Friday, December 7, 2012

Sanusi is right, FG must reduce personnel cost – Oshiomole

The governor of Edo State, Adams Oshiomole on Thursday called on the Federal Government to slash its overhead personnel costs for public officers by 50 percent.

Mr Oshiomole told a gathering in Abuja that the Central Bank Governor (CBN) governor, Sanusi Lamido Sanusi’s call for a reduction in the high cost of recurrent expenditure is not wrong however, the cut should be made from the excess spending of government officials and not the wages of workers.
He argues that the nation cannot continue to invest 80 percent of its budget on travel expenses of leaders and end up borrowing the remaining 20 percent left for capital projects.
Mr Oshiomole was speaking against the backdrop of the recent outrage sparked by Mr Sanusi’s call for a 50 percent downsizing of civil servants to reduce government spending.

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