time. This policy framework aligns the budget to specific objectives and makes the budgetary process more transparent. It enhances civil society participation as well as discipline and efficiency in public finance management  Introduction of Integrated Personnel Payroll System (IPPIS) aimed at the elimination of payment of salaries to nonexistent workers (Ghost workers) This measure has helped the government to save several millions of Naira in the payment of salaries to Federal workers and fishing out ghost workers from its payroll. IPPIS is being extended to more MDAs while the other two tiers of government are being encouraged to adopt it.  Introduction of e-payment system which is the application of electronic means in financial transactions between government, business entities and citizens. The objective of this system is that it enables easy tracking of payments to beneficiaries’ account hence:  it reduces cases of corruption;  assists corruption fighting Agencies like EFCC and ICPC in cases of investigation;  reduces transactions cost; and  enhances transparency and accountability in government business and among public offices etc. Sovereign Wealth Fund 4.3.2 A major milestone in public finance management is the establishment of the Sovereign Wealth Fund, aimed at saving excess revenue from the sale of 41