June 15, 2024

FG Bemoans Lack of Funds, Says It Is Managing To Pay Salaries, Calls On NGOs To Assist



By JP Ashedzi


At an event in Abuja on Thursday, October 19, the minister of budget and national planning, Atiku Bagudu, while addressing the audience stated that there’s no money anywhere in the country and that the government is just managing to pay salaries.


This is due to an information he disseminated that the Federal Government is facing enormous challenges and revenue deficit in the midst of a growing population.


The minister, therefore, called on non-governmental organisations (NGOs) to help the government to cover the spaces it could not.


“Government faces enormous challenges especially now; the government is facing a revenue deficit. There is no money anywhere in the country; the government is just managing to pay salaries.


The growth rate is very slow and the population growth is fast pacing and increasing. Unemployment is surging in the midst of high inflation,” he said.

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