JUST IN: Tinubu to scrap many agencies, merge others Based on Oronsaye Report
President Bola Tinubu, in a move aimed at reducing government spending, has declared his intention to implement key recommendations from the 2012 Oronsaye Report. This decision comes 12 years after the report, commissioned by then-President Goodluck Jonathan, proposed restructuring and consolidating federal government parastatals and agencies.
According to a statement released on Monday by presidential spokesman Bayo Onanuga, the President and the Federal Executive Council (FEC) have agreed to implement the report’s recommendations. This will involve “scrapping many agencies and merging many others” to streamline the government and potentially save taxpayer funds.
The Oronsaye Report, named after its chairman, Stephen Oronsaye, had identified significant overlap and inefficiency within various government agencies. It recommended merging or eliminating hundreds of parastatals, sparking debate at the time.
The announcement has generated mixed reactions. Some commend President Tinubu’s focus on cost-cutting and streamlining government bureaucracy. Others express concerns about potential job losses and the impact on service delivery.
The details of which agencies will be affected and how the restructuring will be implemented are yet to be revealed. The full extent of the impact, both economic and social, remains to be seen.
