It has to do with the implementation of the Orosanye report which recommended the merging of many government’s agencies and parastatals in order to cut the cost of running all the various agencies.
At the first look, the idea appears very good and reasonable but when subjected to a careful scrutiny, it’s easy to see that such recommendation will only create more problems than it will ever solve. Since the workers are not going to be laid off, they will merely move from one office to another only to be rendered utterly redundant while still drawing salaries from the government.
In essence, there won’t be any reduction in government’s spending since it will still have to increase allocations to the new formations in order to cope with their huge wage bills. Therefore, there is the need for the government to think through things properly before embarking on a policy that may later boomerang and lead to a new set of problems.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Nigeria Latest News, Nigeria Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
EPL: Glazer family's decision on selling Man Utd revealedThe Glazer family are not interested in selling Manchester United, according to prospective buyer Sir Jim Ratcliffe. Ratcliffe, who also made an offer to I know they will never sell manutd
Source: DailyPostNGR - 🏆 11. / 59 Read more »
Fayemi: Bowing out in a blaze of glory | TheCableBY HAKEEM JAMIU Rt. Hon. Speaker sir, Please permit me to quote from the book, ‘Swimming Against the tide: The Kayode Fayemi Administration Ekiti State- 2010-2014’. “It is often conceived
Source: thecableng - 🏆 2. / 80 Read more »
Nigeria’s problems beyond a 70-year-old president — Imulomen, Accord Presidential candidateThe Presidential flagbearer of Accord Party, Prof. Chris Imulomen has stated that the challenges facing the country are not that which a 70-year-old president can tackle. According to Imulomen, Nigeria needs a youthful mind who is at the peak of their career to lead the country out of her current doldrums. He said this in …
Source: NigeriaNewsdesk - 🏆 10. / 63 Read more »
Flamingos battle Germany in Nigeria’s opening game | The Guardian Nigeria News - Nigeria and World NewsThe Flamingos will begin their campaign at the ongoing India 2022 FIFA U-17 Women's World Cup today with a tough group game against women's football powerhouse Germany. Germany Nigeria FIFA FIFAU17WWC U17WWC India GerNga Wishing our girls all the best of luck over there in India All the very best for our girls today I n India 🔥🔥🔥
Source: GuardianNigeria - 🏆 1. / 94 Read more »