You're spending too much on overheads, Obasanjo warns Presidency, lawmakers
Former President, Olusegun Obasanjo has urged the federal government and the National Assembly to reduce the cost expended on payment of overheads and salaries.
Obasanjo made the call in Ibadan at the public presentation of a book entitled, “I am Kagara: I Weave the Sands of Sahara,’’ written by Mark Nwagwu, a retired Professor of Molecular Biology.
The former President said that government spending on overheads, salaries and allowances in the face of the prevailing economic situation would not boost the socio-economic development of the country.
“Ninety per cent of our revenue goes to pay overhead, allowances, salaries and not much is left for capital development.
“We are not going to develop this way and we will only have ourselves to blame.
“It is even worse with the National Assembly, they are one of the highest paid legislatures in the world.
“We have 75 per cent of our population living in abject poverty, yet these people have refused to cut down their earnings.
“We must speak out to get corrected when we err, the behaviour and character of the National Assembly is one that should be condemned,” he said.
Comments
Be the first to comment on this post
Leave a Reply