Earlier in the year, the federal Government set up the Efficiency Unit in the Federal Ministry of Finance as part of its plans to reduce both overhead and other costs and wastages. Towards this end, government recently banned the procurement and distribution of conference...

...Insists contracts, projects should only be advertised in national dailies, tenders board The federal government has said it would henceforth sanction any chief executive or director general heading government departments, agencies or parastatals over the abuse of the Public Procurement Act 2007. This was made known...

In continuation of the on-going cost-cutting and efficiency drive in the utilization of public funds by the present administration, the Federal Government has banned the procurement and distribution of conference bags, T-shirts and other souvenirs at events and activities such as Conferences, Workshops and...

Efforts are under way to ensure that the Federal Government leaves no part of the country out of the planned expenditure of N6.5 trillion on infrastructural development in the country. The government wants equity in the distribution of the funds to all zones and...

Organisations in the public and private sectors spend an average of $2 billion (about N598 billion) to import Information Technology hardware into the country annually, the National Information Technology Development Agency (NITDA) has said. Acting Director General of NITDA, Dr. Vincent Olatunji, disclosed this...

The Minister of Finance, Mrs Kemi Adeosun said the Federal Government plans to relocate some of its Ministries, Agencies and Departments (MDA) into some recovered looted properties. Adeosun dropped the hint in Abuja while briefing newsmen after the Steering Committee of the Efficiency Unit meeting. Economic...