Governor of Ekiti State, Ayodele Fayose, has lamented the state of Nigeria’s economy.
In a statement by his Chief Press Secretary, Mr. Idowu Adelusi, in Ado- Ekiti, yesterday, the governor raised alarm that Nigeria is grinding to a halt with the current economic situation prevailing in the country.
He noted that the issue at stake was grievous and not what people should play political propaganda with.
“This month’s statutory allocation is the worst in the history of our state. We got a net allocation of N1.4 billion at state level while the salary of workers is N2.6 billion monthly. At the local government level, 16 council areas got a little over N1 billion, while the wage bill there is over N2 billion monthly.
“Payment of salaries at both state and local government levels is impossible with such allocations. And government still has some basic needs to meet. The other time I said the Federal Government should come to the open on the state of our national economy, some people frowned at it.
“Now, a national paper has quoted the president as saying that Nigeria is broke and that it might be difficult to pay ministers that will soon come on board. It is vital that the Federal Government tell Nigerians the blueprint it has for the economy. The issue at stake is beyond politics.
“If the trend continues, in the next few months, all the tiers of government may not even be able to pay a month salary to workers if three statutory allocations are combined,” the governor said.
