[size=13pt]Okonjo-Iweala says FG’s spending on salaries has quadrupled[/size]


https://www.youtube.com/watch?v=P4dQsKOGSro

The Coordinating Minister for the Economy and Minister of Finance, Ngozi Okonjo-Iiweala on Tuesday called for caution with the rising wage bill of the public sector, noting that it could erode gains recorded for economic stability.

Addressing a forum of the organised private sector and Civil Society Organisations in Abuja on Tuesday, to deliberate on issues that will guide the preparation of the 2013 Budget, Dr Iweala said that the federal government is presently spending huge funds in the payment of personnel.

According to the Director-General of the Budget Office of the Federation, Dr Bright Okogu, the wage bill of the public sector, quadrupled from N443 billion to N1.659trillion between 2009-2012.

A situation which he says is not healthy for any nation craving for transformation.

Dr Okonjo-Iweala called for the reduction of Ministries, Departments and Agencies as stated in the Stephen Orasanye report, to check leakages needed to grow other sectors of the economy.

Further speaking, Dr Okogu also revealed that the share of personnel cost as percentage of aggregate expenditure increased from 27 per cent of the total federal government spending to 34 per cent in 2012.

While these government officials are canvassing a cut on spending to meet up with the challenges affecting the country, members of the private sector, led by the president, National Association of Small and Medium Entrepreneurs, Garba Gusau, advised that funds saved from such leakages be channelled into activities that would grow the businesses of entrepreneurs thereby creating jobs for the unemployed.

A similar recommendation was earlier made in the year by the Presidential Committee on the Rationalisation and Restructuring of Federal Government Parastatals, Commissions and Agencies in an 800 paged report which recommended the reduction of the nation’s Ministries, Departments and Agencies (MDAs) which are 541 in number, to 163.

The federal government was advised to scrap the nation’s anti-graft graft agencies, the Economic and Financial Crimes Commission (EFCC) and the Independent Corrupt Practice Commission (ICPC) and 375 other agencies citing inefficiency and replication of duties at a huge cost on the nation’s purse.

http://www.channelstv.com/home/2012/07/10/okonjo-iweala-says-fgs-spending-on-salaries-has-quadrupled/

So, why are they telling us?

They are the ones that keep creating new committees and government agencies every other day.

Those are known for swallowing money and producing NADA.

The power is in your hands, do something instead of making empty statements.

According to the Director-General of the Budget Office of the Federation, Dr Bright Okogu, the wage bill of the public sector, quadrupled from N443 billion to N1.659trillion between 2009-2012.

Lord have mercy!

The wage bill has quadrupled yet the people are getting less from the government.

OAM4J:

Lord have mercy!

The wage bill has quadrupled yet the people are getting less from the government.

WTF? What has wage bill got to do with what the people are getting? Make dem no chop? Haba Omo araye

ENiyan bi aparo lomo araye n fe oooooo. . .

Eniyan bi aparo lomo araye n fe oooooo

went for shopin and found out dat talk is stil very cheap,for sayin dis in d open shows dat she and d govt cannot do anytin abt it,i dnt pray dey set up committe on dis bt if they do,politians will surely have stains in d report.tins will only b good whn govt begins to treat d disease of naija rather dan d symtoms.

she dey take adv of the present situation.
reason she lost the world bank job.

she no dey prepare budget

kunlekunle: she dey take adv of the present situation.
reason she lost the world bank job.

she no dey prepare budget

SHe is a fast learner.

She has learnt pretty fast how things are done in Nigeria. Next, she will start blaming some fictional cabals for all the money missing. And trust Nigerians, they will eat the shyt up real fast . . . after all, MIT and Harvard grads dont steal money.

Corruption! Corruption!! Corruption!!!
A friend of mine who just got appointment as a level 8 Officer in one of Agencies is already buiding a duplex in my village with several landed properties in Abuja. When queried on how they make such a huge money in a shortwhile, he confessed that all the Agencies of Govt are all cash cows. That u
Just need to meet with your supervisor to arrange a phantom seminar and pronto your bank account will be smiling! My fear is that, the rate by which they drain this our common purse, the case of Greece would be a child's play when it sets in
Thanks GEJ.

how much be her salary sef?

Clerverly: Corruption! Corruption!! Corruption!!!
A friend of mine who just got appointment as a level 8 Officer in one of Agencies is already buiding a duplex in my village with several landed properties in Abuja. When queried on how they make such a huge money in a shortwhile, he confessed that all the Agencies of Govt are all cash cows. That u
Just need to meet with your supervisor to arrange a phantom seminar and pronto your bank account will be smiling! My fear is that, the rate by which they drain this our common purse, the case of Greece would be a child's play when it sets in
Thanks GEJ.

