By Idowu Abdullahi,
The Ekiti State Government has disclosed that plans had been concluded to slashed the salaries of Governor Kayode Fayemi; the Deputy Governor, Bisi Egbeyemi, and all political appointees in the state by fifty percent.
It explained that the economic effects of the coronavirus induced lockdown and subsequent closures of business activities which affected the state economy had necessitated the pay cut directive.
The state’s Commissioner for Information and Values Orientation, Muyiwa Olumilua, said the governor gave the directive, which takes effect immediately, after careful consideration of the state’s financial institution owing to the ravaging effects of the deadly respiratory disease in the country.
Olumilua, through a statement released to newsmen on Tuesday, said the pay cut which is not inclusive of civil servants in the state will be used for execution and completion of developmental projects as earlier outlined in the state’s budget.
“The global economy has been severely affected and it has affected Nigeria’s economy as a nation and expectedly, Ekiti. As a responsive and responsible government, we have taken stock of our financial situation. This sacrifice is for the welfare of Ekiti people above all other considerations.
“This is vis-a-vis the constantly decreasing receipts from the federation account, as well as the state’s dwindling internally generated revenue (IGR), and has, therefore, been forced to wake up to the current realities of the state’s fiscal position,” the statement read.