• About
  • Advertise
  • Careers
  • Contact
Friday, April 3, 2026
  • Login
No Result
View All Result
NEWSLETTER
Reporters At Large
  • Home
  • News
    • World
    • For The Record
    • Metro
    • Opinion
    • Press Releases
  • Business
    • Auto Trend
  • Politics
  • Tourism
  • Lifestyle
    • People & Events
    • Health
  • RAL TV
    • Video
    • Video News
  • More
    • Advertisement
    • Privacy
    • Disclaimer
    • Contact Us
  • Home
  • News
    • World
    • For The Record
    • Metro
    • Opinion
    • Press Releases
  • Business
    • Auto Trend
  • Politics
  • Tourism
  • Lifestyle
    • People & Events
    • Health
  • RAL TV
    • Video
    • Video News
  • More
    • Advertisement
    • Privacy
    • Disclaimer
    • Contact Us
No Result
View All Result
Reporters At Large
No Result
View All Result
Home Featured

Dwindling Revenue: FG Plans To Reduce Workforce

by ReportersAtLarge
January 5, 2022
in Featured, News
Reading Time: 2 mins read
0
Minister of Finance, Mrs Zainab Ahmed on World Bank Loan

Minister of Finance, Mrs Zainab Ahmed

Share on WhatsappShare on FacebookShare on TwitterShare on Linkedin

The Federal Government has put in place measures to reduce its workforce in order to grapple with its present dwindling revenue profile and provide efficient infrastructure to jump-start the economy on a strong footing.

Already, the government is designing what it calls an exit package for the workers that will be affected by the impending purge.

Minister of Finance, Budget and National Planning, Mrs Zainab Shamsuna Ahmed, who disclosed this at the public presentation and breakdown of the highlights of the 2022 Appropriation Act, on Wednesday, in Abuja noted that reducing the size of government has become imperative given the huge amount the government spends on recurrent expenditure annually.

This implies that some staff of the Federal Government will lose their jobs when government merges their agencies with others.

However, the government’s mode of reducing the workforce, she pointed out will not entirely be in line with the Stephen Oronsaye report but based on a committee recommendation.

RelatedPosts

Nigeria Political Defection: Law, Power And Convenience

Oyo State Tree Planting Drive To Get Legislative Boost

Jos Palm Sunday Attack: Death Toll Rises To 28

According to the Finance Minister, the government is already working on an “exit package” to be paid to those that will be affected.

Mrs Ahmed said: “there is a special committee led by the Secretary to the Government of the Federation (SGF) that is working on the review of agencies with the view to collapsing them partly using the Oransanye report.

“At the end of it, what we want to do is to reduce the size of government and also to reduce the size of personnel cost and part of it will be designing the exit packages that are realistic.”

While advancing the reason for the planned merger of agencies, the finance minister said: “We are revenue challenged; so everything we do we can’t put an exit package if you are not willing to cash it immediately. So, when you are asking people to exit by choice you must be able to give them that package as they are exiting.”

Mrs Ahmed averred that “there are so many things that are happening; these are not easy decisions to make because they affect people and families. So, you have to make sure that whatever we commit to we are going to deliver on it.”

Tags: BREAKING NEWSCivil ServantsFederal Government of Nigeria
SendShareTweetShare
ReportersAtLarge

ReportersAtLarge

Reporters At Large is the world’s fastest-growing online news platform and public service broadcaster. We’re impartial and independent, and every day we create distinctive, world-class programmes and content which inform, educate and entertain millions of people in Nigeria and around the world.

More

Nigerian Senate Plenary Session
Opinion

Nigeria Political Defection: Law, Power And Convenience

by ReportersAtLarge
April 2, 2026
0

The culture of Nigeria political defection is increasingly testing the nation’s constitutional order and democratic ethics. As politicians shift platforms...

Read moreDetails
Dr Ademola Aderinto speaking at GEOSON
News

Oyo State Tree Planting Drive To Get Legislative Boost

by ReportersAtLarge
April 1, 2026
0

The Oyo State tree planting drive is set for a legislative boost to ensure long-term biodiversity restoration. Commissioner Dr Ademola...

Read moreDetails
Security personnel patrolling Jos North following the Jos Palm Sunday attack.
Metro

Jos Palm Sunday Attack: Death Toll Rises To 28

by ReportersAtLarge
March 30, 2026
0

The death toll from the Jos Palm Sunday attack has risen to 28 as more bodies are recovered. Governor Caleb...

Read moreDetails
Load More

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recommended

King Sunny Ade

King Sunny Ade’s Guitar Sells For N52.1M At Landmark Concert

9 years ago
Dayo Kujore

BREAKING: Popular Nigerian Juju Music Maestro, Dayo Kujore Is Dead

4 years ago

Popular News

  • Nigerian Senate Plenary Session

    Nigeria Political Defection: Law, Power And Convenience

    0 shares
    Share 0 Tweet 0
  • Adebo Ogundoyin Gets Royal Backing For Oyo 2027 Governorship Race

    0 shares
    Share 0 Tweet 0
  • Nigeria Agricultural Development: Senator Alli Seeks EU Ties

    0 shares
    Share 0 Tweet 0
  • Oyebanji’s Ekiti Governance Model Sets National Standard, Says NOA Boss

    0 shares
    Share 0 Tweet 0
  • Oyo State Tree Planting Drive To Get Legislative Boost

    0 shares
    Share 0 Tweet 0

Connect with us

ADVERTISEMENT

About Us

Reporters At Large is the world’s fastest-growing online news platform and public service broadcaster. We’re impartial and independent, and every day we create distinctive, world-class programmes and content which inform, educate and entertain millions of people in Nigeria and around the world.

With a high level of professionalism, fairness, objectivity, accuracy and speed, we publish Breaking News Nigeria Today Headlines and International news on Politics, Tourism and Travel, Entertainment, Sports, Business Lifestyle and Sports.

Category

  • Auto Trend
  • Breaking Bones
  • Business
  • Columns
  • Entertainment
  • Featured
  • For The Record
  • Health
  • Innovation
  • Lifestyle
  • Metro
  • News
  • Opinion
  • People & Events
  • Politics
  • Press Releases
  • Science & Technology
  • Sponsored
  • Sport
  • Tourism & Culture
  • Video
  • Video News
  • WorldNews

Recent Posts

  • Nigeria Political Defection: Law, Power And Convenience April 2, 2026
  • Adebo Ogundoyin Gets Royal Backing For Oyo 2027 Governorship Race April 2, 2026
  • Nigeria Agricultural Development: Senator Alli Seeks EU Ties April 2, 2026
  • Oyebanji’s Ekiti Governance Model Sets National Standard, Says NOA Boss April 2, 2026
  • Oyo State Tree Planting Drive To Get Legislative Boost April 1, 2026
January 2022
SMTWTFS
 1
2345678
9101112131415
16171819202122
23242526272829
3031 
« Dec   Feb »
  • Home
  • News
  • Business
  • Politics
  • Tourism
  • Lifestyle
  • RAL TV
  • More

© 2016-2024 RAL - Guided by professionalism

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • News
    • World
    • For The Record
    • Metro
    • Opinion
    • Press Releases
  • Business
    • Auto Trend
  • Politics
  • Tourism
  • Lifestyle
    • People & Events
    • Health
  • RAL TV
    • Video
    • Video News
  • More
    • Advertisement
    • Privacy
    • Disclaimer
    • Contact Us

© 2016-2024 RAL - Guided by professionalism

Verified by MonsterInsights