The Niger State Governor, Mr Abubakar Bello has promised he will no longer borrow money to pay salaries of workers in the state.
The Governor, who made the declaration at a stakeholders meeting held at the Government House, Minna, seized the opportunity to the state civil servants to be prudent in resource management.
He further stated that some issues in the state were crucial and needed to be treated and explained that one of the major sources of revenue for the state is the monthly statutory allocations from the Federation Account and the Internally Generated Revenue which the Federal Government has reduced drastically.
The Governor, who told the stakeholders in attendance at the meeting that in the past seven years, the state was receiving between N5 billion to N11 billion allocation, but noted that recently, the state receives far below N2 billion monthly due to the reduction of crude oil price at the international market.
He also noted that the monthly allocations fell due to the vandalization of crude Oil flow stations in the creeks of the Niger Delta region by militants.