The Nigeria Employers’ Consultative Association (NECA) has commended the Federal Government for approving the implementation of the long-overdue Oronsanye Report.
Director-General of NECA, Mr Timothy Olawale, who gave the commendation in a statement on Saturday, May 2; in Lagos, also said the report was submitted to President Goodluck Jonathan on April 16, 2012.
The Steve Oronsanye Report recommended the abolishment as well as merging of 102 government agencies and parastatals.
Olawale further said the implementation of the report was fundamental to the institutionalisation of operational efficiency; and reduction of government expenditure in the long term.
“It is worrisome that with over two hundred and fifty Institutions, Parastatals and Agencies of Government; the average cost of governance in Nigeria remains among the highest globally,” he said.
The NECA DG called on the government to ensure that all efforts must be made to see to a logical conclusion of the implementation of the Oronsanye report.
Olawale said that for the cost of governance to be reduced and also ensure fiscal discipline; the government must go beyond the implementation of the Oronsanye report.
He said that there was also a need to deliberately reduce other leakages arising from the over-bloated retinue of aids of political officers; and expenditure profile with no direct national development impact.
“Also, the government should fast-track the deregulation of the downstream oil sector; and rechart the course for the rapid diversification of the economy.
“Herein lays our path to the national economic and social renaissance,” he said.
Meanwhile, the Federal Government (FG) on Friday, May 1; said it is evolving an action plan to sustain the economy beyond the fight against COVID-19 pandemic.
Dr Chris Ngige, the Minister of Labour and Employment; said this in commemoration of the 2020 Workers Day celebration with the theme: ‘COVID-19 Pandemic and Its Socio-Economic Impact on the Nigerian Working Class’.
According to Ngige, it is a well-known fact that arising from COVID-19 crisis; businesses in both the private and public sectors have suffered.
“Sustainability of the enterprise has become a subject of concern. The worries precipitated by the COVID-19 crisis are further compounded by worries of maintaining a source of livelihood.
“In this regard, the FG and Social Partners would have a look at the four-pillar plan of policy responses to COVID-19 crisis laid out by the International Labour Organisation (ILO) which are intended to be human-centred and built on global solidarity.