‘Cutting governance cost’ll not solve revenue problems’ - Punch Newspapers

The Director General of the Budget Office of the Federation, Ben Akabueze, on Tuesday said cutting budget allocations to Federal Government agencies would not have a significant impact on Nigeria’s revenue.According to him, allocations to the legislature account for less than one per cent of the total budget for the year and as such, reductions won’t solve revenue problems.

“Some people have said that we pay the legislature too much. Let’s concede that that is the case; the total budget of the National Assembly is N128bn. If I make that zero, this year we have a N13.6tn budget; so, N128bn is less than one per cent. So, how does that move the needle? He also noted that the public service was not bloated, as the total number of public servants was small when compared to the country’s overall population.Buhari regime’s second recession: Cut governance cost, aid production, diversify, experts tell Federal Govt

It is called austerity measures. It will surely work if worked towards with relative sincerity..

It will immensely.....also will pave way 4 service men nt hustler dat want to sit nd cashout without d accumen to think and generate revenue, pple with genuine intentions re scared of the political land scape ie the hi & might who will nt stop at anytin to remain in power

It will a great deal... No dey talk like mumu

It will solve abeg make them try it's not a small money

You see the problem. Change or amend constitution no, restructure no, cost government cost no, electoral reforms no, what then is the yes. SaveDemocracy

You are ment

But cutting civil servants salary or owing them will solve the problem.

But let's start from somewhere.

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