President Tinubu, in a move aimed at reducing the cost of governance has decided to implement the long-awaited Oronsaye Report on the restructuring and rationalization of Federal government parastatals and agencies.
Following twelve years since the submission of the Oronsaye panel’s report and the issuance of a white paper two years later, the decision to implement the recommendations signals a commitment to streamlining government operations and creating a more efficient administrative structure.
Under the implementation plan, numerous agencies will be scrapped, while others will undergo mergers, leading to the establishment of a leaner government framework. This strategic move is expected to optimize resources, enhance productivity, and ultimately contribute to the nation’s economic stability.
Further details regarding the specific agencies affected and the implications of the implementation will be provided in subsequent updates.