Cutting Nigeria’s huge cost of governance in the face of dwindling economic fortunes may remain a mirage or at best, mere platitudes, going by feelers from the seat of power in Abuja and its corridors across the country.?
?For some time now, there have been sustained campaigns for cost-cutting measures in governance across the board by concerned Nigerians, comprised mostly of economists, financial analysts, stakeholders, and public sector commentators.?
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Following unsuccessful attempts by successive administrations to reduce the number of federal government Ministries, Departments, and Agencies (MDAs) as a cost-cutting measure, former President Goodluck Jonathan, 2011, set up the Presidential Committee on Restructuring and Rationalisation of Federal Government Parastatals, Commissions, and Agencies, under the chairmanship of Steve Oronsaye.?
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The Oronsaye committee submitted an 800-page report on April 16, 2012, which recommended the abolition and merger of 102 government agencies and parastatals, while some were listed to be self-funding.?
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The committee revealed a high level of competition among several overlapping agencies, which had not only created ill feelings among government agencies but also brought about unnecessary wastage in government expenditure.?
Source: Guardian Nigeria