Business

FG may save over N5bn quarterly.

today03/22/2024 6

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The Federal Government may save an estimated amount of over N5bn every quarter from the new policy banning officials of Ministries, Departments and Agencies from embarking on public-funded foreign trips for three months, according to an analysis of government budget data.
The data was collated from the breakdown of funds earmarked for international travels in the 2024 budget by 103 MDAs.
President Bola Tinubu had raised concerns about the rising costs of international travels borne by director, permanent sectaries and workers of the federal civil service.
As result, the president in a letter dated March 12, 2024; signed by the Chief of Staff to the President, Femi Gbajabiamila; and addressed to the Secretary to the Government of the Federation, George Akume, banned government officials from embarking on public-funded trips overseas.

Written by: bossgmsi

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