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    Home»Featured

    Anxiety Over Planned Dissolution Of FG’s agencies, Board, Others Amidst Cash Crush

    adminBy adminJune 18, 2023 Featured No Comments2 Mins Read
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    Anxiety has enveloped members of various management and boards of federal agencies and parastatals over reports that President Bola Tinubu has given a directive to the the Secretary to the Government of the Federation, George Akume to dissolve them .

    PLATFORM TIMES gathered that
    senior government officials hinted that the dissolution would be announced soon, as expected.

    The senior government officials repoetedly said the dissolution would cut across all the ministries, departments and agencies and affect all political appointments by former president Muhammadu Buhari administration.

    A source said the development became necessary following the indefinite suspension of AbdulRasheed Bawa as the chairman of the Economic and Financial Crimes Commission (EFCC) to allow for proper investigation into his conduct while in office and the suspension of former Governor of Central Bank ,Godwin Emefiele.

    Meanwhile,civil servants across ministries, departments and agencies have lamented the effects of the freezing order on their accounts by the Central Bank of Nigeria as ordered by past government.

    The workers claimed that action has led to the slow pace of activities and other schedules in the discharge of their responsibilities due to the non-availability of fund following

    Senior government and low cadre officers that the non-availability of funds was hampering the operation and expectation of the workers.

    It was reported that the federal government had placed embargo on further payments to the MDAs of the federal government till further notice.

    Officials, however, told our reporter that it was the administration of the immediate past.president Buhari that gave the order days before he handed over to President Bola Ahmed Tinubu to prevent the looting of government treasury or other untoward last minute and frivolous spending.

    “I can tell you that it was the administration of former President Buhari that actually gave the directive to the CBN, and this has nothing to do with the suspended governor of the apex bank, Godwin Emefiele,” a senior government official, who pleaded anonymity, said.

    Reports have it that apart from the payment of salaries to federal workers, which is being done directly from the Office of the Accountant-General of the Federation, every other payment or financial mandates cannot be honoured due to the embargo.

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