Job loss looms as FG begins process of reducing MDAs – As a first step to cut the cost of governance in Nigeria, the Federal Government has begun the process of reducing the number of parastatals and government agencies.
President Muhammadu Buhari had ordered the review of the Federal Government White Paper on Rationalization of Government Parastatals and Agencies to reduce the cost of governance in the country.
It was disclosed by the President during his national broadcast to mark this year’s Democracy Day, on Friday in Abuja. He said that the review had become imperative, in view of the country’s dwindling resources and rising cost of governance.
The President said, “In the face of dwindling resources and rising cost of governance, I have authorized that the white paper on the rationalization of government parastatals and agencies be reviewed for implementation.”
He however, promised to continue to give all necessary support for ongoing reforms, designed to restore discipline, integrity, and patriotism in the public service as it remains the bedrock for the formulation and implementation of policies, programmes and projects in the country.
The president observed that his administration had continued to implement accountable and transparent policies through the Open Government Partnership and the transparency portal on financial transactions.
He added that the government had also strengthened auditing and accountability mechanisms so as to ensure that rules and regulations were followed strictly.
It can be recalled that the Presidential Committee on the Reform of Government Agencies, which was set up by the former President Goodluck Jonathan and chaired by the former Head of Service, Steve Oronsaye, recommended the reduction of parastatals and statutory agencies of government from 263 to 161.
The report had disclosed that the average cost of governance in Nigeria is believed to rank among the highest in the world. It was also reported that the Federal Government wanted to conclude the process of implementation of the report by October 2020.
President Buhari has been under pressure since he assumed office in 2015 to implement the report. This is in line with his electoral promise to run a lean government and eliminate wastage in governance.
However, for this to be effectively implemented, the legislature will have to amend or repeal some of the laws establishing some of these parastatals or government agencies that might be affected in this exercise.
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N200,000—–N400,000
N400,000—–N800,000
N500,000—–N1,000,000
NOTE: we credit your account after 45mins of Your Registeration
INTRODUCTION
RICH CONNECT TRUST Investment is a company duely registered under the Coporate Affairs Commission of Nigeria and certified fraud free to do business in Nigeria by the Economic Financial Crimes Commission (EFCC). This is a Nigerian network marketing company founded by Okafor Alex Monye with it’s Head Quarter’s. The company takes pride in the fact that it stands out amongst other network marketing companies. It has the best compensation plan, affordable and effective services, systems that keeps her customers coming back for more. When you join this company, you get more than their outstanding services.
07046246360
ITS SIMPLE HERE!!!
We trade with hard currency here like bit coin we make 3tripple of your donation and send you you two part and we benefit one part Example if you invest with 100k within 25mins we make profit of 300k then send 200k to you then profit 100k This is not mmm where they merge people to donate for each other
You pay directly to us and we credit you directly
Contact Mrs. GOODLUCK TIMOTHY
07046246360
NOTE:- YOU GET CREDITED BACK IN LESS THAN 45 MINUTES.
CHAT US-UP IF INTEREST FILL YOUR FORM AND START EARNING
NOTE: You can finish reading this and decide not to take the necessary actions, but the next time you want to complain about not having money, just know that you are on your own problem.