President Bola Tinubu is preparing to announce a series of measures aimed at reducing governance expenses in Nigeria, following his recent appointment and reassignment of new ministers to his cabinet. This move comes as part of a broader strategy to address economic challenges and improve the efficiency of government operations amid ongoing public scrutiny regarding fiscal management.
This information was disclosed by Bayo Onanuga, the Special Adviser to the President on Information and Strategy, during an insightful interview on ARISE TV. Onanuga highlighted the administration’s commitment to fiscal responsibility, stating that despite the addition of seven new ministers, the Tinubu government is resolute in its efforts to find effective ways to significantly cut down the overall cost of governance in Nigeria.
Onanuga indicated that Nigerians can expect to hear the official announcement regarding Tinubu’s efforts to ensure a reduction in governance costs later today. He stated, “By tomorrow, the President will actually be announcing some cutting down in government expenses, starting from the ministers. Tomorrow, I don’t want to pre-empt it, but we have a statement ready that will illustrate our commitment, and I can assure you it will be a drastic measure to show the government is genuinely serious about reducing the cost of governance.”
Furthermore, the Presidential Adviser emphasized the importance of competent leadership in effectively addressing Nigeria's pressing issues. He explained, “The government understands the importance of having many hands, many competent hands, to really help drive the agenda of government. It’s not about the sheer size of the government; it’s about how we can operate efficiently and effectively. As I mentioned earlier, starting tomorrow, you will hear some key announcements about what the government is doing to make sure that we are reducing the costs associated with running the government.”
This forthcoming announcement reflects Tinubu's administration's proactive approach to governance and its commitment to addressing the concerns of the Nigerian populace regarding financial management and accountability. The administration is keenly aware of the challenges faced by citizens and aims to demonstrate its resolve in creating a more sustainable and efficient governmental framework.