Connect with us

Politics

Senate Will Make Key Recommendations on Economic Recession – Saraki

Published

on

saraki

The Senate President, Senator Bukola Saraki, yesterday in his opening speech to the Senators of the 8th Senate on their resumption from their annual break said that the Senate must be able to make key actionable recommendations to the Executive on way forward out of recession.

In Saraki’s opening speech to the Senators of the 8th Senate on their resumption from their annual break noted that ‘the collapse in oil prices from over $100 per barrel to about $48 recently meant the economy would experience weighty challenges’.

Sovereign savings have compounded the situation with foreign exchange reserves having declined from over $65bn in 2007 to about$30bn by 2015 and subsequently to $24.871bn on September 2016. he said.

The economy has drifted into recession and with GDP growth in the second quarter of 2016 at -2.06% following a decline of 0.36% in the first quarter, the economy has had consecutive quarters of economic contraction.

Senator Saraki said that the response of the Senators to the current challenge must be dictated by the urgency of the hardship that the people suffer on a daily basis. He suggested an urgent debate on the way forward.

He told his colleagues that in having such debate, they must resist the temptation of drowning the debate with apportioning blames that will neither bring solutions to the problem or reduce the cost of rice, maize or oil in the market.

Saraki insisted that the debate must be solution driven, people oriented and less political. The simple questions for the debate according to him must be; How do we tame the widespread hunger in the land? How do we save our businesses from collapse? and how do we save jobs for the majority and create even a little more?.

According to Saraki, “Our people don’t care about our politics, they don’t care about our political affiliations, they don’t care if we are APC or PDP, north or south. What they want according is for us to lead the way out of this crisis and deliver on the promises that we made to them”.

The Senate President expects that by the time the debate is concluded, the Senators must have been able to make key actionable recommendations to the Executive on what they noted as the way forward in the immediate, mid term and long term solutions to the economic situation.

Politics

Enugu LGA chairman appoints aides on garden egg, pepper, yam

Published

on

By

Eric Odo, chairman of Igbo Etiti LGA of Enugu state, has appointed Ezeugwu Ogbonna as senior special assistant on agriculture (yam and pepper).

The appointment is contained in a letter dated November 1 and addressed to Ogbonna.

“I am pleased to inform you that the executive chairman Igbo Etiti LGA has approved your appointment as senior special assistant to the local government chairman on agriculture (yam and pepper),” the letter reads.

“You should report to the executive chairman Igbo Etiti LGA, Ogbede, for briefing and deployment.

“It is pertinent to note that this is not a career civil service appointment but a temporary appointment which you hold at the pleasure of the executive chairman of Igbo Etiti LGA.”

Odo also appointed Nwodo Ugonna as special adviser on garden egg and pepper.

The council chairman did not outline the specific duties of the appointees.

Continue Reading

Politics

Ondo guber: Obi, NLC ruined my chances of winning, says LP candidate

Published

on

By

Ayodele Olorunfemi, candidate of the Labour Party (LP) in the Ondo governorship election, says Peter Obi and the Nigeria Labour Congress (NLC) ruined his chances of winning.

On Sunday, the Independent National Electoral Commission (INEC) declared Lucky Aiyedatiwa, candidate of the All Progressives Congress (APC), as winner of the poll.

The governor secured 366,781 votes in all 18 LGAs to defeat his closest rival Agboola Ajayi, candidate of the Peoples Democratic Party (PDP), who polled 117,845 votes.

The LP candidate secured 1,162 votes, finishing fifth from bottom in the 17-candidate off-cycle election.

On the eve of the election, INEC substituted Olusola Ebiseni with Olorunfemi.

On September 27, the federal high court in Abuja directed INEC to recognise Ebiseni as the LP candidate.

The party appealed the ruling, and the appellate court struck out the earlier judgment for lack of jurisdiction.

The umpire said it had restored Olorunfemi’s name as the LP candidate in line with the court judgment.

“The commission was yesterday 14th November 2024 served with the certified true copy (CTC) of the judgment of the court of appeal which set aside the judgment of the federal high court (FHC), Abuja division,” the statement reads.

“In obedience to the court order, the commission has restored Olorunfemi Ayodele Festus, whose name was first published as the Labour Party candidate for the 2024 Ondo state governorship election, and uploaded the same to our website for public information.”

In the buildup to the election, Obi endorsed Ebiseni and described him as “someone who believes in a Nigeria rooted in fairness, equity, and justice”.

“It is this conviction that propelled me to travel by road to Ondo state yesterday to campaign alongside our Labour Party Governorship Candidate, Hon. Sola Ebiseni — a candidate I believe possesses the competence and capacity to govern the State effectively,” Obi said.

‘THEY SCUTTLED MY ASPIRATION’

Speaking with PUNCH, Olorunfemi alleged that Obi and NLC sabotaged his governorship bid.

He admitted that his last-minute campaign was poorly organised and ineffectual.

“My campaign for the election was neither here nor there. I have Peter Obi and the NLC to thank for that. They have scuttled my aspirations and chances to win this Ondo election,” Olorunfemi said.

“These people spoilt things for us with that PDP reject they wanted to force on the party. Their insistence on having Ebiseni on the ballot ruined everything for me.

“They just capitalised on the crisis between the Labour Party and the Nigeria Labour Congress to create problems.

“Can you imagine that Ebiseni wrote a letter to the court in my name without my knowledge, saying I have withdrawn from the race? They cannot exclude me from such a position.”

Olorunfemi admitted that he knew his chances of winning were slim after his reinstatement, adding that he is determined to “get his pound of flesh”.

Continue Reading

Politics

‘He wanted me to succeed him’ — Aiyedatiwa dedicates victory to Akeredolu

Published

on

By

Lucky Aiyedatiwa, Ondo state governor-elect, says he wishes Rotimi Akeredolu, his late principal, was alive to witness his victory.

Aiyedatiwa, the incumbent governor of Ondo, secured victory in all 18 LGAs, garnering 366,781 votes to defeat his closest rival, Agboola Ajayi of the Peoples Democratic Party (PDP), who polled 117,845 votes.

Aiyedatiwa took over the leadership of the state after Akeredolu died from protracted prostate cancer in 2023.

Speaking in an interview on Channels Television after his victory, Aiyedatiwa said Akeredolu wanted him as his successor.

“How I wish he was present in that banquet hall when I was declared in the company of other brother governors. That would have been really good, but God knows better,” he said.

“It is so sad and painful that he didn’t live to see the manifestation of what he himself spoke about. I do refer to him sometimes as the man who saw tomorrow.

“He knew that I was going to succeed him as governor. He knew because he wanted me to and was ready to give me the full backing.”

Continue Reading

Bodex F. Hungbo, SPMIIM is a multiple award-winning Nigerian Digital Media Practitioner, Digital Strategist, PR consultant, Brand and Event Expert, Tv Presenter, Tier-A Blogger/Influencer, and a top cobbler in Nigeria.

She has widespread experiences across different professions and skills, which includes experiences in; Marketing, Media, Broadcasting, Brand and Event Management, Administration and Management with prior stints at MTN, NAPIMS-NNPC, GLOBAL FLEET OIL AND GAS, LTV, Silverbird and a host of others

Most Read...