Envy wan finish you...go hustle build ur own...lol

too much talk , always whining and doing nothing,Oronsaye has submitted his report but Adoke and his
implementation report is nowhere to be found, even after the expiration of the deadline.but aren't
these absolute figure stats misleading as the aggregate expenditure has tripled and wage bill has
almost "fourpled". so Goverment is spending3 times more and doing less.

fuel subsidy quadrupled under gej, even when the country's population or gpd did not
and now -
salaries have quadrupled under gej, and the civil service is not expanding (maybe this is the work of some cabals too)

National wage rose from 443b to over 1trillion in less than 2 yrs. This is a blatant lie, may GOD punish d managers of our economy

What exactly is going in this country? How can GEJ promise to reduce the cost of his government yet the expenses are increasing geometrically? What manner of govt will do this to her citizens? Working with the govt seems to be a trend for the get-rich peeps.

Madam NOI, you need to explain this wage bills and the increasing expenditure, we demand for explanations and solutions. Truth is posterity will judge all of you for this hardships/atrocities you have unleashed on your fellow nigerians. The economy is dying, banks are charging very high rates for businesses even the banks are laying off staff in droves...nothing except working in some govt agency seems to be working. What manner of hope do we have to look forward to?

since she paid off the debts, which she said will settle the economy of the country for years to come, the economical situation of the country has become worse and worse, we are getting into debt and i predict that the amount of debt will only increase, which begs the question, why did she pay off the debt? it was probably a bragging right but those monies we wasted on debt payment could've been used for the better of the country, the long term economic prospects do not look bright at all, everyone should be worried

Shut up..okonjo thief..u nd ur stupid..south south president..hope u bastard won't sell dis country.oloriburuku people!

Why do these people in power keep lamenting about these problems as if they are powerless?

Obasanjo, Yardua, Jonathan...all of them and their ministers would announce dire statistics and lament about it, then go back to the office and do nothing.

You have power...use it and solve the problem already. Duh?

when this woman talk, trouble looms. Since these while she's been silent, i've been easy wit my tots, no pressurable thinking. I didn't even knw she still exists. She hasn't been doing a thing, nothing. but when she talks, it's either industrial strike or mass protest will follow because the foolish jonathan knws nothing but to act on impulse on his idol's utterance.
Now, expect a cut in price of the supposedly invisible minimum wage, then a mass protest and an industrial strike action cos the over-full mouthed idol of doom has spoken again!

Country of billionaire Generals and Senators.

Militants pay packet greater than entire health budget allocation for 150 million people.

President's food bill is #1billion a year.

*Sigh*

Okay Ngozi,wetin u want make we do na? MAYBE She's indirectly telling us petrol would soon b 300 per litre so they can have enuf moni to pay our legislooters..oloriburuku somebody.

espn: Shut up..okonjo thief..u nd ur stupid..south south president..hope u bastard won't sell dis country.oloriburuku people!

You dont need to curse and insult to make ur point. It is not exactly elegant for you to hide under the cloak of anonymity to insult pple who have received serious mention elsewhere. I will suggest you put curses, abuses, insults aside and ask pertinent questions. What is the work force of the Federal govt? How much does each ministry, agency, board, parastatal etc get monthly. Put these 2geda and ascertain if the woman just made the figure up. Anyway I know u wont do it cos NOI and GEJ are involved.

Why does this woman keep making noise? She should channel her vocal energy into either the music or prayer band in her local assembly.

ehen and the sky is blue ,i wonder what reaction she expects from people when she makes these kinds of stupid declarations

This Govt will be our ruin. For those of u benefiting from d system, jst pause & think; things will get bttr one day...pple will rly have to work to earn their keep and y'all won't have d intellectual capacity to maintain ur castles in d cloud.
As of now, Nigeria produces nuthin...its jst oil money runnin d system.

[color=#006600][/color] [b][/b]D youth of dis country is quite very unfortunate such dat we re fun of making mere statement than actions.... hw I so much wish we parade all black wares on the fort coming independence day as a grate sign of grievance to the state of things in this country.... we need corporation 2 move

So our president is complaining, shee? After setting up useless committees, he also agreed to his wife taking up a job in Bayelsa as perm sec in the civil service. So is the president retaliating or what? If he is spending so much on "salaries" , the sates should suffer the same fate? I ask Uncle Jonah, knowing that your wife has not worked in your state's cilvil service since then 1999, why did she accept an appointment knowing that there are more qualified people who have been there since her "leave of absence" (SINCE 1999 when her husband became deputy governor)? What is going on in this country?

Who cares? May she rot in whatever this moment. Foooooollll

alienYOUTH: This Govt will be our ruin. For those of u benefiting from d system, jst pause & think; things will get bttr one day...pple will rly have to work to earn their keep and y'all won't have d intellectual capacity to maintain ur castles in d cloud.
As of now, Nigeria produces nuthin...its jst oil money runnin d system.

soon they wil soon tell us a cabal is behind it.no new employee yet salary has quadrupled.how come?

BUMPS

Som people wanted bakare arrested 4sayin d truth, jona hav nt xplain his opration bring down Nigeria economy. Fuel subsidy fund xhutsed in less thn a year, foriegn reserv went than in less than a year, xx crude account is down, nw salary quadrubled in les thn a year. Unemployment rate is on d rise.faroc lawan evry whre. No NEPA, no good Road, just lootin n lootin of d common purs. Thy only tel us we are workin round d clock n pray 4Nigeria. Is tim we wake up. Let's bring this evil caled Jona n PDP down.