BabaAduras:


Of course. Though Amosu (the then Ogun state governor) did very well in terms of infrastructure development, he was stealing workers salary. He was forcefully deducting money from workers pay in the name of Coop savings they never got and he refused to pay the leave allowances.

We made noise, calling him thief to his face. He was challenged and was made to pay for his actions when he want to install his stooge at the end of his tenure. He never got his wish. Even the Senate seat he got was rigged for him. He is still not welcomed nor respected in Ogun State, just like OBJ.

adamusuleiman2:

Of course.

BabaAduras:


I started pushing this approach since the days of OBJ when he wasted $5b on Refineries revamp, $16b on fake Power Project and allowed Atiku to cheap-sell our industries to his friends and cronies after pump money into the industries in the name of revamping them.

Corruption does not know tribe nor party and it is happening at all levels of government. Challenge all those in government (politicians and civil servants) starting from the Councillors. Ask them what they are doing with our commonwealth entrusted into their hands. Don't focus on the Presidency alone.

Over 60% of our total revenue is going to States and LGAs, we should expect much more from them.

NinjaMetahuman:
how is running business poorly related national budget?

Are you just talking randomly as they pop into your head?

BabaAduras:


While I am not exonerating BAT nor anybody in government, the truth if we want desired change, we will forget tribal and political affiliations and start asking everyone at all levels of government how they are spending our commonwealth.

That is the gospel truth.

NinjaMetahuman:
I got it wrong, instead of telling me how It wrong, he went on rambling about tinubu.

Wrote 5000 words without countering anything I said.

oyatz:


Allocations received by the States have increased by 60% but their wage bills have not increased ,in fact some States are still not paying 30,000 minimum wage, so where is the money going to sir?

Do you know what #20 Billion can do in the economy of Abia, Taraba, Osun or Jigawa States?

BabaAduras:


Again, the fact that purchasing power is diminished/eroded is without contestations. The point your missing is the fact that prompt payment of salaries and contractors, increasing salaries and payment of palliatives will cushion some of the effects of the eroded purchasing power.

For a fact, some businesses will not close down if there is liquidity in the country. A situation where a few (governors in this case) are stealing and owing workers and contractors as we have is most potent killer of businesses and economy.

True, things are more expensive (the dollar impact), increasing workers salaries and cushioning with palliatives (as directed and implied by increased allocations), would have helped workers purchasing power.

During the recent fuel and items price hikes in the US, though salaries were not increased to avoid uncontrolled inflation, governments paid palliatives in form of tax reliefs and some companies and government entities just unilaterally made some one-time-payments to their workers. My company just paid everybody at all levels $5k as fuel subsidy. That was just to cushion the diminished purchasing power.

If we have responsive and responsible governors that are getting increased federal allocations, why would they need NLC-TUC or you and I to tell them the purchasing power of workers is eroded and that they need to divert some the increased allocations to help worker and contractors. That is why I said we start the challenge from the bottom.

I have a friend who got a contract from Ogun state government. He went to bank to borrow money to start the project believing he will get the mobilization fund to progress and complete the project. He has not been paid the mobilization fee, he could not progress the project, price of items and labor are on the increase and the interest is running on the loan he borrowed from the bank. Yet Ogun State government that is getting increased federal allocations refused to pay mobilization fee talk less of paying for the Value of Work Done. That is what is killing businesses my friend. It has nothing to do with dollars and very little to do with purchasing power.

The question of State governors not been able to do anything after paying salaries is best answered by asking the following questions:

1. Did the workforce increased after the increased allocation? The answer for that is NO. I have not read of any state government doing any massive recruitment.
2. Have they increased workers salaries? Again the answer is NO.
3. How were the governors paying the workers (that has not changed significantly) before the allocation increase?
4. What have they been spending the increased fund on?

We need to start asking hard questions of everyone at ALL the levels of government not just focusing on the presidency. That is my point.

