FG To Merge MDAs Amid Shortfall In Revenue- Cut Salary/Jobs
FG To Merge MDAs Amid Shortfall In Revenue- Cut Salary/Jobs: The Minister of Finance, Budget and National Planning, Mrs. Zainab Ahmed, has disclosed government plans to merge Ministries, Agencies and Departments (MDAs) to reduce the cost of governance
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In a drive to reduce cost, some Ministries, Agencies and Departments (MDAs) that have similar roles and functions will be merged to be one, the Federal Government disclosed
“The President stated that the Salaries Committee should work together with the Head of Service to review salaries and payroll of federal institutions in order to step down on cost”
“Agencies and Ministries with similar functions with a view to merging them”
This cut cutting measure will :
- Reduce salary Payroll
- cut down recurring project cost
- Merge some of its Ministries, Departments and Agencies (MDAs).
- Spend N13.9 trillion with a view to earning N7.98 trillion in 2021
If these go according to plan, the economic will be rejuvenated and the healthy financial plan would see that, more infrastructural project will be properly financed delivered within the stipulated time frame
“The USD1.3 billion Zungeru hydroelectric power in Kaduna State, was reported to have reached 88% completion level. The new power project is expected to inject 700 Megawatt (MW) of electricity into the national grid when it becomes functional in December 2021”
“While we commend the Federal Government on its move to cut cost amid reducing frivolous expenditures in its budget and merging MDAs with similar functions, it is also imperative for FG to lead by example by reducing its salaries and allowances including that of the Legislatures. “With this, we note that more funds would be freed up for capital projects, such as power and road infrastructure that are critical for economic growth.”-Brandspurng