Electronic Payment of Salaries of Staff to Nigerian Civil Servants Problems and Prospects

ELECTRONIC PAYMENT OF SALARIES OF STAFF TO NIGERIAN CIVIL SERVANTS PROBLEMS AND PROSPECTS

T. A. NGEREBO-A,Ph.D
DEPARTMENT OF BANKING AND FINANCE,
RIVERS STATE UNIVERSITY OF SCIENCE AND TECHNOLOGY,
PORT HARCOURT,
E-MAIL: [e-mail]

AND

SUNDAY C. NWITE
DEPARTMENT OF BANKING AND FINANCE
EBONYI STATE UNIVERSITY – ABAKALIKI
E-mail: [e-mail]

ABSTRACT

Electronic payment of salaries to staff is a new development in the country. Electronic payment is a process of making payments online through the use of ATM, Debit cards, credit cards, electronic cheque conversion. Electronic payment of salaries was introduced so as to monitor ghost workers among the civil servants, to prevent unnecessary expenses the workers experience such as collection of bribes from them by their accountant just to pay their salaries etc. It also gives them SMS Alert on their phones when their account has been credited. This work wants to evaluate electronic payment of salaries of staff, the problems and prospects. It was concluded that through the use of electronic mode of payment, it has brought about an improvement to the banking practices an this has reduced a whole lot of indiscipline and moral vices that do occur among the Nigerian civil servants. Recommendations was made that the government should put in more effort in providing infrastructures that will aid the use of electronic payment in paying salaries and also allow them to receive their salaries on time.
Keywords
Electronic payment, Internet Banking, ATM, Debit card, Technology awareness, EFT.

TYPE OF PAPER - RESEARCH PAPER

INTRODUCTION
Over the years, governments in Nigeria have raised alarms on their escalating salaries bills, even in the face of embargos on employment. A freezing of employment does not mean that stagnated salary bill, because the existing staff must be promoted, and this will imply increase in salary bill.

Electronic payment is an innovation introduced in

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