We’re Managing To Pay Salaries, Facing Enormous Challenges – FG
The Federal Government on Thursday emphasized the need for non-state actors to complement its efforts in national and economic development saying it cannot bear the burden alone.
The government specifically admitted that it was facing enormous challenges and revenue deficit which has compelled it to manage to pay salaries.
The Minister of Budget and National Economic Planning, Senator Abubakar Atiku Bagudu, represented by the Director (International Cooperation), Dr. Sampson Ebimaro, stated these in Abuja during the 30th Annual Development Forum organised by Life Above Poverty Alleviation in Abuja with the theme, “The role of non-state actors in national development: A case study of LAPO.
According to him, the Government faces challenges especially now, that the government is facing g revenue deficit. There’s no money anywhere in the country, the government is just managing to pay salaries.
They noted that the growth rate is very slow and the population growth is fast pacing and increasing. unemployment is surging amid high inflation. These are issues which non-governmental organisations must take on board in helping the government to cover the space the government could not cover.
The event was also attended by a former acting Governor of the Central Bank of Nigeria, Dr Sarah Alade; a political scientist and lecturer in the Department of Political Science, Federal University, Otuoke, Dr Felix Oriakhi; and Founder/CEO, LAPO Group, Dr Godwin Ehigiamusoe.
