Thank you @BudgITng. According to our constitution, the 36 states' Governors and the CBN Governor are important members of the National Economic Council. It's about time the @NGRPresident brought them all together to have a robust plan moving forward as this #Oilcrisis... https://twitter.com/budgitng/status/1252524068752015360
lingers. This should also include the @nassnigeria leadership. The focus should be on how an already bad situation won't become worse. I can imagine how hard it would be to find alternatives for foreign exchange earnings and revenues to implement our budget this...
moment. With the high rate of unemployment and large no of impoverished citizens in the country, I expect a lot of sacrifices to be made by all political/public officers at all levels of government. There should be a cut down on emoluments of all serving officers in...
the president's & Governors' cabinets and also the federal & states' legislatures. This should be done to reduce recurrent expenditure and cost of governance. States' Governors especially should be implored by the presidency to cut down on superfluous expenses so that...
civil servants don't suffer this period. State resources should be used juduciously at this moment if FG allocations are not assured in the long term. This would show the Nigerian masses that the governments are with them. We also need a budgetary revamp in which all...
inessentials are withdrawn. I believe we are not subsidizing fuel consumption at the moment, so the earmarked funds for that should go into key sectors of the economy like education and health. This is the time to distrubute the little we have fairly across the country...
so that the Nigerian masses don't suffer.
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