Subsidy protest: Jonathan cuts salaries of govt officials by 25 per cent

In a move to avert the impending Labour protests across the country on Monday, President Goodluck Jonathan, Saturday night, in a national broadcast. announced new policy measures to ameliorate the hardship on Nigerians occasioned by the removal of fuel subsidy.

President Jonathan said that some of the measures include; the cutting of salaries of all political office holders by 25 percent; the directive that all ministries, departments and agencies(MDAs)  to reduce their overheads; and reduction of all overseas travels by government officials to the bearest minimum in 2012.

The President also promised to sanitise the oil industries, just as he promised to launch by tomorow a robust mass transit programme, in partnership with states, LGs, transport owners and banking institutions with zero percent interest rate.

“To save Nigeria, we must all be prepared to make sacrifices.  On the part of Government, we are taking several measures aimed at cutting the size and cost of governance, including on-going and continuous effort to reduce the size of our recurrent expenditure and increase capital spending. In this regard, I have directed that overseas travels by all political office holders, including the President, should be reduced to the barest minimum. The size of delegations on foreign trips will also be drastically reduced; only trips that are absolutely necessary will be approved.

” For the year 2012, the basic salaries of all political office holders in the Executive arm of government will be reduced by 25%. Government is also currently reviewing the number of committees, commissions and parastatals with overlapping responsibilities. The Report on this will be submitted shortly and the recommendations will be promptly implemented. In the meantime, all Ministries, Departments and Agencies must reduce their overhead expenses.”

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To save Nigeria, we must all be prepared to make sacrifices.  On the part of Government, we are taking several measures aimed at cutting the size and cost of governance, including on-going and continuous effort to reduce the size of our recurrent expenditure and increase capital spending. In this regard, I have directed that overseas travels by all political office holders, including the President, should be reduced to the barest minimum. The size of delegations on foreign trips will also be drastically reduced; only trips that are absolutely necessary will be approved.

13.               For the year 2012, the basic salaries of all political office holders in the Executive arm of government will be reduced by 25%. Government is also currently reviewing the number of committees, commissions and parastatals with overlapping responsibilities. The Report on this will be submitted shortly and the recommendations will be promptly implemented. In the meantime, all Ministries, Departments and Agencies must reduce their overhead expenses.

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