Atiku reacts to resolution of Home of Reps to take 50% wage minimize

Former Vice President of Nigeria, Atiku Abubakar, has recommended the sacrifices of members of the Home of Representatives as they determined to cut back their salaries by 50% for six months as an illustration of solidarity and shared sacrifice with the Nigerian people who find themselves at present experiencing financial challenges and meals insecurity.

He emphasizes that that is merely a drop within the ocean of Nigeria’s fiscal challenges.

In a press release on his X account, the ex-vice president pressured that the core challenge lies inside the allowances of lawmakers and authorities officers, not their salaries.

Atiku expressed issues over the much-trumpeted implementation of the Oronsaye Report, noting the ballooning of MDAs with the attendant price implications.

He argued that there’s an excessive amount of wastage and prioritisation of non-essential expenditures in authorities.

In keeping with him, what’s fascinating is an across-the-board minimize in bills, stressing that Nigeria can now not afford to borrow cash to fund continued irresponsibility in authorities.

‘’The sacrifice of members of the Home of Representatives is commendable. However it’s a drop within the ocean. The demons are within the allowances and never the salaries of lawmakers and authorities officers typically. No matter occurred to the much-trumpeted implementation of the Oronsaye Report? Lately, the ballooning of MDAs with the attendant price implications has been noticed. There’s an excessive amount of wastage and prioritisation of non-essential expenditures. What’s fascinating is an throughout the board minimize in bills. We are able to now not afford to borrow cash to fund continued irresponsibility in authorities.”

The Oronsaye Report

The Oronsaye Report highlights the excessive price of governance in Nigeria, which continues to pressure the nationwide finances. By addressing these inefficiencies, the federal government would be capable of allocate sources extra successfully and cut back pointless expenditures

What it’s best to know

Earlier as we speak, members of the Home of Representatives unanimously agreed to a big gesture of solidarity amidst Nigeria’s financial challenges and meals insecurity. They’ve determined to cut back their salaries by half for a interval of six months.

• This resolution was made throughout a plenary session presided over by Speaker Tajudeen Abbas, with Deputy Speaker Benjamin Kalu proposing an modification to cut back lawmakers’ month-to-month wage of N600,000 by half.
• The initiative was influenced by Rep. Isiaka Ayokunle’s name for dialogue over protests, aiming to assist authorities efforts in controlling meals costs and assuaging monetary pressure on Nigerians.
• Deputy Speaker Kalu emphasised the significance of collective motion and shared sacrifice throughout these robust instances, highlighting the impression of such measures on the federal authorities’s meals safety initiatives.
• Internationally, the US has invested almost $200 million in Nigerian meals safety initiatives over the previous 5 years, together with $150 million in grants to thirty-three Nigerian firms and $22 million in Nigeria’s cocoa worth chain.
• The United Nations can be mobilizing $306 million to fight meals insecurity in North-East Nigeria, aiming to assist hundreds of thousands going through extreme meals shortages from June to October.

Backstory

• Some Nigerians have been mobilizing by means of social media to stage a nationwide protest towards the present financial hardship within the nation starting from August 1 to 10, 2024.
• The protest, which is at present gaining traction within the North and different elements of the nation, is aimed toward drawing the eye of governments in any respect ranges to the plight of the residents.
• For the reason that present administration took off in Might 2023 when President Bola Tinubu introduced the abolition of gasoline subsidy, there was an untoward hardship within the nation.
• This has led to requires the reversal of some insurance policies of the federal government believed to have birthed the hardship.
• Whereas a few of the organizers, notably from the northern area, stay nameless, the 2023 presidential candidate of the African Motion Congress, AAC, Omoyele Sowore has been campaigning for the August protest by way of his social media handles.

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