FG targets regulatory bottlenecks, sets measurable targets for MDAs

The Federal Government of Nigeria has announced plans to eliminate overlapping regulatory fees and bureaucratic procedures across Ministries, Departments and Agencies (MDAs), in an effort to reduce the cost of doing business and attract investment. This initiative, which aims to improve service delivery, eliminate unnecessary administrative requirements, and demonstrate greater accountability in operations, was announced following a strategic engagement between the Minister of Finance and Coordinating Minister of the Economy, Taiwo Oyedele, and heads of government agencies.

The government plans to introduce measurable performance targets for MDAs, requiring agencies to operate strictly within their statutory mandates, coordinate their activities, and avoid creating additional obstacles through administrative inefficiencies.

Brief written by urgent.news from Punch Nigeria's own syndicated text. Machine-written — may contain errors; check the original before relying on it.