Breach of Monetisation Policy Rampant Across Nigerian Government

The monetisation policy, introduced during President Olusegun Obasanjo's administration to reduce government costs and prevent the misuse of public resources, has been extensively breached across various federal government organs. The policy aimed to monetise allowances like transport, medical, and entertainment for officials based on their annual basic remuneration.

However, there has been widespread non-compliance, with public officials enjoying benefits beyond the policy's scope, including discounted sales of government assets and mass disengagement of drivers. This breach extends to fringe benefits for federal civil servants and political office holders, leading to significant financial implications and undermining the policy's original objectives.