Skip to main content

Oyo slashes salaries of political office holders by 50%

Governor Abiola Ajimobi of Oyo State

Governor Abiola Ajimobi of Oyo State

Oyo State Government has announced 50 percent reduction in the salaries of political office holders, their compensation, approval limits and government’s spending with immediate effect.

Alhaji Olalekan Alli, the Secretary to the State Government (SSG), disclosed this at a news conference held in Ibadan on Monday.

Alli said that the decision was taken at the State Executive Council meeting held on Friday, Nov. 4.

He said that it was a measure to shore up the dwindling revenue base of the state.

The SSG said that the state had been spending its monthly allocation from the federation account on payment of workers’ salary, which he said, stood at N5.2 billion.

Alli said that government had not reneged on its subsisting agreement with the labour unions to pay them 100 per cent of the monthly federal allocation to the state.

“The resources of government in the state dwindled as a result of the economic downturn.

“In July, the state’s monthly allocation was N4 billion, N3.8 billion in Aug., N3.5 billion in Sept. and N2.8 billion in Oct.

“Considering the dwindling allocation, the best is for state governments to look inward.

“This is why we are slashing the salaries of all political office holders,” he said.

He said that the Internally Generated Revenue (IGR) of the state was still between N1 billion to N1.5 billion.

Alli said that the state government had employed the restructuring and verification exercise in the state as a means of blocking the several loopholes that allowed for waste of resources.

He said that the ongoing Biometric Verification Number (BVN) exercise in the state had revealed some ghost workers drawing multiple salaries.

“We have discovered 500 people who did not come for the verification exercise to unravel their true identity,” he said.

Alli said that the state agriculture initiative continued with a target of two million in terms of job and food security.

He said that work had reached advance stage on the 10, 000 metric tons silos being constructed in the three senatorial districts of the state.

Labels:

Comments

Post a Comment

Popular posts from this blog

Court grants Fani-Kayode N50m bail

Fani-kayode sandwiched by EFCC officials Justice James Tsoho of the Federal High Court Abuja on Thursday granted a N50m bail to former spokesman of the Goodluck Jonathan Campaign Organisation, Chief Femi Fani-Kayode. Fani-Kayode was arraigned by the Economic and Financial Crimes Commission (EFCC) on a five-count charge of money laundering to the tune of N26m. Fani-Kayode is the sole defendant in the fresh charges numbered, FHC/ABJ/CR/140/2016. The EFCC accused the defendant of diverting 26 million Naira allegedly received from the ONSA while Sambo Dasuki was in office. The anti-graft agency also accused him of handling the said N26 million without going through financial institution as required under the Money Laundering Act. The embattled former minister is already facing 17-count charge of money laundering before the Lagos Division of the court, along with a former Finance Minister; Nenadi Usman, Danjuma Yusuf and a firm; Joint Trust Dimension Nigeria Limited. They were charg...
Post a Comment
Read more

Pope not involved in Colombian peace deal- Vatican

Pope Francis Pope Francis has turned down a request to play a role in the peace deal between the Colombian government and the Revolutionary Armed Forces of Colombia (FARC) rebel group. The Vatican in a statement issued on Wednesday in in Vatican City said that an invitation was sent to his Holiness in early August to appoint a representative to participate in the committee that selected the judges for the talks. The statement said that though Pope Francis supported the peace process, he, however, reiterated that he would not get involved in Colombian peace deal. It said that Pope was praying for the enlightenment of the hearts and minds of those who were called to promote the common good of the Colombian nation. A deal was announced last week, putting an end to five decades of internal conflict between government forces and the FARC rebels. The agreement, which needed to be ratified through a referendum in Oct. 2, would entail setting up a special court to grant amnesties or pu...
Post a Comment
Read more

Fall of Assad is a Blow to Russia's Prestige

The potential fall of Syrian President Bashar al-Assad, a long-standing ally of Russia, would mark a turning point in Moscow’s global influence, particularly in the Middle East. Steve Rosenberg’s analysis underscores the profound implications for Russia, which has invested heavily—both militarily and politically—in ensuring Assad’s survival over the past decade. This article delves into why Assad’s downfall would strike at the core of Russian prestige and what it could mean for the broader geopolitical landscape. Russia's Strategic Commitment to Syria Since the outbreak of the Syrian civil war in 2011, Russia has been a staunch supporter of Assad's regime. In 2015, Moscow launched a military intervention that proved decisive in stabilizing Assad’s hold on power. This intervention solidified Russia's role as a key power broker in the Middle East and demonstrated its willingness to project military power far beyond its borders. Syria is not just an ally for Russia; it is a...
Post a Comment
Read more