Pan-Yoruba association, Afenifere Renewal Group, has warned that given the drop in the price of crude oil, 24 states may not be able to pay salaries next year if the structure of government bureaucracies is not changed.
The group said this in its report on critical review of Nigeria’s economic and political governance in Lagos on Wednesday.
The report, which was signed by the group’s
national chairman, Olawale Oshun, added that
it was unfortunate that 60 per cent of public
expenditure went to the servicing of
bureaucracies.
It read, “Nigeria is over-governed with a
bloated Federal Government, 36 state
government bureaucracies, one FCT
administration, and 774 Local Government
Areas. When budgets of all these government
tiers are collated, more than 60 per cent of all
public expenditure in Nigeria goes to service
these bureaucracies that consist of less than
three per cent of Nigeria’s population.
“This high cost of governance is the reason we
cannot fund the delivery of critical
infrastructure and social programmes. High cost
of governance contributes to high cost of doing
business, which, in turn, reduces Nigeria’s
competitiveness in the global market.
“Unfortunately, current economic realities show
that Nigeria can no longer fund these
bureaucracies as some states now owe workers
as much as four months’ wages, with no respite
in sight. One would not be a Prophet of Doom
to say there is a high probability that two-third
of states in Nigeria might not be able to pay
salaries in 2015. This is another threat to
political stability as social vices and malfeasance
would increase.”
The group, therefore, recommended that the
country went back to the regional system of
government as practised in the First Republic or
the adoption of the six geo-political zones as
federating units.
The group further called for the abolition of the
Excess Crude Account and the elimination of
importation of refined petroleum products as
well as the maximum devolution of powers to
the federating units.
The group lamented the marginalisation of the Yoruba under the Goodluck Jonathan administration and wondered why all the heads of government financial organisations were of Igbo extraction.
It said, “Nigerians should be concerned
because the 2015 general elections will not
replenish the country’s depleted tank of
political stability if certain reforms are not
pursued as urgently as possible.
“In the absence of socio-political and economic
justice, nepotism and ethnocentrism have taken
over as the emblem of our presidential politics.
For instance, it is difficult not to read meaning
to the fact that under the current
administration, all economic agencies like the
Central Bank of Nigeria, Security and Exchange
Commission, Debt Management Office, and
Finance Ministry, are headed by experts from
one ethnic nationality.”



http://www.punchng.com/politics/24-states-wont-pay-salaries-in-2015-afenifere/

States won’t be able to pay salaries in 2015 thanks to the insane looting by President Jonathan and his gang.

Ayekotoo:
Pan-Yoruba association, Afenifere Renewal Group, has warned that given the drop in the price of crude oil, 24 states may not be able to pay salaries next year if the structure of government bureaucracies is not changed.
The group said this in its report on critical review of Nigeria’s economic and political governance in Lagos on Wednesday.
The report, which was signed by the group’s
national chairman, Olawale Oshun, added that
it was unfortunate that 60 per cent of public
expenditure went to the servicing of
bureaucracies.
It read, “Nigeria is over-governed with a
bloated Federal Government, 36 state
government bureaucracies, one FCT
administration, and 774 Local Government
Areas. When budgets of all these government
tiers are collated, more than 60 per cent of all
public expenditure in Nigeria goes to service
these bureaucracies that consist of less than
three per cent of Nigeria’s population.
“This high cost of governance is the reason we
cannot fund the delivery of critical
infrastructure and social programmes. High cost
of governance contributes to high cost of doing
business, which, in turn, reduces Nigeria’s
competitiveness in the global market.
“Unfortunately, current economic realities show
that Nigeria can no longer fund these
bureaucracies as some states now owe workers
as much as four months’ wages, with no respite
in sight. One would not be a Prophet of Doom
to say there is a high probability that two-third
of states in Nigeria might not be able to pay
salaries in 2015. This is another threat to
political stability as social vices and malfeasance
would increase.”
The group, therefore, recommended that the
country went back to the regional system of
government as practised in the First Republic or
the adoption of the six geo-political zones as
federating units.
The group further called for the abolition of the
Excess Crude Account and the elimination of
importation of refined petroleum products as
well as the maximum devolution of powers to
the federating units.
The group lamented the marginalisation of the Yoruba under the Goodluck Jonathan administration and wondered why all the heads of government financial organisations were of Igbo extraction.
It said, “Nigerians should be concerned
because the 2015 general elections will not
replenish the country’s depleted tank of
political stability if certain reforms are not
pursued as urgently as possible.
“In the absence of socio-political and economic
justice, nepotism and ethnocentrism have taken
over as the emblem of our presidential politics.
For instance, it is difficult not to read meaning
to the fact that under the current
administration, all economic agencies like the
Central Bank of Nigeria, Security and Exchange
Commission, Debt Management Office, and
Finance Ministry, are headed by experts from
one ethnic nationality.”



http://www.punchng.com/politics/24-states-wont-pay-salaries-in-2015-afenifere/

The Yoruba that headed financial and corporate world in Nigeria messed this country up. They should go and sit down