There are indications that the Federal Government will soon merge the Independent and Corrupt Practices Commission (ICPC) with the Economic and Financial Crimes Commission (EFCC) in a move to implement the Stephen Oronsaye-led Presidential Committee on Rationalisation and Restructuring of Federal Government Parastatals.
The committee had the mandate to look into over 220 parastatals in the country and recommend merger for those with overlapping functions.
We gathered that the committee’s report was tabled extensively at the Federal Executive Council (FEC) meeting yesterday and major decisions reached on the issue.
A review committee on the draft White Paper, chaired by President Goodluck Jonathan, approved that some agencies be either scrapped completely or merged with those performing similar functions.
Sources say that Bureau of Public Enterprises (BPE); Fiscal Responsibility Commission (FRC); Nigeria Export Promotion Council (NEPC); National Salaries, Incomes and Wages Commission (NSIWC); National Poverty Eradication programme (NAPEP); Utilities Charges Commission (UCC); the National Economic Intelligence Committee (NEIC) and the Public Complaints Commission (PCC) are some of the agencies that may be scrapped when the review committee would submit its findings.
Agencies and parastatals that may be retained include Bureau of Public Procurement (BPP); the Central Bank of Nigeria (CBN); Code of Conduct Tribunal (CCT); Infrastructure Concessionary & Regulatory Commission (ICRC); National Pension Commission (PENCOM); Ministry of Special Duties; National Sports Commission (NSC); National Institute for Sports (NIS); Nigeria Football Federation /Nigeria Football Association (NFA), whose enabling law is to be amended to reflect the directive by the Federation of International Football Association (FIFA) that the organization should be named a federation.