Africa
By Benprince Ezeh
BOSS Mustapha, Secretary to the Government of the Federation, SGF, has said that President Muhammadu Buhari is committed to leaving a sustainable legacy and has demonstrated the highest political commitment, given tremendous support, and consistently pursued reforms in all sectors of the Nigerian Economy.
Mustapha said this in his remarks during the Committee on the Review of the White Paper on restructuring and Rationalisation of Federal Government Parastatals, Agencies and Commissions, PACs, review of Parastatals, Agencies and Commissions created after the conclusion of a report on Restructuring and Rationalisation today, February 8, in Abuja.
He said: “The President is also conscious of the fact that irrespective of reforms in the other sectors if that of the public sector is not sustainable and internalized, governance would remain far from delivering effective and efficient services to the people.
“The daily galloping recurrent expenditure which is 40.3% (N6.9Trillion) as against 31.9% (N5.471 Trillion) for Capital expenditure in the year 2022 appropriation further places enormous burden on this administration to deal with the matter of cost of governance. As a matter of fact, the recent approval of increased Duty Tour Allowances makes it more compelling for the Federal Government to take urgent steps in cutting down on cost of governance as a result of recurrent expenditure,” he said.
According to him, the government receives the reports of these two committees. For the report of the Committee on the Review of the White Paper on restructuring and Rationalisation of Federal Government Parastatals, Agencies and Commission submitted in 2014.
“Your recommendations are noted and government’s position would be made known as soon as possible. On the other hand, a White Paper Committee would be set up to review the report of the Committee on Parastatals, Agencies and Commissions created between 2012 and October 2021.
“The submission of your reports today gives us an opportunity to move quickly with concluding this almost ten years problem. Like the Petroleum Industry Act that took more than two decades to conclude, this administration will also conclude this and timely too before it becomes embroiled in other matters.
“I want to assure you that all outstanding actions to finalise the issue of restructuring and rationalization would be addressed in the shortest possible time, and with the support of relevant stakeholders to reduce any envisaged push-back from implementing your recommendations,” Mustapha said.
Firt published – Feb. 09, 2022 @ 17:30 GMT |
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Tags: Boss Mustapha PACS President Muhammadu Buhari
