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Reps Says The Task Of Reclaiming Nigeria’s Economy Is Most Critical

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By Gloria Ikibah

The Chairman of the House of Representatives has said that the task of reclaiming Nigeria’s economy and resetting it on the path of sustainable growth and development after several years of failure to do the needful is a most critical challenge.

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This is as the Chairman, House Committee on Monitoring, Evaluation and Implementation of the Legislative Agenda, Rep. Patrick Umoh, reiterated that the President Tinubu’s administration was truly committed to addressing the economy in line with the Renewed Hope Agenda and Legislative Agenda of the 10th House of Representatives, particularly Agenda No. 4.

Rep. Umoh stated that Nigeria was potentially positioned to serve as the green, blue and digital hub of Africa, due the enormous endowment of green, blue and digital resources, available in the country.

The committee chairman disclosed this at a press conference on the “Post National Roundtable On The State Of The Economy” with emphasis on an enthralling need for diversification with special focus on green, blue and digital economy.

He said the unsustainability and precariousness of Nigeria’s mono-cultural oil-dependent economy cannot be over-emphasised, particularly in the light of current economic challenges precipitated by the dynamics of the international oil market and the accelerating global transition to a net-zero carbon/non-fossil economy.

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He further said the state of the economy today depicts the paradox of a nation whose matchless potentials and opportunities for greatness are clearly at variance with the sad realities of plummeting inflation, unemployment, food and social insecurity and other indicators of an economy in distress.

Rep. Umoh highlighted that the National Assembly has in pursuance of its constitutional mandate, made a number of interventions both at Plenary and Committee levels towards the resolution of our national economic challenges.

He said: While these interventions are indeed, yielding positive results, the need for a strategic stakeholder’s engagement, collaborations and contributions in this regard cannot be over- emphasised.

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“It is against this backdrop that the House Committee on Monitoring, Evaluation and Implementation of Legislative Agenda and the leadership of the House agreed to host this National Roundtable on the State of the Economy with the theme,”Economic Diversification: from Agenda to Action through the Unlocking of New Vistas of Opportunities in the Green, Blue and Digital Economy”.

 

He explained that the National Roundtable which held on the 15th of July, 2024, provided a veritable platform for stakeholders in Nigeria’s economic development to holistically appraise and address the country’s economic challenges and proffer workable solutions, particularly through the harnessing and maximisation of green, blue and digital resources.

“I have no doubt that those of you -Gentlemen of the press who covered this event would concur that this Roundtable was a monumental success.

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“The Committee remains highly appreciative of all the esteemed Speakers, Resource Persons and Stakeholders who graced the event inspite of their tight schedules. This is a validation of the great value which Stakeholders attach to the subject matter of this Roundtable.

“The participants at the Roundtable cut across all the relevant sectors including the Government- the Honourable Members of the National Assembly, the relevant Ministries, Departments and Agencies of the Federal Government, the Organised Private sector, the Academic Community and the civil Society.

“The contributions of our development partners- Konrad Adenaeur Stiftung and Afrexim Bank towards the success of the Roundtable are worthy of appreciation.

“The Resolution of the Roundtable through the Communique for the hosting of other Roundtables on the specific subject matters of Green Economy, Blue Economy and Digital Economy aligns with the Committee decisions to host series of Roundtables quarterly on the Strategic issues and the priority areas in the Agenda of the 10th House of Representatives”, he noted.

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I Can’t Feed My Family Again; I Make N20,000 Daily But Spend N17,000 On Fuel — Taxi Driver Laments

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Despite earning N20,000 daily, Ajibaye says he takes home only N3,000 after fuel expenses, leaving him unable to cater to his children and wife.

A commercial driver identified as Wahab Ajibaye based in Ilorin, Kwara State has expressed frustration over the rising fuel prices, saying it has left him struggling to provide for his family.

Despite earning N20,000 daily, Ajibaye says he takes home only N3,000 after fuel expenses, leaving him unable to cater to his children and wife.

He said: “I am buying fuel for N1100 and I make N20,000 (daily) but I take only N3,000 with me to my house (after work). I am the owner of my car but I am no longer making enough to cater to my children and my wife. The All Progressives Congress (APC) government will not end well. Nigeria is becoming worse and we pray God takes away this set of current leaders.”

