BREAKING: Tinubu’s Govt To Scrap Many Agencies To Cut Cost Of Governance
President Bola Ahmed Tinubu’s led government has announced that numerous agencies will be abolished and some will be consolidated as the President aims to significantly reduce the expenses of governance.
The President’s Special Adviser on Information and Strategy, Bayo Onanuga, disclosed this in a statement issued via his X handle on Monday (today).
Onanuga revealed that the President will be implementing the recommendations put forth in Steve Oronsaye’s panel report, which was submitted during the Goodluck Jonathan administration in 2011.
This decision to adopt the recommendations from the Oronsaye panel report was made following the Federal Executive Council meeting earlier on Monday.
The post by Onanuga read, “President Tinubu cuts the cost of governance by implementing Oronsaye Report.
“Twelve years after the Steve Oronsaye panel submitted its report on restructuring and rationalizing Federal government parastatals and agencies and a white paper issued two years after, President Tinubu and the Federal Executive Council today decided to implement the report. Many agencies will be scrapped, and many others will be merged to pave the way to a leaner government.”
The Steve Oronsaye Panel was established in 2011 under the administration of President Goodluck Jonathan.
On April 16, 2012, the panel presented an extensive 800-page report suggesting the elimination and consolidation of 102 government agencies and parastatals, with some proposed to operate on a self-funding basis.
