The federal Government has proposed a reduction of workers' Salaries as a way of reducing the high cost of governance in the country.
This was disclosed by the minister of finance, Zainab Ahmed, on Tuesday, May 4 at an event organised by the Independent Corrupt Practices and Other Related Offences Commission.
She said President Muhammadu Buharihas directed the National Salaries, Incomes and Wages Commission to review the salaries of civil servants as well as the number of federal agencies.
The Punch further reports that Ahmed urged all government agencies to come together to trim the cost amid the country’s dwindling revenue.
The Nigerian Tribune quoted the minister as saying:
“Mr. President has directed that the salaries committee that I chair, work together with the head of service and other members of the committee to review the government payrolls in terms of stepping down on cost.”
Recall that a Singaporean non-profit group, Chandler Good Government Index, CGGI Ranked Nigeria as the third-worst governed country in the world.
The report ranked Nigeria very low in governance, leadership, and foresight, scoring the country 102 out of 104 countries with a score of 0.319 points.
Meanwhile, as the Nigerian economy continues to decline, there was outrage recently in the country after American micro-blogging and social networking service, selected neighbouring Ghana as the headquarters for its operations in Africa.
The announcement by the company's CEO Jack Dorsey in a tweet on Monday, April 12 sent Nigeria into a frenzy with many citizens on social media accusing the government of scaring away foreign investors by stifling free speech.
