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Daily Post Nigeria Published As a way of coping with the current economic situation in the country, Ekiti State Stakeholders on Tuesday agreed with the state government on measures to be put in place to cut government spending as a way of bailing the state out of current economic challenges occasioned by downturn in the global economy. This is as the state Governor, Dr Kayode Fayemi, disclosed that his administration would not sack any worker despite the cash crunch being experienced in the state, despite the need for cut in government spending. Both the governor and stakeholders, however, agreed on some cost-saving measures including reduction in subventions to higher institutions in the state, cutting or total stoppage of running grants to offices, and discontinuation of the consequential adjustments of the minimum wage for senior category of workers as well as ramping up of tax collection in a bid to shore up Internally Generated Revenue (IGR).

Ekiti stateIlawe ekitiAdetiloye hallKolapo olatundeEdward olanipekunKayode fayemiFelix ajakaiyeFunminiyi afuyeOba adebanji ajibade alabiOtunba bisi egbeyemiSpeaker of the house assemblyEkiti catholic dioceseEkiti state universityEkiti state council of traditional rulersNigeria labour congressEkiti state stakeholders