The Centre for Management Development (CMD) says Nigeria loses N4 billion monthly as a result of loose of productivity.
Speaking in Abuja on Tuesday, the Director-General of the Centre, Dr Kabir Usman, said the hours being lost had debilitating impact on the economic growth and development of the country.
“There is huge loss of productivity; more or less we are losing in the region of about N4 billion every month as a result of loose of productivity, because if you have a civil servant that is late by half an hour, when you look at that, it is almost one-eighth of the salary that is gone.
“It should be translated to the region of not least than N4 billion a month and for 12 months, you are talking about almost N50 billion lost in terms of man hours and productivity.These are sort of targets and the benchmarks we set for ourselves that we want to make sure that we provide relevant training so that we can make sure that the civil servants – federal and state – are much more productive than ever and that they are conscious of cost and they are more conscious about providing quality service.’’
Usman said it was the responsibility of the centre to challenge the attitude and mentality of Nigerians in consonance with the Change Agenda of the Federal Government.
He said that the centre had already produced a time table of accreditation and quality assurance of training institutions across the country.
“We have made it very clear that we are going to provide local content of 10 per cent of what we do abroad that means we are going to create so many jobs. So, collectively we are going to work together with the States, Federal Government and the private sector to ensure that we raise the capacity of Nigerian workers.’’
Usman, however, advised Nigerians to be disciplined and patriotic to uphold the Change Agenda of the present administration.
“It is not a matter for the president or ministers, it is a matter for all of us and this is the agenda we are planning to press forward in terms of our training project this year. A typical example is when you talk about power, you have lighting in your house; switch it off when you don’t need so that the amount of power saved can be provided somewhere.”