President Muhammadu Buhari has announced that his government is considering closing down some unproductive foreign missions and merging of parastatals very soon. He disclosed that already Boards of government’s companies have been abolished.
The President spoke today during the first Presidential media chat aired by the Nigeria Television Authority (NTA), other private television stations across the country and was broadcast by Radio stations.
President Buhari said that his government would look critically at the foreign missions to determine which ones to close down to cut the cost of running them, adding that some parastatals too would be merged while others would have to go.
He said that the cost cutting in the running of government began with the cutting of the number of ministries and ministers from 42 to 24, and that the exercise would carried out down the line.
More later…[myad]
