Politics
Minister Bagudu Reveals: Tinubu Government Struggles To Meet Payroll Amid Financial Crisis
The Federal Government is grappling with substantial challenges and a revenue shortfall in the face of a growing population, according to the Minister of Budget and National Planning, Atiku Bagudu…CONTINUE READING....KINDLY READ THE FULL STORY HERE▶
Addressing the issue in Abuja on Thursday, Bagudu expressed his concern that the Federal Government is facing difficulties in meeting payroll obligations due to financial constraints.
He called upon non-governmental organizations to assist the government in areas where it faces limitations.
Bagudu further lamented the rapid increase in Nigeria’s population, pointing out the concurrent rise in unemployment alongside high inflation rates.
In his words, “The government is currently confronted with significant challenges. There is a revenue deficit, and financial resources are scarce. The government is barely managing to cover salary payments. Economic growth is sluggish, while the population is rapidly expanding. Unemployment is on the rise, and inflation remains high.”
This situation unfolds in the context of reports indicating that Tinubu has approved a wage increase of N35,000 for all federal civil servants.
Naira Under Pressure As Dollar Exchange Rate Sparks Fresh Market Tension
Fresh Controversy: ICPC Accused Of Preventing El-Rufai From Accessing Medical Care
Fresh PDP Crisis: Wike-Backed Leadership Threatens Legal Showdown With Turaki’s Faction
Why MFM Suddenly Suspended Vigils Nationwide And Imposed An 8pm Curfew
BREAKING: Supreme Court Clears Path For Former NSPM Boss’ Extradition To UK
Drama In Lagos APC As Tinubu’s Daughter Threatens Protest Over Primary Results
Full Text: President Tinubu’s 3rd Anniversary Address Shakes Nation
Why Ifeanyi Okowa’s Controversial Declaration May Not Survive Abuja’s Final Review
Full List Sparks Outrage — David Mark, Lamido Among June 12 Annulment Signatories
