Sunday, December 4, 2022

FG To Slash Civil Servants’ Salaries And Merge Agencies To Cut Cost – Zainab Ahmed, Finance Minister

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President Muhammadu Buhari has directed the National Salaries, Incomes & Wages Commission (NSIWC) to review the salaries of civil servants as well as the number of federal agencies.

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The Minister of Finance, Budget and National Planning, Zainab Ahmed, disclosed this Tuesday at the National Policy Dialogue on Corruption and Cost of Governance in Nigeria organised by the Independent Corrupt Practice Commission (ICPC).

She said government also intends to remove some superfluous items from the budget in order to cut the cost of governance in the country.

“We still see government expenditure increase to a terrain twice higher than our revenue,” Ahmed said.

She urged all government agencies to come together to trim the cost amid the country’s dwindling revenue. The minister said that the nation’s budgets are filled every year with projects that are recycled over and over again and are also not necessary.

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“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,” she said.

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The minister said that government will also review the number of government agencies in terms of their mandates, adding that the government will consider merging two agencies with the same mandate.

The ICPC Chairman, Prof. Bolaji Owasanoye (SAN), described the cost of governance as the driver of corruption in Nigeria.

He said the government is committed to improving the country’s revenue from new and existing sources by streamlining payroll and ensuring that removal of subsidies and reduction of the cost of contracts and procurement are for the benefits of the vulnerable.

He listed the critical area of concern to include payroll padding and the phenomenon of ghost workers.

Photo Credit: Getty

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