Yusufisraelj:


Nope, not entirely true.

Not all projects needs dollar for execution.

This your formula will work for CAPEX that requires import.

BabaAduras:

We are not talking about workers spending power yet. Rephrasing my questions, why are the governors and the LGA chairperson not paying increased salaries and palatives after getting increased allocations? How does dollar exchange rate impact the payments they have to make in naira?

Pay the salaries and palatives, let any worker that is interested in any dollarized item worry about his/her buying power. Truth is governors and LGA chairpersons are not importers, why should their spends and payments by impacted by exchange rates?

These set of government levels are supposed to be most impactful on the masses, but they are the most corrupt. Funny enough, the masses are not holding them accountable.

Do you know your LGA chairperson? Have you ever asked what he/she did with allocations to the LGA? That is the closest government official to you, not BAT. Start your challenge from the LGAs, then move up to State Governors and then to the President.

I live and work in the US, the challenge of the government starts at the School PTAs and School District Councils, then to the Mayors?County Executives, then to the Governors, then to the President. Everyone at each level is held to strict level of accountability.

Until we focus the challenge at every levels of government, we will be kidding ourselves as nothing will change.

Bahdguyishere:

Abeg get small sense na
Are the governors paying salary in dollars?.
If you like keep covering them up and continue to blame Tinubu for your infertile sperm. He's your president and u can't do nada about that.

Tripodent:


Let us look at it in another way:

1) Naira is the official medium of exchange in our country, Nigeria. So, using the dollar as a basis does not arise.
2) The governors could have increased the salaries of their civil servants, even by 10%, since they have been collecting increased monthly allocations.
3) The governors should be paying off their debts to local contractors, which would lead to increased money in circulation.
4) The governors should implement palliative interventions with full sincerity from the increased allocations.
5) The governors should allow the local government chairmen access to use their share of the allocation properly at the grassroots since LG chairmen are closest to the grassroots.

NinjaMetahuman:
quick question,
Why are you changing Nigeria budget to dollar? Why not change it to weaker currencies like Zimbabwean dollars?

Are governors paying salaries or contractors in dollars?

what you failed to realize is that devailation actually favors budget. Government expenditure is not in dollars but naira.

And if they are going to pay a contractor that demands 1 billion naira for a job when dollar was 100 naira, they are still going to pay that contractor same amount when dollar is 200 naira.

Unless there is some sort of negotiation.

Same thing with salaries.

BabaAduras:


Let me ask you a layman’s question: why are looking at exchange rate? Are the governors spending or paying workers in dollars?

nairamaniac:

Wow. I'm just seeing this now. Thanx. I never knew it had become this high.
He shouldn't have floated the naira during these times.

miyagi01:
Almost got my first person to comment for the first time ever on nairaland if not for the m*therfucker above me. We go harder next time😁

nairamaniac:



In several of my posts here in nairaland i have used that same phrase of *cart before the horse* and referenced it to Tinubu. He really messed up.
If he was really concerned about how much had gone into dept servicing and high subsidy payments why didn't he invite an independent auditor to look into it and prosecute perpetrators?


But are u sure of Tinubu spending 1trillon a month on subsidy since he came in, upon removal of subsidy? I can't believe that though.

shinealight:


You told them, didn’t you? Arrogant Professor of Economics. Size up man and stop leaking garbage from your anus!

7lives:


Which truth?
IMF already told Nigeria to do away with subsidies since 1984, postponing the pain, now it has multiplied.

Biodun556:


Governors are the chief security officer of their states. The president has given go ahead to state police

Biodun556:


Tell your governors to play their role

This nonsense must stop. Forex trading is not the same as suya. Those involved must follow CBN official price only. Not stupid Mallam parallel market

Biodun556:
Tinubu government is the only with courage to step on toes and correct forex corruption dominated by northerners.

Krankhead:
Which.Igbo. if only igbo do referendum today, they will still vote to be part of Nigeria.