The Federal Government has placed an embargo on all recruitments.
Zainab Ahmed, the minister of finance, budget, and national planning, disclosed this while speaking with journalists after the Federal Executive Council, FEC, meeting,Wednesday,March 18, 2020.
On salary payment, she said the federal government would continue to pay salaries and would not sack workers but place embargo on recruitment exercises and replacement.
“The president has directed that salaries and pensions must be paid unfailingly. So, we are not looking at downsizing in any way. We are maintaining our workforce as it is. But we are just stopping the increase in the size of the nominal roll,” the minister said. Mrs. Ahmed also spoke on a number of measures approved by the FEC to cushion the effects of the Coronavirus pandemic on the nation’s economy.
“On recruitment, there is already an instruction to stop recruitment,” Ms. Ahmed said.
“What the agencies have been doing is a replacement but even that is being suspended. When things improve, we will go back to the issue of recruitment. But for now, our wage bill is already very high.
She said “it included the introduction of the PMS price modulation mechanism, the cutting down on the size of the federally funded upstream projects of the petroleum sector, and the reduction of the crude oil price from the $57 per barrel budgeted to $30”.
The measures also included the amendment of budget projections so that the Medium Term Expenditure Framework reflects the current realities, the cutting down of expenditures, the enhancement of production at the minimum 2.18 million barrels, the adjustment of customs revenue, the review of the modalities for the implementation of the social investment program and the non-essential tax waivers to realize more revenue.