Federal Govt to set up efficiency unit for effective management of Nigeria’s economy

President Buhari give nod for  establishment of Efficiency Unit (E-UNIT) in the Federal Ministry of Finance, for effective management of Nigeria’s economy and reduce cost of governance..

According to the Minister of Finance, Kemi Adeosun, the Efficiency Unit will undertake programmed reviews of all government overhead expenditure with a view to reducing wastage, promoting efficiency and ensuring quantifiable savings for the country.

The Efficiency Unit will work across all MDAs to identify and eliminate wasteful spending, duplication and other inefficiencies; identify best practices in procurement and financial management and share such knowledge to ensure its adoption.

Findings of the Efficiency Unit will be formally communicated accordingly and will be enforced through establishment of expenditure guidelines, undertaking follow-up reviews, spot checks and other measures that will ultimately checkmate wastages across all areas of federal government expenditure,” she said

 

Author: nmmin

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