The
Minister of Finance, Kemi Adeosun, has said that the Federal Government plans
to relocate some of its Ministries, Agencies and Departments (MDA) into some
recovered looted properties.
Mrs. Adeosun said this on Friday in Abuja while briefing
journalists after the Steering Committee of the Efficiency Unit meeting.
The government says in the last one year it has seized billions
of naira in cash and properties from corrupt public officials.
The Nigerian Institution of Estate Surveyors and Valuers had
been advocating for adequate utilisation of confiscated properties.
Mrs. Adeosun said the move to relocate the agencies was to
reduce waste since the properties were empty.
“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.
“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,’’ she said.
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