Kogi State Slashes Salaries Neanly In Half
Workers in the state of Kogi have to tighten their belts. The state government told it cuts their salary nearly in half – by 40 per cent.
The Kogi state government has to cut workers’ salary by 40 per cent. This measure is the cause of the decreasing federal allocation, with N1.2 billion reducing from March to April. The state received the sum of N3.7 billion from federal budget in March, while in April it got only N2.5 billion, while the monthly wage bill is N3.2 billion.
The Kogi state government has to cut workers’ salary by 40 per cent. This measure is the cause of the decreasing federal allocation, with N1.2 billion reducing from March to April. The state received the sum of N3.7 billion from federal budget in March, while in April it got only N2.5 billion, while the monthly wage bill is N3.2 billion.
To avoid wage arrears it was decided to reduce salaries by 40 per cent, said in the statement by the special adviser on media and strategy to the governor, Mr Jacob Edi, who is also affected by salary cuts.
However, not all the workers will have to tighten their belts. The staffs on grade level from 1 to 6 will not be affected by the reduction. Only the workers of workers in grade level 7 and above, the state commissioners, special advisers and all appointed officials would have their salaries reduced.
Nigeria government revenue fell 21.5 percent of total expected revenues to 315.04 billion naira in March, that equals around $1.6bn. One fifth of the expected revenues didn’t come into the state treasury because of the pipeline shutdowns. Lower earnings from the non-oil sector also attributed the decrease of revenue in March, according to the accountant general Jonah Otunla.
However, not all the workers will have to tighten their belts. The staffs on grade level from 1 to 6 will not be affected by the reduction. Only the workers of workers in grade level 7 and above, the state commissioners, special advisers and all appointed officials would have their salaries reduced.
Nigeria government revenue fell 21.5 percent of total expected revenues to 315.04 billion naira in March, that equals around $1.6bn. One fifth of the expected revenues didn’t come into the state treasury because of the pipeline shutdowns. Lower earnings from the non-oil sector also attributed the decrease of revenue in March, according to the accountant general Jonah Otunla.
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