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President Bola Tinubu is set to announce a reduction in government expenses following a cabinet reshuffle. According to Presidential Adviser Bayo Onanuga, despite appointing new ministers, the administration remains committed to cutting costs and streamlining governance. The announcement is expected to outline measures for significant spending reductions.

President Bola Tinubu is set to announce significant cuts to government expenses following a recent cabinet reshuffle. This was revealed by Bayo Onanuga, the President’s Special Adviser on Information and Strategy, during an interview on ARISE TV.

Despite appointing seven new ministers, Tinubu’s administration remains focused on reducing the cost of governance. Onanuga hinted that a formal announcement would be made soon, signaling the government's commitment to financial prudence.

He emphasized that while governance requires many competent hands to address the nation's challenges, steps are being taken to streamline government spending, starting with reductions in ministerial costs.