Economic Hardship: FEC adopts Orosanye Report for implementation

The Federal Executive Council (FEC), on Monday, approved the adoption of the Orosanye Report, aimed at the reduction of cost of governance, for implementation.

Minister of Information and National Orientation, Mohammed Idris, disclosed this while briefing State House correspondents at the end of the FEC meeting, presided over by President Bola Tinubu, at the Council Chamber, Presidential Villa, Abuja.

The minister explained that with the adoption of the report, it means that some agencies, commissions and departments of government have been scrapped, some merged, some subsumed under some others and others moved under new ministries where they are supposed to perform better.

“In a very bold move today, this administration, under the leadership of President Bola Ahmed Tinubu, consistent again with his courage to take very far-reaching decisions in the interest of Nigerians, has taken a decision to implement the so called Orosanye Report.

“Now, what that means is that a number of agencies, commissions, and some departments have actually been scrapped, some have been merged, while others have been subsumed. Others, of course, have also been moved from some ministries to others where government feels they will operate better.

“Like I said, this is a very far-reaching decision. It is aimed, one, to fine-tune or to restructure government operations as a whole. Secondly, it’s in line also with decision of President Bola Ahmed Tinubu to reduce the cost of governance”, he said.

He, however, explained that the adoption of the report did not mean people working in the affected agencies and departments will lose their jobs.

According to the report, the Federal Radio Corporation of Nigeria, FRCN, has been merged with Voice of Nigeria.

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