The Federal Government has said it is facing enormous challenges and revenue deficit amid a growing population.
The Minister of Budget and National Planning, Atiku Bagudu, lamented that the Federal Government was struggling to pay salaries because there is no money.
He urged non-governmental organisations to help the government to cover the spaces it could not.
He also lamented that Nigeria’s population is fast increasing, adding that unemployment is surging amid high inflation rate.
According to the minister: “Government faces enormous challenges especially now; the government is facing a revenue deficit. There is no money anywhere in the country; the government is just managing to pay salaries.
“The growth rate is very slow and the population growth is fast pacing and increasing. Unemployment is surging in the midst of high inflation.”
This is coming amid reports that Tinubu has approved a wage increase of N35,000 for all federal civil servants, effective from 1 September 2023. This information was contained in a memo from the Presidency signed by the Chairman and CEO of the National Salaries, Incomes, and Wages Commission, Ekpo U. O. Nta.
The circular, dated 19 October 2023, was directed to various high-ranking individuals and entities within the government system.
Dailypost/Adegoke Ayomide
