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KEHINDE AKINTOLA
Lai Mohammed, Minister of Information and Culture on Thursday
applauded the coordinated efforts of various organs of government
toward achieving the economic reforms ease of doing business in the
country.
In 2018, Nigeria recorded unprecedented progress in the ranking of the
World Bank as one of the 10 countries that made the most daring
reforms to attract investors.
According to World Bank rating, Nigeria moved 24 places on the Ease of
Doing Business to 145th position from 169th in 2017.
The Minister disclosed this during the 2019 budget defence held at the
instance of the House of Representatives Committee on Information and
National Orientation in Abuja.
Mohammed said that his Ministry’s campaign efforts in the past year
contributed to the success story of the country today.
The Minister spoke on the achievements and plans of the Ministry to
promote the achievements and policies of government.
He said that exclusive campaign and enlightenment have so far been
carried out which resulted in the country’s ranking in ease of doing
business.
The minister further explained that the current administration had
ensured more development across the country.
Mohammed, speaking on the budget, he said that the Ministry’s budget
stands at N3.40 billion of which personnel cost broken down into
salaries, consolidated payments, overtime payment allowances and
contributions.
“Salaries and wages is estimated at N2.89 billion of which overtime
payment is made up of consolidated salary for personnel,” he said.
For the overhead cost, the Minister said: “we are proposing N880.51 million.
“The capital related to our information sector is N1.4 billion and
capital which is common to both information and culture is N438.36
million making a total of N1.84 billion.
“The total proposed budget for the information sector is N6.13 billion
for both capital and personnel,” he said.
The committee commended the Ministry for due diligence in the
remittance of internally generated revenue into the federation
account.
The lawmakers urged the government to address the challenge of finance
and obsolete infrastructure facing the ministry.
In his remarks, Olusegun Odebunmi, Chairman of the Committee,
underscored the need for the Ministry to intensify efforts in
addressing various challenges facing the country.
BADEJO ADEMUYIWA has 23 years experience as a Finance Writer, specialising in Insurance and Investigative Reporting.
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