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FG Moves To Improve Transparency In Military Finance
The Federal Government has intensified effort to bring more transparency into the finances of the Nigerian Military following disclosures of fund diversion in the on-going trial of Alex Badeh, an Air Marshal and former Chief of Defence Staff.
The federal government has decided to migrate the military into the Integrated Payroll and Personnel Information System,IPPIS. This was disclosed by Kemi Adeosun, Minister of Finance, during a meeting of the Continuous Audit Team of the federal government with the military finance team.
The audit team, which was set up to investigate the finances of federal government’s ministries, departments and agencies, embarked on the audit of military finances following revelations in the on-going trial of Badeh that N558.2 million was diverted monthly from the Nigeria Airforce accounts into private pockets.
Adeosun said the ministry of finance was making efforts to automate the payroll of all the branches of the armed forces to stop corruption in military finance, adding that the migration would be done before December this year.