Recession: Oyo slashes political appointees’ salaries by 50%

Oyo State Governor, Abiola Ajimobi
Ajimobi

The Oyo State Government has slashed the salaries and arrears of its political appointees by 50% following the continued drop in federal allocation and slow increase in the state internally generated revenue.

The government equally announced the award of a N28b for dualisation of four major roads within the state saying that the fund for the roads’ construction would be sourced from the Federal Government Road Intervention Fund.

These were disclosed by the Secretary to the State Government, Olalekan Ali, during an inter-ministerial press briefing on Monday at the State Ministry of Information’s Film Theatre on the resolutions of the executive council meeting held on Friday, November 4, 2016.

Alli, who was accompanied at the press briefing by Commissioners of Education, Information, Lands and Works, Professor Adeniyi Olowofela, Messrs. Toye Arulogun, Isaac Omodewu and Oladimeji Wasiu respectively, said that the salary and arrears cut as part of the measures put in place to reduce the cost of governance.

According to him, “the last executive council meeting approved a 50% cut in the salaries and arrears of political appointees in Oyo State to reflect the current economic situation borne out of the dwindling financial situation in the country, while all government spending will also be reduced by 50%. All these will take effect immediately.”

Ali said that the state government has succeeded in blocking all tax holes while the physical verification exercise embarked upon recently, exposed so many areas where some individuals were drawing multiple salaries and some getting salaries without working for the government.

He went further to disclose that about 500 people indicted based on bank verification number (BVN) never appeared to clear their issues with the special panel set up to attend to the problem, adding that others who were cleared by the panel have collected their arrears of salaries till April 2016.

The Secretary to the government assured the people of the State that the hope for a quick recovery from the economic recession is expected as the administration was not relenting in its efforts at securing food security in the state through its Agric-Oyo program and establishment of 10,000 metric tonnes of silos in Oyo township, saying that these efforts would be replicated in all the three senatorial districts of the state for food security.