The federal government may have concluded plans to relocate some of its offices to buildings seized from alleged looters.
This was disclosed by the Minister of Finance, Mrs Kemi Adeosun at a press briefing in Abuja on Friday.
According to the minister, the move will help the government reduce the money spent on rent.
“The issuance of price guidelines and initiatives for reducing expenditure on rent on office and residential buildings will be the primary focus areas of the efficiency unit in coming months,” Adeosun said.
“You may want to know that the average annual expenditure on rent for a three year period of 2012 to 2014 was N3.55 billion.
“And to achieve that, we are already looking at using properties that were forfeited from recoveries and moving some of our agencies to occupy those properties rather than paying rent.”
It would be recalled that the government had last weekend said it recovered a total of 183 buildings from past government officials.
Adeosun also added that the efficiency unit of her ministry had recorded success in cutting government overhead cost in areas such as travels, welfare, honorarium, sitting allowance, training, adverts and publicity as well as refreshments.
“Major savings are expected when on-going engagement with the Bureau of Public Procurement on the pooling of MDAs demands for standard products such as vehicles, computers, diesel and others,” she said.
“We plan to secure large discounts from suppliers and the issuance of Price Guidelines are developed and implemented.
“Price Guidelines will ensure uniformity in the price at which MDAs purchase items, as well as transparency and value for money in the procurement process’’, the minister said.
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