The Federal Executive Council (FEC) has approved the full implementation of the Stephen Oronsaye Panel report to merge some parastatals, agencies, and some commissions, while others will be subsumed, scrapped or relocated.

The decision was made at the Federal Executive Council meeting chaired by President Bola Tinubu on Monday.

This, according to the Special Adviser to the President on Policy Coordination, Hadiza Bala Usman, is in line with the need to reduce cost of governance and streamline efficiency across the governance value chain

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