1) Labour rejects plans to slash salaries The Organised Labour has condemned and rejected the plan by the Federal Government to slash the salaries of workers in the country.Ayuba Waba, President of the Nigeria Labour Congress (NLC), disclosed this in a statement on Wednesday in Abuja.
President Muhammadu Buhari has Ordered the Minister of Finance, Mrs Zainab Ahmed, to Slash Salaries of Civil Servants in order to cut costs.This is because the revenue coming from the sales of crude oil is no longer coming as before.And it is good that civil servants get to know about this on time, so that they can be able to cut down on their expenses, and also brace up, for the worst in case such happens.
The downturn in economy which has seen many medium and large scale companies go extinct is about to take its toll on the civil service institutions in Nigeria.With a bloated cost of governance, the federal government, through the Minister of Finance, Zainab Ahmed, said it is contemplating reducing or cutting the salaries of workers in order to be able to fulfill its obligations to the nation.
FG May Slash Salaries To Reduce Governance Cost There are strong indications that the federal government may cut workers’ salaries as part of efforts to reduce the high cost of governance.The hint was dropped yesterday by the minister of finance, Zainab Ahmed, when she the government was working towards reducing the high cost of governance.
Following the recent report from Punch that the Federal Government of Nigeria has proposed a reduction on salaries of workers as a way of tackling the high cost of governance in the country, some Nigerians have come out to express concern in that regard.However, many of them are not happy with the new development which has sparked reactions from Nigerians on social media after the information went viral.
The Nigerian Army has received N1,008.84 trillion as budget releases between January 2019 and this year’s first quarter, Hajiya Zainab Ahmed,the honourable Finance, Budget and National Planning Minister informed the Senate on Tuesday.She disclosed this during her appearance before the Senator Mohammed Ali Ndume-led Senate Committee on Army following a complain by the Army that it is having a shortfall of N50billion in releases from her ministry as cited from the letter of the Chief of Defence Staff last week, to the committee.
The Minister of Finance, Budget and National Planning, Mrs. Zainab Ahmed revealed that the Federal Government borrowed $5.9 billion in 2020 to fight COvid-19 and also implement its budget.According to a statement issued by the Special Adviser on Media and Communications to the Honourable Minister, Mr. Yunusa Abdullahi, the federal government had to move very fast in other to save the country's economy from crumbling as a result of the Covid-19 pandemic.
Labour Reacts The Organised Labour has condemned and rejected the plan by the Federal Government to slash the salaries of workers in the country.The President of the Nigeria Labour Congress, Ayuba Wabba, who said this in a statement on Wednesday in Abuja, noted that the plan was tantamount to a “mass suicide” wish, for Nigerian workers.
Senator Shehu Sani has reacted over the news of the possible cutting of civil servants salaries.Recalled that some hours ago, the Minister of Finance, Budget and National Planning, Zainab Ahmed, announced that President Muhammadu Buhari has urged for a review of the payroll and number of agencies in the Ministry.
"Cut Senators And Reps Members Salaries Instead"- Man Says As Government Announces Plans To Cut Workers' Salaries
The economic situation of things in Nigeria currently calls for holistic and strategic actions.As it seems, the economy of the country is facing downward turns due to the outbreak of the pandemic.Although this is the case, the government is, however, working tirelessly to ensure that the Nigerian economy remains afloat.
Read What People Said As Minister Of Finance Said FG May Slash Salaries To Reduce Cost Of Governance
Minister of Finance, Zainab Ahmed, has revealed that Federal Government of Nigeria may slash the salaries of workers in a bid to reduce the cost of governance.She made this statement while speaking at a conference organised by Independent Corrupt Practices and Other Related Offences Commission in Abuja.
News reports have indicated that the President Muhammadu Buhari's administration is planning to cut the salaries of civil servants in Nigeria.Zainab Ahmed,the Minister of Finance,disclosed that President Buhari had ordered the National Salaries,Incomes and Wages Commission to slash the salaries of workers and employees of several agencies to reduce costs.
Nigerians have reacted negatively to the proposed move by the federal government to reduce salaries of federal workers to reduce the high cost of governance.The Minister of Finance, Budget and Planning, Zainab Ahmed made this revelation yesterday in Abuja and said that the nation's capital projects are recycled and this has gulped huge amount of monies yearly.
This country over the years has been running with the help of funds gotten from overseas or internally.It was reported by the Vanguard Newspaper that for Nigeria to run in 2020, it has to borrow about 5 billion dollars.According to the finance minister Zainab Ahmed, Nigeria borrowed about 5 billion dollars to fight covid-19 and also sustain the budget.
The minister of finance, Budget, and National Planning, Mrs. Zainab Ahmed at the National Policy Dialogue on Corruption and Cost of Governance in Nigeria on Tuesday that was organized by the Independent Corrupt Practice Commission (ICPC), she said that the government has derived a measure to hinder and remove all the less necessary items that have been included in the budget to cut the cost of governance in the country.
"Nigerian Government Broke"- Finance Minister Laments As Government Sets To Reduce Workers' Salaries
The outbreak of Covid-19 did not just leave individuals broke, it also left many nations of the world broke as well.As it seems, the Nigerian government is not left out in this upheaval cushioned by the outbreak of the pandemic.As it stands, the federal government has continued to find new avenues of making more money for the country.
President of NLC, Ayuba Wanna.The Nigerian Labour Congress, NLC, has expressed deep concern over an alleged plan of the federal government to cut down on the cost of governance by slashing workers salary.In a statement released by the President of NLC, Ayuba Wanna, the plan being put in place by the administration of President Muhammadu Buhari to slash workers' salary is equivalent to a mass suicide wish for Nigerian workers.
Today's Headlines: Arrest And Interrogate Gumi - Fani-Kayode Tells FG, Nigerian Government Set To Pay Resident Doctors
Nigerian Government Set To Pay Resident Doctors The federal government of Nigeria has now assured the members of NARD (National Association of Resident Doctors) that their salaries would now be pay before or on May 7, 2021.After the exhaustive meeting with the doctors, Gbajabiamila (Speaker of the House of Representatives), and others recently, Mrs. Zainab Ahmed (Minister of Finance) has given the assurance on payment of doctors' salaries.
The Speaker of the House of Representatives, Femi Gbajabiamila,said Following an exhaustive meeting with members of the National Association of Resident Doctors, they said that they are ready to suspend their planned resumption of strike on Friday.A statement held at the office of the speaker with Gbajabiamila which began last week, said they would suspend the planned resumption of the strike as soon as they got paid for their arrears salaries, starting from a month to five months.
The Nigeria Labour Congress have expressed disapproval on government's plan to reduce the wages of workers.Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed, stated that the plan by the government to cut down the workers' wages is a way of reducing the cost of governance.