A statement credited to Zainab Ahmed, Minister of Finance and National Planning that the Federal Government was working to reduce the high cost of governance by cutting down on the salaries of Nigerian workers is indeed laughable as well as shocking. The response of the Nigeria Labour Congress to this statement by the minister is considered very apt.
Over the past six years since the Buhari administration came into power and were confronted with volatility in the global oil market, calls have come from very well meaning Nigerians on the need for government to cut the cost of governance as a short to medium term strategy to come out of the economic crisis. References were made of the humongous cost of governance. Government actually turned a deaf ear to all the prodding from these stakeholders to act swiftly in this direction.
All these increases have grossly diminished the purchasing power of every worker on fixed income in the country and since 2015. Nigerians have been getting poorer and poorer since Buhari came into power in 2015. What was the price of a bag of rice in 2015? What of other basic food items such as yam, garri, tomatoes, pepper, even the ordinary man’s “pure water” that was N5 per sachet in 2015 is now N20.
The reduction in the perquisites of political office holders is the way to go. This also includes the President himself who has been flittering away public funds in unnecessary medical tourism. It’s a familiar terrain of government always seeking the easiest way out of economic problem, usually by pushing the buck to hapless workers. Government at all levels have been known to be reluctant to cut their costs and embrace some sacrifice.
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