Nigeria Considers Reduction of Costs, Merge MDAs amid Shortfall in Revenue.
In the just concluded week, the Federal
Government as part of measures to reduce cost of governance amid its dwindling revenue, announced plans to reduce payrolls, cut down recurring project costs and merge some of its Ministries, Departments and Agencies (MDAs).
According to the Minister of Finance, Budget and National Planning, Mrs. Zainab Ahmed, the President stated that the Salaries Committee should work together with the Head of Service to review salaries and pay roll of federal institutions in order to step down on cost. She stated that FG would also review the mandates of some of its Agencies and Ministries with similar functions