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Cost of Governance and Its Implications on Nigerias

By Okechukwu Eme  et al

Summary

In an effort to prune the rising cost of governance in Nigeria, President Goodluck Jonathan in
August, 2011, set up a Presidential Committee on Rationalization and Restructuring of Federal
Government's Parastatals, Commissions and Agencies. The committee, which was headed by
former Head of Service of the Federation, Stephen Orosanye, recently submitted its report, which
contained far reaching recommendations - some of which have thrown government employees into
some sort of quandary and apprehension. In the report, the committee reviewed the extant laws in
sync with its mandate and submitted inter alia: "The average cost of governance in Nigeria is
believed to rank among the highest in the world…If the cost of governance must be brought down,
all arms of government must make spirited efforts at reducing their running cost." Out of the
present structure of 263 statutory agencies, the panel recommended a reduction to 161, with
additional proposals that: 38 agencies be abolished; 52 be merged and 14 others be reverted to
departments in various ministries. The agencies and parastatals employ varying numbers of
workers estimated at 30,000 nationwide. However, since most of these institutions are creations of
the law, it remains to be seen how the National Assembly will acquiesce to these proposals.
Judging from the welter of public opinion as expressed in the mass media and in other outlets, the
Orosanye's Report has attracted far more opponents than those who support it. When the Adoke
Review Committee set up to look into the recommendations of the Presidential Panel finally
submits its report, the government must exercise utmost caution and discretion in the choices of:
what to implement now; what to discard and what belong to the future. In making these choices, it
must also consider the contending interests of all stakeholders; the asphyxiating economic environment of the
Nigerian worker and how the chosen items will accentuate the realization of the objectives of the government's
Transformation Agenda. The objective of this paper is to explore the implications of high cost governance on
the socio-economic sectors of the Nigeria economy.
Cost of Governance and Its Implications on Nigerias
 
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About the Authors

Okechukwu Eme
Okeke, Martin Ifeanyi

Okeke, Martin Ifeanyi

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