COVID-19: We won’t sack workers — Lagos

By somchi • 2 days ago • 5443 views • 1921 comments
COVID-19: We won’t sack workers — Lagos

The Lagos State Executive Council yesterday approved the revision of the state’s 2020 budget from N1,168.6bn earlier approved by the state House of Assembly in December 2019 to N920.5bn. 

The review was in response to the Coronavirus pandemic which has triggered global economic downturn. 

According to the state Commissioner for Economic Planning and Budget, Mr. Sam Egube, the review represents 21 percent reduction in the previous estimate. 

While briefing newsmen at the state secretariat Alausa, the Commissioner explained that the COVID-19 pandemic has metamorphosed into economic pandemic which has necessitated the “reordering” of the budget.

The reviewed budget is expected to be transmitted to the state House of Assembly for consideration and approval. 

The commissioner was however quick to allay fears of civil servants, assuring that the government would not sack any worker as the personnel cost remains the same. 

The state government which relies mostly on internally generated revenue expects a drop in revenue by 24 per cent due to the slow down in economic activities occasioned by the COVID-19 pandemic.

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