its spendings on manual accounting operations across its MDAs.
On cyber security, Idris told his guests that his agency was collaborating with the Office of the National Security Adviser to protect critical national information infrastructure from cyber-criminals.
On his part, Yakubu Oseni, the chairman of the committee, said Nigeria was currently faced with severe digital security challenges.
He said findings from the committee’s various oversight functions at ministries, departments and agencies of government had shown that the digital technology space in Nigeria was weak and had so much gaps.
Oseni said Nigeria was still lagging behind in infrastructure sophistication, data management and digital security.
He called for accelerated development in the digital technology space in Nigeria so as to ease the running of businesses and delivery of services.
He said, “Our institutions of learning seem not to understand the world we live in today. Indeed our cyber security consciousness and awareness does not come before that of any other country in the world, thus the need for accelerated development in ICT.”