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Lean Management Services

THE NEED TO REDUCE GOVERNMENT WASTES AND ACHIEVING A MORE EFFICIENT PUBLIC SECTOR WITH LEAN MANAGEMENT PRINCIPLES IN NIGERIA

Presently,Nigeria needs an urgenteconomy recovery from the ills of coronavirus and declining oil price remains abysmally slow, with declining real incomes that have negative implications on the national growth, price and exchange rate stability as well as employment. In other words, worsening oil prices and a falling exchange rate will create a further fiscal crisis, imports will become more expensive and inflation pressures will rise, productive sector wobble, unemployment and poverty will worsen and external reserves further depleted. Therefore, there is urgent need to apply lean management principle in order to re-organise our priorities, at both the executive and parliamentary arms of governance. The wastages in the executive arm in terms of overlapping of jurisdictions of activities in governance must be urgently eliminated or reduced and remunerations for unnecessary activities removed. On the parliamentary side, the costs of maintaining this arm of governance is out of tune with the current realities and need to be reduced drastically.
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