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    Only 23% of Nigerians trust INEC- Report says

    APGA candidates win Anambra by-elections

    US deficit grows to US$291 billion in July – Reports

    US deficit grows to US$291 billion in July – Reports

    Onitsha River Port receives first container barge for 2025 season

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    President Buhari commissions the new US$100m Ultra-modern MMIA Terminal

    Festus Keyamo – Our Plans for the Murtala Mohammed International Airport Lagos

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    Conoil Plc reports 88.8% drop in profit to N900 million in H1 2025

    Brent crude oil price rise above $70 on OPEC projections

    OPEC+ agrees to increase oil production for September

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    Federal Government approves 30-year concession for Enugu Airport

    Only 23% of Nigerians trust INEC- Report says

    Nationwide Voter registration begins August 18 – INEC

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    “CBN plans to shut down financial transactions” – Apex Bank warns of fake news

    CBN’s Monetary Policy Committee retains interest rate at 27.50%

    President Tinubu approves establishment of South-East Investment Company

    President Tinubu approves establishment of South-East Investment Company

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    UK tightens visa rules for care workers, skilled workers and students

    United States scraps visa dropbox service for Nigerian applicants

    President Donald Trump cancels protection for 500,000 Haitian migrants

    Spain golden visa scheme ends as Portugal and Greece demand increases

    Spain golden visa scheme ends as Portugal and Greece demand increases

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    CBN ends free ATM withdrawals for other banks’customers

    FG increases private university application fee from N5m to N25m

    FG increases private university application fee from N5m to N25m

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    Buhari says Nigeria security and economy improved during his tenure

    Buhari says Nigeria security and economy improved during his tenure

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    STANBIC IBTC ETF 30 announces ₦3.144 interim Dividend

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    Weekly Report: Nigerian Exchange sees mixed performance as Cutix Plc emerge top gainer

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    Security features of the new naira notes revealed by the CBN

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FG says it can’t increase public servants’ salaries

Saturday, 20 August 2022, 11:24 am
in News, Nigeria
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FG says it can’t increase public servants’ salaries
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The Federal Government of Nigeria has given reasons why the salaries of public servants can’t be increased despite the need to do so.

The Special Adviser to President Muhammadu Buhari on Media and Publicity, Femi Adesina gave reasons for the Government’s inability to increase the salaries when he received the Central Working Committee of the Association of Senior Civil Servants of Nigeria at the State House, Abuja on Friday.

Read also; We will penalize stakeholders who frustrate payment of unclaimed dividends – SEC

While responding to the Committee’s request for the review of civil servants’ salaries, via a Statement titled “Oronsaye report will lead to fundamental changes in our civil service, President Buhari assures,” he quoted the President to have said that while such a review was urgently needed due to global inflation, the Federal Government was working within tight revenue constraints caused by the diversion of resources to urgent security threats nationwide.

He stated, “I wish to urge you to appreciate the revenue constraint being presently faced by the government, which is caused mainly by the activities of unscrupulous citizens through the theft of our crude oil, a major contributor to our revenue base.

“This is compounded by the global economic downturn as a result of the ongoing Russian-Ukrainian war, which has led to price increases not just in the costs of goods and services globally, but also in the transportation of these goods and services across the globe.

“You are also aware of the enormous burden placed on our finances by the COVID-19 pandemic. Furthermore, let me note the significant investment we have had to make in security over the last seven years, which means other sectors of the economy have not been able to receive as much funding as we would have liked. Only when our country is secured that we are able to proceed and take on other aspects of our economic challenges.”

The President said he had directed that the Orosanye White Paper Report be subjected to immediate review for the Federal Government to implement its general recommendation.

Buhari, who stated that the review was about to be completed, said its implementation would bring some fundamental changes to the structure of the civil service.

Submitted in 2011, the report has been a subject of controversy as it proposes, among other things, the merging and outright scrapping of over 263 government agencies.

It also proposed that the law establishing the National Salaries and Wages Commission be repealed and its functions taken over by the Revenue Mobilisation and Fiscal Responsibility Commission to save the government N2bn.

Nnamdi Maduakor
Nnamdi Maduakor

Nnamdi Maduakor is a Writer, Investor and Entrepreneur

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