Economy

I will recover every penny looted from Imo treasury – Uzodinma

The Imo State Governor, Senator Hope Uzodinma, has said that his government will recover to the last penny looted from state treasury by his predecessors. Governor Uzodinma stated this on Friday in Owerri while addressing stakeholders of the state including his deputy, Professor Placid Njoku. He said that his government, which is anchored on Reconstruction, Rehabilitation and Recovery, will ensure a sanitized system in the state where Imo taxpayers’ money is not taken by a few greedy individuals to the detriment of the large majority. “We have sanitized the civil service system and we won’t be having issues of ghost…
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Over 39 million Nigerians to become jobless, others will fall into extreme poverty – Osinbajo

Over 39 million Nigerians to become jobless, others will fall into extreme poverty – Osinbajo

Vice President Prof. Yemi Osinbajo, has said that over 39.4 million people may lose their jobs in Nigeria by the end of 2020, if the government “fails to take prompt preemptive measures.” The Vice President spoke on Thursday as he presented the post COVID-19 Economic Sustainability Plan to President Muhammadu Buhari at the Presidential Villa, Abuja. The post-COVID-19 Economic Sustainability Plan was embarked to mitigate the impact of the COVID-19 pandemic on country’s economy. Osinbajo added that, with a severe downturn in Nigeria’s oil earnings, the country would still have a shortfall of about N185 billion every month. The Vice President explained…
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Beyond the politics: Why Nigeria needs Atiku Pt2 – Kalu

Beyond the politics: Why Nigeria needs Atiku Pt2 – Kalu

For a long time now, even far before 2019 General Elections where I strongly supported the candidacy of Alhaji Atiku Abubakar to become the President of Nigeria, I really made a case to back my convictions and I am still here insisting that the believe that resurrected that faith has not died, it never wavers either. Significantly, I also always make bold to tell detractors that our efforts then was not borne out of quest for pecuniary ends as many are want to believe, but based on genuine believe in the reality that Nigeria can be fixed. Nigeria can get…
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Oshiomhole frustrated plans to remove fuel subsidy by Obasanjo govt – Atiku

Oshiomhole frustrated plans to remove fuel subsidy by Obasanjo govt – Atiku

Former Vice President and presidential candidate of the Peoples Democratic Party, PDP, in the 2019 general elections, Alhaji Atiku Abubakar, has accused the National Chairman of the All Progressives Congress, APC, Comrade Adams Oshiomhole, of resisting the removal of fuel subsidy during the administration of ex-President Olusegun Obasanjo. Atiku, who recalled that he headed the negotiations with the Nigerian Labour Congress, NLC, with Oshiomhole as the Chairman, said the current APC Chairman stood strongly against it. The Waziri of Adamawa was backing an earlier tweet by his Spokesman, Paul Ibe, which reads, “For the avoidance of doubt, the Obasanjo administration…
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State of the nation, the economy in near-comatose; Kalu offers ideas

State of the nation, the economy in near-comatose; Kalu offers ideas

The state of the nation has continued to generate discussions across board as a result of the near-no-governance and lopsided, directionless, nepotistic, and no security style of administration offered by the Buhari-led government. The truth remains that no matter how much we decide to shy away from speaking the truth about the conditions of our nation, it can never go away. 'It is a chameleon feces on which we have stepped upon, if you clean it cannot go', in the words of a great Ghanaian poet. On that note, I will commend Alhaji Umar who had sent and open later…
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