FG saves N1.46trn with ICT policy

The Accountant-General of the Federation, Ahmed Idris, has said the full implementation of information and Communication Technology (ICT) was saving N1.46 trillion annually for the federal government.

He disclosed this, Tuesday, in Abuja when he hosted members of the Senate Committee on ICT and Cybercrime.

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Ahmed also said they have achieved “substantial gross savings in the sum of about N21bn in respect of the 602 MDAs paid on IPPIS.”

He said: “In recognition of the significant role played by the Office of the Accountant-General of the Federation (OAGF) in the automation of Public Financial Management (PFM), the Office of the National Security Adviser (ONSA) has designated GIFMIS and IPPIS infrastructures as Critical National Information Infrastructure (CNII), adding that OAGF and ONSA have partnered to protect these infrastructure from cybercrimes in line with the Cybercrimes Act 2015.

Chairman, Senate Committee on ICT and Cybercrime, Senator Yakubu Oseni, noted that the gains of digital technology are being dampened by rapid evolution of cyber security threat landscape, with increased attacks in both sophistication and severity.