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How states can avoid economic crisis – Osinbajo

Vice President Yemi Osinbajo has listed steps state
governments must take to avoid economic crisis, requiring
Federal Government’s intervention again.

A statement by his Senior Special Assistant on Media and
Publicity, Mr. Laolu Akande, on Wednesday quoted Osinbajo
as giving the ways out during an interactive session he held
with Nigerians based in Addis Ababa, Ethiopia.

The Vice President said the state governments must do
more to increase internally generated revenue.

He also urged them to put workers salaries in the first line
charge in their expenditure.

Besides, he stated the need for states to clean up their
payrolls to ensure that ghost workers were eliminated.

Another plan he disclosed is to ensure that all state
governments have a vibrant Debt Management Office, while
ensuring a general atmosphere of transparency and
accountability in their public expenditures.

Osinbajo told the gathering that a new Nigeria was
emerging, which would require the commitment of all

He said, “There is so much hope and expectations. A new
Nigeria is happening, we are going to see a new Nigeria.

“The reason why I am so convinced is because everyone of
us, one way or the other, believe that there should be a

“I am not saying those who voted for President
Muhammadu Buhari and myself only, even if it was the
other government, everyone of us expected some kind of

Osinbajo said Nigeria deserved the best and did not deserve
what it had got for so many years.

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Posted By Bobricky On 08:45 Wed, 15 Jul 2015

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