The Nigeria Governors Forum (NGF) has announced plans to reduce the salaries of political office holders as a means of reducing the huge overhead costs of state governments in the face of declining fiscal revenue.

The chairman of the forum, Abdulaziz Yari, announced the decision on Thursday after a 4-hour meeting at the Presidential Villa.

The forum said that it has plans to hold a round-table meeting with President Muhammadu Buhari to find a solution to the economic situation confronting the country.

The governors said that something must be done to address the revenue constraints confronting the economy, promising their commitment to ensuring that a new roadmap is worked out.

Credit: ChannelsTV