The Nigeria Governors Forum (NGF) has announced plans to reduce the salaries of political office holders as a means of reducing the huge overhead costs of state governments in the face of declining fiscal revenue.

The chairman of the forum, Abdulaziz Yari, announced the decision on Thursday after a 4-hour meeting at the Presidential Villa.

The forum said that it has plans to hold a round-table meeting with President Muhammadu Buhari to find a solution to the economic situation confronting the country.

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The governors also commended the Nigerian Communications Commission (NCC) for its strict enforcement of the law with regards to the over one trillion naira fine imposed on   telecommunications giant, MTN.

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The NCC had slammed a fine of 1.04 trillion on MTN Nigeriafollowing overwhelming evidence of non-compliance and disregard to the rules of engagement by the telecom company.

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The governors said that something must be done to address the revenue constraints confronting the economy, promising their commitment to ensuring that a new roadmap is worked out.

Source: Channelstv.com


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