The Minister of Finance, Kemi Adeosun said the Federal Government plans to relocate some of its Ministries, Agencies and Departments (MDA) into some recovered looted properties.
Adeosun said this on Friday in Abuja while briefing newsmen after the Steering Committee of the Efficiency Unit meeting.
The country's anti-graft agencies had over the last year, seized billions of naira in cash and properties from alleged corrupt public officials.
The Nigerian Institution of Estate Surveyors and Valuers had been advocating for adequate utilisation of confiscated properties.
Adeosun said that the move to relocate the agencies was to reduce waste since these properties were empty and thereby save government from paying rent.
Adeosun said that the Efficiency unit had already recorded success in cutting government overhead cost in areas such as travels, welfare, honorarium, sitting allowance, training, adverts and publicity as well as refreshments.
Adeosun said she was working with the states to ensure that they all established Efficiency Unit since 47.32 per cent of revenue that accrued to the federation goes to the states and local governments.
She enjoined relevant stakeholders to collaborate with the unit to ensure it achievd its mandate of cutting cost and improving the efficiency of government.
President Buhari had set up the Efficiency Unit to review all Federal Government's overhead expenditure to reduce wastage, promote efficiency and ensure quantifiable savings for the country.
The Minister of Finance, Head of Service of the Federation, Accountant-General of the Federation, Auditor-General of the Federation and Director, Budget Office of the Federation are members of the committee.
Also, the committee members would work without fees as their contributions to making government more cost effective.