Business
Civil Servants Face Suspension Over Salary Padding
Some civil servants across several Ministries, Departments and Agencies (MDAs) have been suspended for alleged salary “padding”.
Some of those suspended are from the Revenue Mobilization Allocation and Fiscal Commission (RMAFC), Office of the Accountant General of the Federation (OAGF) and an undisclosed institute.
The Tide source learnt that some civil servants connived with some officials in the OAGF to pad their salaries by manipulating the Integrated Personnel and Payroll Information System (IPPIS).
In one instance, an Assistant Director involved with the IPPIS unit of the RMAFC is under probe over salary padding.
The Assistant Director (AD), an IPPIS desk officer in charge of staff’ salary, was alleged to have connived with some staff of the OAGF to pad the salaries of unspecified number of lower level staff.
A source familiar with the incident said, “The AD in connivance with some staff are neck deep in the salary padding racket. The alarm blew up recently when a level 7 officer whose salary should be in the range of N60,000 was paid over N400,000, salary package of Director.
“What happened was, another colleague on same salary scale saw the pay slip of a female colleague with a net pay of over N400,000. Surprised, he tried to get details of the excess payment but was rebuffed.
“Following the cold attitude from his colleague, the aggrieved staff raised the alarm and a committee was set up to investigate the matter”.
The salary padding racket, the source learnt, has been on for a while among a small clique of civil servants in different MDAs with the IPPIS office in the OAGF as the epicentre.
Reacting to the development, the OAGF in a statement, said it is “in receipt of enquiries over alleged “salary padding” on the Integrated Personnel and Payroll Information System (IPPIS) involving some unspecified Ministries, Departments and Agencies (MDA).”
The OAGF noted “there is no evidence of “salary padding” before the OAGF at this time; however, the office is aware of reported breach of the IPPIS third party payment protocol at an Institute outside Abuja”.
It added: “The incident has since been reported to, and is being investigated by relevant anti-corruption, security and regulatory agencies.
“In the meantime, a staff suspected to be connected with the breach has been suspended to allow for thorough investigation.
“All necessary steps are being taken to strengthen the controls around the IPPIS payment platform and an independent forensic audit of the entire payroll system is underway to ascertain if the reported breach is isolated or widespread”.
Chairman of the Revenue Mobilisation Allocation and Fiscal Commission (RMAFC) Mohammed Bello Shehu, confirmed to The Nation the commission has identified some culprits and placed them on suspension pending the investigation of the incidence.
He said some staff of the Commission were found to have manipulated the IPPIS system to pad their salaries above what they were supposed to earn.
Shehu said: “If the indicted officials are found culpable of the salary padding allegations, they will be handed over to the appropriate authorities for prosecution”.
Business
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Business
BVN Enrolments Rise 6% To 67.8m In 2025 — NIBSS
The Nigeria Inter-Bank Settlement System (NIBSS) has said that Bank Verification Number (BVN) enrolments rose by 6.8 per cent year-on-year to 67.8 million as at December 2025, up from 63.5 million recorded in the corresponding period of 2024.
In a statement published on its website, NIBSS attributed the growth to stronger policy enforcement by the Central Bank of Nigeria (CBN) and the expansion of diaspora enrolment initiatives.
NIBSS noted that the expansion reinforces the BVN system’s central role in Nigeria’s financial inclusion drive and digital identity framework.
Another major driver, the statement said, was the rollout of the Non-Resident Bank Verification Number (NRBVN) initiative, which allows Nigerians in the diaspora to obtain a BVN remotely without physical presence in the country.
A five-year analysis by NIBSS showed consistent growth in BVN enrolments, rising from 51.9 million in 2021 to 56.0 million in 2022, 60.1 million in 2023, 63.5 million in 2024 and 67.8 million by December 2025. The steady increase reflects stronger compliance with biometric identity requirements and improved coverage of the national banking identity system.
However, NIBSS noted that BVN enrolments still lag the total number of active bank accounts, which exceeded 320 million as of March 2025.
The gap, it explained, is largely due to multiple bank accounts linked to single BVNs, as well as customers yet to complete enrolment, despite the progress recorded.
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