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President Muhammadu Buhari has stated that the reason the FG cannot review salaries for civil servants is due to revenue constraints caused by crude oil theft which is affecting Nigeria’s revenue potential.President Buhari disclosed this on Friday after he received the Central Working Committee of the Association of Senior Civil Servants of Nigeria (ASCSN) at the State House, Abuja, on Friday, according to NAN.
He added that the Russian invasion of Ukraine has also led to price increases in costs of goods and services globally.
He said, “I wish to urge you to appreciate the revenue constraints being presently faced by government which is caused mainly by the activities of unscrupulous citizens through the theft of our crude oil, a major contributor to our revenue base.
“This is compounded by global economic downturn as a result of the on-going Russian-Ukrainian war, which has led to price increases not just in the costs of goods and services globally, but also in the transportation of these goods and services across the globe.
“You are also aware of the enormous burden placed on our finances by the COVID-19 pandemic.
“Furthermore, let me note the significant investment we have had to make in security over the last seven years, which means other sectors of the economy have not been able to receive as much funding as we would have liked.
Ondomind