Nigerians in Trouble As Governors Say They Might Stop Payment of Salaries

• Payment of salaries might become difficult soon, the Nigeria Governors’ Forum has claimed in a memo
• The memo is in response to the call for memoranda by the House’ Ad Hoc Committee on the Volume of Fuel Consumed Daily in Nigeria
• Going further, the governor lamented that following increases in prices of goods, Nigerians are falling back to poverty

Things might continue to get difficult for Nigerians according to the Nigeria Governors’ Forum.

The governors in a memo also lamented lamented that the subsidy on petroleum products, especially Premium Motor Spirit (petrol), has placed a huge financial burden on the states.

They made this known in a memo forwarded to the House of Representatives.

Punch Newspaper reports that the memo is in response to the call for memoranda by the House’ Ad Hoc Committee on the Volume of Fuel Consumed Daily in Nigeria, which is investigating the actual amount of PMS the country consumes daily.

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Going further, the governors claimed that many Nigerians are now being pushed into poverty as a result of rising prices.

The statement added:

“Rising prices are pushing millions of Nigerians into poverty. Rising inflation between 2020 and 2021 is expected to have pushed an additional 5-6 million Nigerians into poverty. Food insecurity is increasing in both poor and non-poor households, with some adults skipping meals. Because inflation is high, even if it remains stable, it will continue to push many more Nigerians into poverty.

“Fiscal pressures are growing unsustainably with the PMS subsidy significantly reducing the flow of revenues into the Federation Account. Thirty-five out of 36 states are likely to see transfers from the federation fall (in nominal terms) between 2021 and 2022, with the average decline projected to be about 11 per cent. Most states are already experiencing fiscal stress, with 30 out of 36 states recording fiscal deficits in 2020, including Lagos and every oil-producing state except Akwa Ibom.

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Governor Yahaya Bello gives all outgoing NYSC members N10,000 each, offers automatic employment to one

“With the projected decline in gross distributable federation revenues in 2022, fiscal deficits and debt burdens will grow even larger and faster. This will mean that transfers from the federation will not be enough to cover even salaries, and certainly not recurrent costs, which are growing in nominal terms."

Governor Yahaya Bello gives all outgoing NYSC members N10,000 each, offers automatic employment to one

Meanwhile, Kogi state governor, Yahaya Bello has offered an outstanding corps members and a recipient of the state award, Mary Ekpa automatic employment in the state as a reward for her meritorious and humanitarian service to the state.

The Corp member was singled out among the 725 outgoing 2021 Batch “B” stream 1 corps members at a Passing Out Parade organised at the Muhammadu Buhari Square, Lokoja.

Governor Bello in his address urged the corps members to make efforts towards making Nigeria a better place through selfless service, dedication to duty, honesty, integrity and accountability.

Source: Legit.ng