The House of Representatives on Thursday revealed that loans taken out to pay duplicative government entities were the cause of Nigeria’s high debt profile.
The Green Chamber argued that it would no longer support the practice since it was ineffective.
Victor Danzaria, the chairman of the House Adhoc committee created to examine the duplication of government institutions, brought up the issue during a meeting of the panel with Mrs. Cecilia Gayya, the director-general of the Administrative State College of Nigeria (ASCON).
Oluwabunmi Amao, the director general of the Centre for Black and African Arts and Civilization, and the Public Service Institute of Nigeria (PSIN) were also present at the meeting.
Danzaria claimed that the country had spent a lot of money on organizations that performed similar tasks.
He said: “Counter productivity of established agencies is a fact that a lot of agencies led to a lot of loans we always approve as a National Assembly to maintain the…
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