Oronsaye Report

The effort of the Federal Government over the years to fast-track its developmental plans and programmes devoid of bureaucratic bottlenecks informed the establishment of most of the existing Parastatals, Commissions and Agencies. Over time, with the increase in the number of parastatals their functions became overlapping and, in some cases, duplicated,
thereby increasing the cost of Governance. To check this, particularly in the context of the global economic downturn, the President, Dr. Goodluck Ebele Jonathan, GCFR, constituted a seven-man Committee on the Restructuring and Rationalization of Federal Government Parastatals, Commissions and Agencies on Thursday, 18th August, 2011. Continue reading…