A major re-organisation looms in key parastatals with some chief executives and staff of a number of state agencies expected to be laid off.
According to the presidential taskforce on parastatals, CEOs of state agencies to be merged shall move to the new Government Owned Entity (GOE) as heads of their directorates (former state agency). They will however be only allowed to serve for their unexpired term subject to a maximum period of six months. Thereafter, their contracts shall be determined.
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