FG cuts costs, bans souvenirs, conference bags, others, at workshops

FG cuts costs, bans souvenirs, conference bags, others, at workshops

The federal government at the weekend ordered ban on procurement and distribution of conference bags, T-shirts and other souvenirs at events of the Federal Ministries, and Departments and Agencies (MDAs).

Read also: What Happens Daily in banks, Private Sector, MDAs, is ruining the economy -Prof. Odekunle

In a statement the Federal Ministry of Finance released, which its Director Information, Salsiu Na’Inna Dambatta signed, the FG said the new measure is to avoid waste of money and channel financial resources to productive sector.

The statement reads in part: “the directive is a recognition of the fact that in a period of lean financial resources in the face of huge national infrastructural deficit, wasteful and unnecessary expenditure on overheads such as on souvenirs and conference bags were luxuries that the government must eliminate to release funds for infrastructure and services such as health and education that would have direct positive impact on the wellbeing of the citizenry and promote economic development.”

It said the directive is part of the government’s austerity drive to cut down on unnecessary expenditure and make the most of available resources.

The statement said further, “unnecessary publications and books of short shelf life which have no real value to the concerned public institutions or the citizens is banned. The need for the citizenry and other interested parties to be aware of the initiatives, activities and programmes being implemented by the government, the MDAs were directed to save costs by uploading such publications on their websites which have the added benefit of wider visibility, and print only limited number of hard copies of such publications.”


Related Articles

DON’T GRANT LOANS TO NORTHERN GOVS, SENATOR SANI WARNS ISLAMIC BANK

The Chairman, Senate Committee on Foreign and Domestic Debt, Senator Shehu Sani, has warned Islamic Development Bank against approving the

EFCC re-arraigns ex-gov. Orji Uzor Kalu, others for laundering N6.7bn

The Economic and Financial Crimes Commission (EFCC), today (Monday) re-arraigned former Abia State Governor, Dr. Orji Uzor Kalu, before a

Security Detail shoots at LG boss, Says he acted under demonic influence

The chairman of Ndokwa East Local Government Area of Delta State, Mrs. Nkechi Chukwurah, cheated death after she survived several


x

Related Posts

juju legend Ebenezer Obey recalls problems he faced when he became an evangelist
Juju Music legend Ebenezer Obey has recalled the problems he faced during the period he dumped secular music for evangelism. Read also: Ebenez...
Lagos Doctor who committed suicide was an SS, had convulsion - Report
A fresh insight into why Allwell Orji, a 35-year-old medical doctor with Mount Sinai Hospital, Lagos committed suicide by jumping into the lagoon...
It is an offence to attempt suicide, CPS tells Lagos textile dealer saved from killing herself
The Lagos State police commissioner, Fatai Owoseni, has stated that suicide attempt or committing suicide is an offence punishable under the law....
powered by RelatedPosts