Featured Finance

Financial expert urges governors to cut down cost of governance

A Financial Expert and Managing Director of Cyber1 Systems Network International, Mr Momoh Aliyu, has urged state governors to cut down cost of governance by engaging only a few aides.

Aliyu disclosed this in Abuja on Wednesday. He said governors must cut down the cost of governance by reducing the number of advisers and other political appointees.

According to him, it is important for governors to deviate from the old tradition of appointing hundreds and thousands of aides without engaging in meaningful development.

“The governors’ payroll cost is high, we must do everything possible to address that by cutting it. The governors should work towards spending what their states generate for operational cost while federal allocations are used for capital development,” he said.

The expert advised the governors to go into partnership with some international organisations for business development. He also enjoined them to key into agricultural development through the Anchor Borrowers’ Scheme of the Federal Government.

Related posts

Forex suspension to BDC’s, compounds economic woes 

Charles Okonji 

Reps confused as EFCC, AMCON fight on Diezani allies’ assets 

Our Reporter

FG to sanction oil companies over law violation

Our Reporter

Reduction in forex has no impact on petroleum pump price – Expert  

Editor

Seme Customs generate N1.95bn revenue in 2 months

Editor

Radio Kwara staff shut down station

Editor