An analysis of government budget data collected from the breakdown of funds allocated for international travel in the 2024 budget by 103 Ministries, Departments, and Agencies (MDAs) reveals an estimated savings of over N5 billion every quarter for the Federal Government.
President Bola Ahmed Tinubu has recently raised concerns about the escalating costs of international travel incurred by directors, permanent secretaries, and federal civil service workers. Consequently, he issued a directive through a letter dated March 12, 2024, signed by the Chief of Staff to the President, Femi Gbajabiamila, and directed to the Secretary to the Government of the Federation, George Akume.
Effective from April 1, 2024, the directive aims to curtail costs in governance. “Considering the current economic challenges and the need for responsible fiscal management, I am writing to communicate Mr. President’s directive to place a temporary ban on all publicly funded international trips for all Federal Government officials at all levels, for an initial period of three months starting from 1st April 2024,” the document stated.
It further elaborated, “This temporary measure is aimed at cost reduction in governance and intended as a cost-saving measure without compromising government functions.”
According to the directive, government officials requiring public-funded foreign trips must obtain presidential consent at least two weeks before departure, deeming it absolutely necessary.
The decision follows public criticism directed at the Accountant General of the Federation, state finance commissioners, and other government officials for organizing a workshop in the United Kingdom amid economic challenges.
An analysis of notable MDAs regarding travel expenditure indicates potential savings. For instance, the State House (Presidency) could save about N1.74 billion in three months, while the Vice President’s office may save N307.3 million. Similarly, the Ministry of Petroleum Resources and other agencies stand to realize substantial savings.
Additionally, President Tinubu has introduced various initiatives to reduce governance costs. Notably, there will be a 60% reduction in official entourage for local and international travels. This measure aims to streamline travel expenses and enhance fiscal responsibility.
Furthermore, the President has authorized stringent cost-cutting measures for international trips. Only a limited number of individuals, not exceeding 20, will travel with him, while the entourage for the First Lady and the Vice President will be further restricted to five individuals each. These initiatives underscore the administration’s commitment to prudent financial management and accountability.
