The Oyo state government on Monday reduced the salaries of all political appointees in the state by 50 per cent.
The Secretary to the State Government, Mr. Olalekan Ali, disclosed this at a news conference held in Ibadan on Monday.
He said the decision was taken at the last Executive Council meeting in the state.
He also said that it was a measure to shore up the dwindling revenue base of the state.
The SSG further said that the state had been spending its monthly allocation from the federation account on payment of workers’ salary, which he said, stood at N5.2 billion.
He said; “The resources of government in the state dwindled as a result of the economic downturn.
“In July, the state’s monthly allocation was N4 billion, N3.8 billion in Aug., N3.5 billion in Sept. and N2.8 billion in Oct.
“Considering the dwindling allocation, the best is for state governments to look inward.
“This is why we are slashing the salaries of all political office holders,’’.
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