Home Latest News FG borrows N600bn monthly to augment staff salaries – SGF

FG borrows N600bn monthly to augment staff salaries – SGF

The Federal Government borrows internally over N600 billion on average each month to pay salaries of its workforce adding that with the way things are going many of the 36 states may not be able to pay salaries in the next three to four months.
Secretary to the Government of the Federation, SGF, Mr. Babachir Lawal made the disclosure Tuesday in Jos where he represented President Muhammadu Buhari at the opening ceremony of the 63rd General Church Council meeting of the Evangelical Church Winning All, ECWA.
He urged all faith-based organizations and traditional institutions to sensitize the citizenry on the need to exercise patience in the hardship that is currently being experienced by all as stressing that though this administration inherited a country that was robbed to the last coffers, it will be revived within a short time.
The SGF lamented that the present administration inherited an ailing economy that must be nurtured for sometime before it stabilizes and assured citizens that with the desired cooperation, the country would come out of the slum and assume its rightful place as the most populous black nation.
Meanwhile, the Methodist Church Nigeria, has urged the Federal Government to urgently halt the perennial fuel scarcity that has adversely affected economic activities across the country.
Rt. Rev. Lawson Elom, the Methodist Bishop of Abakaliki Diocese, made the call in his State of the Nation address during the 22nd Annual Synod, on Tuesday in Abakaliki.
He said the fuel situation in the country has subjected the people to untold hardship.
“No leader has satisfactorily explained the cause of the scarcity, as the oil which God used in blessing the country has turned into an essential commodity. Many car owners have parked their cars due to the scarcity. Nigeria has the financial capabilities to revamp its refineries to refine locally produced crude oil,” he said.
He urged the Federal Government to address the menace of Fulani herdsmen in many parts of the country. “The activities of the herdsmen recently are gradually taking a national course which needs to be halted by the Federal Government. Government’s intervention will prevent an impending inter-tribal conflict, as the police in particular have raised alarm of such activities especially at Agatu community of Benue,’’ he said.
In his address, Prelate of the Methodist Church Nigeria, His Eminence, Samuel Uche, urged Nigerian leaders and the people to pray fervently for God’s intervention in the problems confronting the country. “The country is confronted with issues of insecurity, ethnic and religious fanaticism, economic recession, balkanisation threat by some groups, among others.
“Government at all levels should create the enabling environment for the resuscitation of the economy which would enable the youths in particular to be self-reliant,” he said.
The News Agency of Nigeria (NAN) reports that the theme of the conference is: ‘Chosen to Bear Fruits,’ while issues concerning the growth of the church in the state and country was also discussed.

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