Constituency Development Fund Est News Today : Breaking News, Live Updates & Top Stories | Vimarsana

For longer than Nigerians can remember, successive governments have been making promises of cutting Nigeria’s huge cost of governance in the face of dwindling resources beginning with reversing the epidemic of multiplication of governmental agencies. In 2011, former President Goodluck Jonathan set up the Presidential Committee on Restructuring and Rationalisation of Federal Government Parastatals, Commissions…

The Federal Government has notified professional bodies and councils that it would cease to fund them beginning from the 2024 budget.

The Senate has proposed the establishment of 376 new agencies and institutions despite efforts by the Federal Government to cut public expenditure and merge similar agencies and institutions. The senate proposal is also coming amid moves to restructure the public service in line with the Steve Oronsaye Committee Report on Restructuring and Rationalisation of Federal Government Parastatals, Agencies and Commission. The report recommended the scrapping or merging of some ministries, departments and agencies in order to reduce the cost of governance.