Speaker Gbajabiamila Calls For ‘Deep Cuts’ In Cost Of Governance

Femi Gbajabiamila
Femi Gbajabiamila

Rt. Honourable, Femi Gbajabiamila has called for a deep cut in the cost of governance in Nigeria amidst the COVID-19 realities.

The Speaker made this call on Thursday at the beginning of the Medium Term Expenditure Framework (MTEF) and Fiscal Strategy Paper (FSP) revenue considerations with revenue-generating agencies; organized by the House of Representatives Committee on Finance.

Also Read: Insecurity: Nigeria Has Become Unhabitable For Citizens, Unattractive For Investors – Gbajabiamila

Gbajabiamila pointed out that there is a need to reduce the cost of governance to free up revenue for infrastructure development.

He expressed that this was the new reality with the country facing a fiscal crisis coupled with the COVID-19 pandemic.

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