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Nigeria losing over N862bn annually to proliferation of over 900 MDAs, says Oye

CHAIRMAN of the Alliance for Economic Research and Ethics (AERE), Dele Oye, has decried the rising cost of governance, warning that the existence of more than 900 Ministries, Departments and Agencies (MDAs) is costing the country over N862 billion, The post Nigeria losing over N862bn…

July 20, 2026 Nigeria

CHAIRMAN of the Alliance for Economic Research and Ethics (AERE), Dele Oye, has decried the rising cost of governance, warning that the existence of more than 900 Ministries, Departments and Agencies (MDAs) is costing the country over N862 billion, The post Nigeria losing over N862bn…

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