According
to news report, the Federal Government is planning to use some properties seized
from looters as offices in a bid to reduce the high rent they pay for office
buildings by government agencies. Minister of Finance, Kemi Adeosun, disclosed
this yesterday June 10th at the opening of a meeting with members of the
National Steering Committee of the Efficiency Unit.
The
Federal Government since May 29, 2015 have seized over 350 buildings through
the Independent Corrupt Practices and Other Related Offenses Commission, ICPC,
and the Eonomic and Financial Crimes Commission, EFCC.
“The
average annual expenditure on rent for the three year period 2012 to 2014 was
N3.55bn. The issuance of price guidelines and initiatives for reducing
expenditure on rent on office and residential buildings will be the primary
focus in the coming months. 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.”
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