Unpaid Salaries: State Governors Disregard The Budget - Prof Bello Part 1 -- 19/06/15
June 19, 2015
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7:47Now PlayingUnpaid Salaries: State Governors Disregard The Budget - Prof Bello Part 1 -- 19/06/15
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as posted by the channelThe team leader of the European Union Support for Federal Government Reforms, Professor Olaseni Akintola-Bello, says the inability of some state governments to pay salaries is as a result of the Governor's disregard for the state's budget.
He said that the scissors crisis situation, where expenditure rising faster than revenue, requires some fiscal reforms.
Professor Bello Stressed the need for the Governors to understand the budget very well.
"If you look at the budget, you have the recurrent revenues and the recurrent expenditure. There are two aspects of the budget and one aspects are discretionary while other are non-discretionary.
"Capital expenditure are discretionary while payment of salaries and pensions are non-discretionary," he said.
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