From Hadi Bawa In a landmark session at the Federal Executive Council meeting, President Bola Ahmed Tinubu's administration ...
From Hadi Bawa
In a landmark session at the Federal Executive Council meeting, President Bola Ahmed Tinubu's administration unveiled a series of transformative decisions poised to reshape Nigeria's governance landscape and uplift its citizens. From infrastructural developments to social welfare initiatives, the decisions made on Monday, February 26, 2024, mark a significant step towards a more efficient and inclusive government.
First on the agenda was the approval of the construction of the Lagos-Port Harcourt-Calabar Coastal Superhighway, a vital artery for economic growth and connectivity. This ambitious project, entrusted to Messrs Hitech Construction Africa, commences with a 47-kilometer stretch in Lagos, promising to bolster trade and transportation across the region.
In a move aimed at bolstering social security, the Federal Executive Council announced immediate payments to vulnerable households, targeting those with National Identification Numbers (NIN) and Bank Verification Numbers (BVN). This proactive measure signifies the government's commitment to safeguarding the welfare of its most marginalized citizens.
Furthermore, recognizing the importance of education in socioeconomic empowerment, social security benefits are set to extend to graduates from the Nigerian Certificate in Education (NCE) level and beyond. This expansion ensures that a broader spectrum of society receives the necessary support to thrive in an ever-changing landscape.
In tandem with these welfare enhancements, the Council unveiled plans for the establishment of Consumer Credit, a financial lifeline for individuals seeking economic empowerment. Led by a dedicated committee comprising key ministers and advisors, this initiative underscores the government's proactive stance towards financial inclusion and economic empowerment.
Beyond social welfare, the Tinubu administration boldly addresses the issue of bloated governance and inefficiency by embracing the recommendations of the Steve Oronsaye panel. This long-overdue restructuring aims to streamline federal agencies, parastatals, and commissions, reducing redundancy and enhancing operational efficiency.
With an eight-man committee tasked with overseeing the implementation process, including legislative amendments and administrative restructuring, the government demonstrates its commitment to swift and effective action. These reforms, spanning various sectors, are poised to optimize resources and ensure that government function
Among the key recommendations slated for implementation are the merger of various agencies with similar functions, such as the consolidation of the National Salaries, Income, and Wages Commission under the Revenue Mobilization and Fiscal Commission. Such strategic mergers promise to eliminate duplication and streamline operations, ultimately leading to cost savings and improved service delivery.
As the Tinubu administration charts a course towards a leaner, more responsive government, these reforms signal a new era of governance in Nigeria. By embracing innovation, efficiency, and inclusivity, the government sets the stage for sustainable development and shared prosperity for all citizens.
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