Abstract

Tunde Felanin Makinwa

The Monetization Policy introduced to the Nigerian Public Service in 2003 became the major landmark and the most dramatic departure from the past administrative reforms in Nigeria since independence in 1960. It has laudable and lofty set goals for both the government and its primary audience, (Public Servants). However, lots of questions, misconception, criticisms and cynicism have trailed its implementation. The foregoing has spurred this study. The study aimed at examining the thrust of the policy, its impact on the stakeholders and public service delivery; and its attendant challenges. The study employed primary and secondary sources of data collection. The findings showed that the realities on the ground were mockmodesty, not so much worthwhile as contemplated nation-wide, and have taken its tolls on the system. It was suggested by the study that an urgent review in the implementation strategy of the policy should take place in line with what obtains in the private sector or in some extra-ordinary parastatals in Nigeria, since it has come to stay.