ADVERTISEMENT
  • The Membership Club
  • PT Hausa
  • About Us
  • Advert Rates
  • Careers
  • Contact Us
Friday, February 26, 2021
Premium Times Nigeria
  • Home
  • COVID-19
  • News
    • Headline Stories
    • Top News
    • More News
    • Foreign
  • Investigations
  • Business
    • News Reports
    • Financial Inclusion
    • Analysis and Data
    • Business Specials
    • Opinion
    • Oil/Gas Reports
      • FAAC Reports
      • Revenue
  • Opinion
  • Health
    • News Reports
    • Investigations
    • Data and Infographics
    • Health Specials
    • Features
    • Events
    • Primary Health Tracker
  • Agriculture
    • News Report
    • Research & Innovation
    • Data & Infographics
    • Special Reports/Features
    • Investigations
    • Interviews
    • Markets
  • Arts/Life
    • Arts/Books
    • Kannywood
    • Lifestyle
    • Music
    • Nollywood
    • Travel
  • Sports
    • Football
    • More Sports News
    • Sports Features
  • Projects
    • Parliament Watch
    • Panama Papers
    • Paradise Papers
    • AGAHRIN
  • Home
  • COVID-19
  • News
    • Headline Stories
    • Top News
    • More News
    • Foreign
  • Investigations
  • Business
    • News Reports
    • Financial Inclusion
    • Analysis and Data
    • Business Specials
    • Opinion
    • Oil/Gas Reports
      • FAAC Reports
      • Revenue
  • Opinion
  • Health
    • News Reports
    • Investigations
    • Data and Infographics
    • Health Specials
    • Features
    • Events
    • Primary Health Tracker
  • Agriculture
    • News Report
    • Research & Innovation
    • Data & Infographics
    • Special Reports/Features
    • Investigations
    • Interviews
    • Markets
  • Arts/Life
    • Arts/Books
    • Kannywood
    • Lifestyle
    • Music
    • Nollywood
    • Travel
  • Sports
    • Football
    • More Sports News
    • Sports Features
  • Projects
    • Parliament Watch
    • Panama Papers
    • Paradise Papers
    • AGAHRIN
Premium Times Nigeria
BUA Group Ad BUA Group Ad BUA Group Ad
ADVERTISEMENT
Ajimobi, other Oyo governorship candidates commend INEC

Oyo State Governor, Abiola Ajimobi

Oyo cuts salaries of political office holders by 50 per cent

byAgency Report
November 7, 2016
1 min read
ADVERTISEMENT

Oyo State Government has announced 50 per cent reduction in the salaries of political office holders, their compensation, approval limits and government’s spending with immediate effect.

Olalekan Alli, the Secretary to the State Government (SSG), disclosed this at a news conference held in Ibadan on Monday.

Mr. Alli said the decision was taken at the State Executive Council meeting held on Friday, November 4.

He said it was a measure to shore up the dwindling revenue base of the state.

The SSG said the state had been spending its monthly allocation from the federation account on payment of workers’ salary, which he said, stood at N5.2 billion.

Mr. Alli said that government had not reneged on its subsisting agreement with the labour unions to pay them 100 per cent of the monthly federal allocation to the state.

“The resources of government in the state dwindled as a result of the economic downturn.

“In July, the state’s monthly allocation was N4 billion, N3.8 billion in Aug., N3.5 billion in Sept. and N2.8 billion in Oct.

“Considering the dwindling allocation, the best is for state governments to look inward.

RelatedNews

BREAKING: Controversy as security operatives ‘attempt to arrest’ Sunday Igboho

JUST IN: Makinde reopens Sasha market

ANALYSIS: How Nigerian govt’s bad precedent emboldened Sunday Igboho, others

Makinde speaks on insecurity in Oyo, condemns ethnic profiling

“This is why we are slashing the salaries of all political office holders,’’ he said.

He said the Internally Generated Revenue (IGR) of the state was still between N1 billion to N1.5 billion.

The state government had employed the restructuring and verification exercise in the state as a means of blocking the several loopholes that allowed for waste of resources.

Dangote adbanner 728x90_2 (1)

He said the ongoing Biometric Verification Number (BVN) exercise in the state had revealed some ghost workers drawing multiple salaries.

“We have discovered 500 people who did not come for the verification exercise to unravel their true identity,’’ he said.

Mr. Alli said the state’s agriculture initiative continued with a target of 2 million in terms of job and food security.

