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"For doing less (3-days office work), the workers will be paid less" - Rochas states as more details surrounding the new Imo Formula emerges

In response to the challenges facing the three tiers of Government, Gov Rochas Okorocha of Imo State has announced plans to cut down the number of working days per week. The governor said it had become imperative to find an unorthodox means of confronting the huge problem as all other means have failed to restore health to the state’s ailing economy.

Almost all the 36 states of the federation have been hard hit by the nation’s dwindling economic fortunes. Twenty- seven of the states are practically insolvent, unable to meet their basic responsibilities – to workers, institutions and the people. Twice, the Federal Government has had to give bailouts to enable states pay their workers’ salaries and streamline their finances. This has driven home the point made by economists that relying on a wasting asset like oil for more than 80% of our foreign exchange earnings is dangerous to the nation’s economy. Yet, successive governments at all levels have consistently paid lip service to diversification of the sources of income.



This post first appeared on VibesngistsBLOG, please read the originial post: here

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"For doing less (3-days office work), the workers will be paid less" - Rochas states as more details surrounding the new Imo Formula emerges

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