Oyo state government slashes appointees salaries By 50% with immediate effect

Following the continued drop in state revenue, the Oyo State Government yesterday announced the slash in the salaries and arrears of all its political appointees by 50%. Secretary to the State Government, Olalekan Ali, disclosed this at an Inter-Ministerial Press briefing at the State Ministry of Information’s Film Theatre yesterday November 7th after the state Executive Council meeting.

“The last Executive Council meeting approved a 50% cut in the salaries and arrears of political appointees in Oyo State, to reflect the current economic situation borne out of the dwindling financial situation in the country, while all government spending will also be reduced by 50%. All these will take effect immediately”he said

This post first appeared on Linda Ikeji's Blog. Read the original story here.