23.1 C
Sunday, December 10, 2023

Finance ministry urges MDAs to cut cost

Must read

The Permanent Secretary, Special Duties, Federal Ministry of Finance, Mr. Okokon Udo, has stressed the need for cost-cutting in governance.

This was according to a press statement by the Ministry’s Director, Press & Public Relations, Stephen Kilebi, on Wednesday.

The statement read in part, “The Permanent Secretary Special Duties, Federal Ministry of Finance, Mr. Okokon Udo, said government at all levels is faced with the challenge of lean economic resources, whereas the needs of the citizenry are on the increase, hence the need for the establishment of the efficiency unit by the Federal Government to reduce wastages, block leakages, and cut costs in all Ministries, Departments, and Agencies.”

According to the statement, Udo said this during a study tour to the Federal Ministry of Finance, Abuja, by a delegation from the Ministry of Finance, Nasarawa State, led by Dr. Agot James.

The statement also noted that Udo said that a purpose-driven economy must harness all economic building tools to achieve its aim.

It was also noted that the Federal Government established the Efficiency Unit at the federal level, which will harness all that the government has and prudently manage it to have a robust economy.

He further urged government officers at all levels to imbibe the culture of efficiency by spending government resources in a more productive manner.

More articles


Please enter your comment!
Please enter your name here

Latest article