Federal Government has stated that it has directed the salaries committee to review payroll and also review the number of its agencies.
Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed, disclosed this in Abuja at the National Policy Dialogue on Corruption and Cost of Governance in Nigeria, organised by the Independent Corrupt Practices and Other Related Offences Commission (ICPC).
She said the government had also approved a N13.88trillion budget with a deficit of over N5.6trillion, noting that it had also projected revenue of N7.98trillion to fund part of the 2021 budget.
“We still see government expenditure increase to a terrain twice higher than our revenue. We need to work together, all agencies of the government to cut down our cost. We need to cut down unnecessary expenditures. Expenditures that we can do without.
“Our budgets are filled year in year out with projects that we see over and over again and also projects that are not necessary.
“Mr President has directed that the salaries committee that I chair, work together with the head of service and other members of the committee to review the government payrolls in terms of stepping down on cost.”
The minister said the government would also review the number of government agencies in terms of their mandates, saying agencies with the same mandate, the government will look at “how to merge the two.”