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Ajibaye blamed the ruling APC government for the hardship faced by Nigerians, saying, “Their government is bringing more suffering. They’re not ashamed, despite many Nigerians cursing them. They should rethink.”

The ruling All Progressives Congress (APC) had recently agreed that the policies initiated by President Bola Tinubu resulted in growing economic hardships in Nigeria.

The party in a statement issued by the party’s National Publicity Secretary, Barrister Felix Morka had said this, while responding to a former national vice chairman (North West) of the party, Salihu Mohammed Lukman.

Recall that Lukman had berated the party for bad governance, adding that former President Muhammadu Buhari and incumbent President Bola Ahmed Tinubu have failed to deliver on their campaign promises.

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Lukman, therefore, urged opposition leaders to unite and work hard to defeat the APC-led government in 2027.

But reacting, Morka in a statement on Tuesday argued that President Tinubu was taking bold measures to reset the country’s “long broken economy”, explaining that his reforms had increased economic hardship in the country.

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LASG shuts down Idera market over ‘environmental pollution

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By Kayode Sanni-Arewa

The Lagos State Environmental Sanitation Corps (LAGESC) says it has sealed off the Idera market in the Oshodi metropolis.

In a statement on Thursday, Ajayi Lukman, LAGESC spokesperson, said the agency sealed the market due to unhygienic practices and indiscriminate dumping of refuse, which contravened the environmental law of the state.

He said the measure was taken to enforce adherence to environmental cleanliness across registered markets in the state.

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‘‘Our operatives stationed across the Oshodi division during routine market monitoring identified the filth, unhygienic practices, and indiscriminate dumping of refuse around the Idera Market area, which prompted us to seal off the market until further notice,” the statement reads.

Lukman quoted Olaniyi Cole, the corps marshal of the agency, as decrying the level of hygiene at the market, which could lead to an outbreak of diseases.

He said Cole frowned at the inability of the market leadership to provide a valid waste collection contract, which resulted in the heaps of refuse in the facility.

He added that the display of wares for sale on road setbacks, lay-bys, medians, verges, kerbs, street trading, and hawking remained banned in the metropolis.

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The LAGESC corps marshal reiterated the ban on the sales, distribution, and usage of styrofoam in the state, noting that anyone found culpable would be punished decisively.

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Hours to Edo guber polls, major opposition candidate crumbles structure for Ighodalo

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By Kayode Sanni-Arewa

Hours to the Edo State governorship election, the guber candidate of the All Peoples Party (APP)Amb Osalumese Areloegbe on Thursday morning collapsed the structure for the governorship candidate of the Peoples Democratic Party (PDP), Dr. Asue Ighodalo and his running mate, Osarodion Ogie Esq.

Addressing journalists at the party secretariat in Benin City, Areloegbe said his decision to collapse the structure for the PDP candidate was because he believed that Ighodalo had all it would take to govern the state to greater heights.

According to him, I urged all my followers and supporters to disregard any information that I have aligned with the All Progressives Congress (APC) governorship candidate, Senator Monday Okpebholo.

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“I am supporting Asue Ighodalo because he is competent, not that I am not competent but I believe Asue is on the forefront. That is my reason for supporting his candidacy.

“My party is aware because they have been having a series of negotiations for us to align with the APC, and I told them categorically that I am supporting PDP. My eighteen local government followers are in full support of my decision, I mean 100 per cent supporting the PDP candidate, Barr. Asue Ighodalo and his running mate, Barr. Osarodion Ogie in this election.

“My choice for Asue Ighodalo is because, apart from myself, I see him as the next better candidate that I can support and I can put my weight on because he has the capacity, mentally, physically and otherwise to pilot the affairs of Edo State to greater heights.

“The national secretariat of my party, APP – they are in Abuja and I am in the state, and know much more of what is happening in Edo State. They are not here and don’t know what is going on here in Edo. And I am in a position to tell them what will be better for the Edo people.

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“There is a parable that says, ‘You cannot shave a man’s head when he is not present’. I am here in Edo State and I know who to support and why I am supporting him. The national leadership might have taken a different tone, but this is what I and my followers have chosen.

“We had a series of other politicians who had made such decisions before. That is why I agreed with the support of my supporters to collapse my structure for the governorship candidate of the PDP Barr. Asue Ighodalo and his running mate, Barr. Osarodion Ogie.”

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