x

FG to Reduce Workforce – Finance Minister

The Federal Government is planning to downsize the civil service.

Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed, explained that the downsizing is aimed at cutting the cost of the government’s recurrent expenditure yearly.

Ahmed disclosed that the Federal Government is working on an exit package for workers that would be affected.

In a statement, the minister said the government has set up a committee to review the collapse of agencies, using the Stephen Oronsaye report.

According to Ahmed, the committee would be led by the Secretary to the Government of the Federation, SGF, Boss Mustapha.

“There is a special committee led by the Secretary to the Government of the Federation (SGF) that is working on the review of agencies with the view to collapsing them partly using the Oransanye report,” she said.

“At the end of it what we want to do is to reduce the size of government and also to reduce the size of personnel cost and part of it will be designing the exit packages that are realistic”.

She further explained that the planned collapse of agencies is because “we are revenue-challenged”.

Hot this week

Dogara: APC Convention Reinforces Democratic Renewal and Strategic Leadership

Rt. Hon. Yakubu Dogara, former Speaker of the 8th...

Court Grants Final Forfeiture of N3bn and Properties linked to NNPC Official

 By Francis Wilfred Justice J.O Abdulmalik of the Federal High...

AIG Adenola Congratulates Newly Decorated Police Officers

Assistant Inspector General of Police, Zone 16, , has...

Hon. Jaafaru Yakubu Honored as Outstanding Politician of the Year at Potters House Network Awards

The Potters House International Network has conferred its prestigious...

Court Jails Man for Naira Abuse in Enugu

By Francis WilfredJustice of the Federal High Court sitting...

You shall never become president, Fani-Kayode blasts Obi over NADECO post

Former Aviation Minister Femi Fani-Kayode has criticised Peter Obi...

Presidency Explains Why Tinubu Met Plateau Attack Victims at Jos Airport

The Presidency has defended President Bola Tinubu’s decision to...

Kogi AGILE Launches Massive Renovation of 728 Public Schools

From Noah Ocheni, LokojaThe Kogi State Government has launched...

Open Letter to His Excellency, Prof. Babagana Umara Zulum

Your Excellency,Permit me, sir, to first commend your enormous...

Kaduna Labour Threatens Strike Over Delayed Salary Adjustments

The Joint Negotiating Council (JNC) in Kaduna State has...

Kaduna APC Denies Endorsing Preferred Candidates Ahead of 2027 Elections

The All Progressives Congress (APC) in Kaduna State has...

NYA Urges Leaders to Adopt People-Centred Approach Amid National Challenges

The National Youth Alliance (NYA) has called on political...

Youth Group Calls for Nationwide Protests, Urges Action on Political, Economic Challenges

The National Youth Alliance (NYA) has called for nationwide...

Related Articles

Popular Categories

spot_imgspot_img