Oronsaye report: Implementation and cost of governance

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CONTINUE FROM LAST WEEK

At another systemic level, the Oronsaye report fails to speak to what would be a most significant institutional and economic consequences of rationalization. Whether we are prepared to face it or not, institutional rationalization carries the burden of redundancy management that often comes with the pain of retrenchment and downsizing. Even if, for the sake of the politics,the Oronsaye Report is limited to targeting overhead cost and payroll saving to facilitate a no-job-loss-palliative. Yet, such an option cannot escape the cost of human-induced redundancies and attendant inefficiency in capacity utilization and associated productivity challenges. The…



Source: Nigerian Tribune

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