Akwa Ibom slashes salaries of political office holders — Nigerian Pilot News
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Akwa Ibom slashes salaries of political office holders

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Following the drop in revenue due to the coronavirus pandemic, the Akwa Ibom State government has slashed the salaries of its political appointees by 20 per cent.

In a statement issued by the Secretary to the Akwa Ibom State Government, Emmanuel Ekuwem, the government said that due to dwindling revenue the state had an option of retaining current salaries which may not be paid or slash it to the level it could afford to pay.

“In response to the prevailing economic realities of dwindling revenues, caused by the crash in the price of crude oil in the global market, Governor Udom Emmanuel, has painfully directed, the slashing of salaries of all political office holders by 20 percent.

“The Governor was confronted with an urgent need to take decision on either of two painful options: continue to pay the current salaries for a while and end up being totally unable to pay same subsequently or spread the discomfort (20% cut) sustainably over a period of time pending the return of crude oil price to normalcy in the global market.”

Mr Ekuwem said the slash in salary is temporary and that the government would resume payment of full salary “when this dark cloud passes”.

Akwa Ibom has multinationals like Mobil, an affiliate of the American oil giant, ExxonMobil, drilling oil in the state. And because of its contributions to Nigeria’s oil earnings, Akwa Ibom regularly receives more money from the federation account every month than most of the other 35 states and the Federal Capital Territory.

This is beside the revenue the state generates internally which has also gone down because of the pandemic.

There are 18 confirmed cases of the novel coronavirus in Akwa Ibom state as of May 18.

Oyo and Kano states are among the states that have slashed the salaries of public officials because of dwindling revenue.

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