The presidency by way of Bayo Onanuga has stated that Nigeria is poor.
In keeping with him, the nation's wealth is overestimated.
READ ALSO: Price of residing disaster: Senate meets Cardoso and Tinubu's financial crew
Particular Adviser on Info and Technique to the President Bayo Onanuga stated this in a brand new interview on Monday.
He stated Nigeria continues to be a really poor nation given its low per capita revenue in comparison with different African international locations.
“Nigeria is actually a really poor nation. I feel our wealth is overestimated.” he stated.
READ ALSO: ₦1 Million May Be The New Minimal Wage If Naira Depreciation Continues – NLC President, Joe Ajaero
On the state of the Nigerian financial system and the federal government's efforts to make sure stability, the presidential aide stated: “I feel we have now a poor estimate of the wealth of the nation, we’re a really poor nation.”
In keeping with him, with the elimination of subsidies on petrol and the unification of the change fee, the federal government will achieve this “hopes that the stress on our funds will lower.”
In the meantime, Onanuga debunked claims that the Tinubu-led authorities nonetheless owes emoluments to its federal workers.
“The workplace of the AGF has stated that there’s a problem with the platform used to pay salaries.
“In keeping with a briefing I obtained this morning, salaries have certainly been deferred, however all federal workers have been paid.” he added.
Photograph credit score: Getty
Associated