In view of the dwindling revenues in the nation’s economy, the Federal Government of Nigeria has on Tuesday said the 55th Independence Anniversary will be low-key.
This disclosure was made known by the Secretary to the Government of the Federation, Babachir Lawal, who was represented by the Permanent Secretary in the Office of the Secretary to the Government of the Federation, OSGF, Mrs. Ibukun Odusote while addressing pressmen.
According to the SGF, due to the state of the nation’s finance, this year’s anniversary must be low-key.
He further disclosed that President Muhammadu Buhari reluctantly approved N70m to be spent in organising the anniversary, after complaining that he would have preferred the money is diverted for the payment of workers’ salaries.
The SGF said Buhari had made it a policy that it would be unfair to spend so much in celebrating at the expense of ordinary Nigerians who are grappling with poverty.
He said: “this year’s celebration is, indeed low key because the present administration appreciates the economic hardship that Nigerians and the nation is confronted with today and he almost slashed it downward from N70m”.
“To address the situation, government has adopted a general policy to be very prudent in the management of our financial resources, so this year’s celebration is, therefore, in consonance with the cost-saving policy direction of this administration”.