The undue proliferation of MDAs

The revelation by former President of the Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA), Dele Oye, that Nigeria now has over 900 Ministries, Departments and Agencies costing the nation more than N862 billion annually is most distressing. It is yet another reminder that government has become too large, too expensive and increasingly unsustainable. No country battling fiscal distress can afford the luxury of a bureaucracy that grows faster than its economy. What was originally conceived as machinery for effective public administration has gradually morphed into a sprawling network of overlapping entities that now consume enormous public resources while delivering diminishing value to citizens. This unchecked proliferation of government agencies has created a regulatory maze that discourages investment, undermines ease of doing business and weakens economic growth. The post The undue proliferation of MDAs appeared first on The Sun Nigeria .