He said that work had reached advance stage on the 10, 000 metric tons silos being constructed in the three senatorial districts of the state. (NAN)

  • WhatsApp
  • Tweet
  • Email
  • Print
  • Telegram
  • More
  • Share on Tumblr
  • Pocket

Support PREMIUM TIMES' journalism of integrity and credibility

Good journalism costs a lot of money. Yet only good journalism can ensure the possibility of a good society, an accountable democracy, and a transparent government.

For continued free access to the best investigative journalism in the country we ask you to consider making a modest support to this noble endeavour.

By contributing to PREMIUM TIMES, you are helping to sustain a journalism of relevance and ensuring it remains free and available to all.

Donate


TEXT AD: To advertise here . Call Willie +2347088095401...


JOIN THE CONVERSATION

  • Disqus (0)
premiumtimes



PT Mag Campaign AD

Previous Post

Nigeria sets up committee to end farmers, herdsmen conflict

Next Post

Literary icon, Ngugi wa Thiong’o, to headline Ake Arts and Book Festival

Agency Report

Agency Report

More News

Sunday Igboho arrives Ogun heavily guarded

BREAKING: Controversy as security operatives ‘attempt to arrest’ Sunday Igboho

February 26, 2021
A back view of Samuel Akinbodewa, the 77-year-old father of the detained woman and his two grandchildren.

Following PREMIUM TIMES’ report, Lagos govt begins move to free woman in jail for six years without trial

February 26, 2021
FILE: A nurse checks the blood pressure of a patient at National Hospital Abuja

Nurses declare warning strike in Ondo

February 26, 2021
Yaba-College-of-Technology-Yabatech

YabaTech fixes date for Post UTME

February 26, 2021
Nigerian Police officers on duty [Photo credit: Today.ng]

Kidnapped Nigerian student regains freedom

February 26, 2021
Shasha market

Trading resumes in Shasha market

February 26, 2021
Next Post
Literary icon, Ngugi wa Thiong’o, to headline Ake Arts and Book Festival

Literary icon, Ngugi wa Thiong’o, to headline Ake Arts and Book Festival

Kaduna University suspends lecturer over Facebook ‘hate speech’

Kaduna lecturer detained for alleged 'hate speech' released

Discussion about this post

Search

#EndSARS: Latest Updates




Polaris Bank


JAIZ Ad


NITDA Ad





Glo Ad

Subscribe to News via Email

Enter your email address and receive notifications of news by email.

Join 1,625,298 other subscribers.

Advertisement






netherland biz school Advert

Zenith Advert
ADVERTISEMENT

Our Digital Network

  • PT Hausa
  • Election Centre
  • Human Trafficking Investigation
  • Centre for Investigative Journalism
  • National Conference
  • Press Attack Tracker
  • PT Academy
  • Dubawa
  • LeaksNG
  • Campus Reporter

Resources

  • Oil & Gas Facts
  • List of Universities in Nigeria
  • LIST: Federal Unity Colleges in Nigeria
  • NYSC Orientation Camps in Nigeria
  • Nigeria’s Federal/States’ Budgets since 2005
  • Malabu Scandal Thread
  • World Cup 2018
  • Panama Papers Game
  • Our Digital Network
  • About Us
  • Resources
  • Projects
  • Data & Infographics
  • DONATE

All content is Copyrighted © 2020 The Premium Times, Nigeria

No Result
View All Result
  • Home
  • COVID-19
  • News
    • Headline Stories
    • Top News
    • More News
    • Foreign
  • Investigations
  • Business
    • News Reports
    • Financial Inclusion
    • Analysis and Data
    • Business Specials
    • Opinion
    • Oil/Gas Reports
      • FAAC Reports
      • Revenue
  • Health
    • News Reports
    • Investigations
    • Data and Infographics
    • Health Specials
    • Features
    • Events
    • Primary Health Tracker
  • Agriculture
    • News Report
    • Research & Innovation
    • Data & Infographics
    • Special Reports/Features
    • Investigations
    • Interviews
    • Markets
  • Arts/Life
    • Arts/Books
    • Kannywood
    • Lifestyle
    • Music
    • Nollywood
    • Travel
  • Sports
    • Football
    • More Sports News
    • Sports Features
  • Projects
    • Panama Papers
    • Paradise Papers
    • Parliament Watch
    • AGAHRIN
  • Opinion
  • PT Hausa
  • The Membership Club
  • Dubawa
    • Dubawa NG
  • About Us
  • Advert Rates
  • Careers
  • Contact Us
  • Digital Store
  • DONATE

All content is Copyrighted © 2020 The Premium Times, Nigeria

Our website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
loading Cancel
Post was not sent - check your email addresses!
Email check failed, please try again
Sorry, your blog cannot share posts by email.