No funds to establish, finance new agencies – FG

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The Federal Government, on Wednesday, said it had no funds to finance the establishment of another agency or agencies in Nigeria, as the ones already in existence were already too many.

“Personally, and the office that I currently head, will not support, on any condition, the establishment of yet another agency of government. We have for long maintained that in this sector right now, there are too many agencies,” he stated.

Akabueze added, “And we have maintained that this sector needs to harmonise and streamline these agencies, so that we stop dissipating resources and focus on growth. “Therefore, the much I have seen in this bill, there is nothing here that one of these agencies, even if it requires an amendment, cannot be amended to take on board. We will not be supporting the establishment of another agency.

“We don’t have the financing, and this is a consistent position that we have taken for a while. Many of you have heard about the famous Orosanye Report and for about 10 years now we’ve put it aside.” He said the government did not only have a committee working on the implementation of the Orosanye report, but had inaugurated another committee reviewing the additional agencies that had been established since the Orosanye report.All rights reserved. This material, and other digital content on this website, may not be reproduced, published, broadcast, rewritten or redistributed in whole or in part without prior express written permission from PUNCH.

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