Recession: Niger Government forced to cut workers’ salaries
NEWS DIGEST – State civil servants and political appointees of Niger State will suffer a pay cut this month as part of the state’s attempt to save its economy.
The Niger State government says the decline of the nation’s Gross Domestic Product, GDP, which plunged the nation into its second recession in 5 years, forced its new decision.
This new salary cut will also see a reduction in the salary of Governor Sani Bello and his deputy, Alhaji Mohammed Ketso, according to a release from the Governor’s office.
According to the release, where he pleaded for understanding for the action of his government, the state’s allocation from the Federal Accounts Allocation Committee, FAAC, dwindled as a result of the country’s latest recession.
Describing the situation as “unfortunate”, the governor revealed a shortfall in the Internally Generated Revenue, IGR, of the state.
Governor Sani Bello hinted that the present poor economic disposition of the country will force other states to take drastic measures. “It [shortfall in federal allocation] is not peculiar to the state alone,” he said.
The governor also assured the state civil servants, political appointees and their dependants that his government’s decision to cut salaries is only “temporal” and expressed optimism that the situation will improve.
The governor reiterated words of State Commissioner of Information, Mohammed Idris, that the Niger Government had intensified efforts on multiple fronts to “ensure maximum collection of all revenues.”
“[This] administration will expedite actions towards thinking outside the box on ways to improve the Internally Generated Revenue (IGR) of the state so as to compliment whatever is coming from the FAAC,” the release read.