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Nigeria moves to review payrolls to cut cost of governance

The Nigerian government is looking to reduce its recurrent expenditure and has proposed a review of payrolls of public servants as well as the merger of some agencies to achieve this. Meanwhile, Budget Nigeria has raised awareness over some loopholes in the country’s 2021 budget. The firm says 316 capital projects amounting to 39.5 billion naira were duplicated in the budget. Joining CNBC Africa to discuss these stories and more are Chamberlain Peterside, CEO of Xcellon Capital Advisors and Femi Oladehin, Partner for Investment Banking at Argentil Capital Partners.

Thu, 06 May 2021 12:06:02 GMT
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