Connect with us

News

Your Growing GDP With Rising Poverty Is Nonsense – Obi Tells FG

Published

on

Your Growing GDP With Rising Poverty Is Nonsense - Obi Tells FG
Mr Peter Obi
Spread the love

Your Growing GDP With Rising Poverty Is Nonsense – Obi Tells FG

The vice presidential candidate of the Peoples Democratic Party in the 2019 general elections, Peter Obi, has faulted the latest National Bureau of Statistics report which stated that the country’s economy has recorded a five per cent growth to Gross Domestic Product growth.

He added that growth with rising poverty in the country was meaningless.

Obi spoke on Sunday evening when he featured on a Channels Television programme, ‘Politics Today’.

He specifically said rather than celebrating growth to GDP, which had no impact in the citizenry, the Federal Government should stop borrowing for consumption and face investment.

ALSO READ:  Imam Of Peace Drags Buhari Over His Incompetence, Calls Him ‘Dumbest Person In Nigeria’

The former governor of Anambra State said the fact that the Federal Government had been borrowing money and spending it on consumption had not made the NBS report to make significant impact in the lives of an average Nigerian.

Obi noted that the Federal Government should concentrate on the small and medium enterprises, education as well as target its citizens in the Diaspora if it really wanted to make significant impact in the lives of its citizenry.

Obi said, “The type of growth I want to see is the one that will pull Nigerians out of poverty by making the people to have disposable income and be able to feed themselves.

ALSO READ:  Army chief, Attahiru: AIB submits interim report on plane crash to Air Force

Your Growing GDP With Rising Poverty Is Nonsense – Obi Tells FG

“We need the type of growth that will educate our children, provide primary health care for all the communities. We don’t need growth based on speculations that government officials are celebrating all over the places.”

Obi insisted that growth to GDP could only be celebrated in a country when people are happy with their disposable income and be able to take good care of themselves and members of their family.

He said, “The biggest engine for economic growth is the micro, small, medium enterprises. That is the practice all over the World.

“That engine today is not being supported in Nigeria. Nigeria has a total of 40 million SMEs but there is not properly articulated fiscal and monetary policy to support the critical sector.

ALSO READ:  Senator Abaribe Condemns Igbo Youths Killings in Enugu

“The entire loan to private sector on Nigeria today is about N30trn. Less than N1.5trn is going to the SMEs. This is less than five per cent of the entire loan. This means Nigeria is not supporting its engine that can enhance the nation’s economic growth.

“The SMEs are the biggest employer of labour in many advanced countries of the world. We need fiscal monetary policies that would invest in this engine of growth in order to create jobs.”

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

News

Bala Mohammed Is A Patriot, Will Never Decamp To APC, Northern Youth Leaders Tell FFK

Published

on

By

Bala Mohammed Is A Patriot, Will Never Decamp To APC, Northern Youth Leaders Tell FFK
Spread the love

Bala Mohammed Is A Patriot, Will Never Decamp To APC, Northern Youth Leaders Tell FFK

A Frontline group made up.of over 100 youth groups, Northern Youths Leaders Forum (NYLF) has described as laughable, claims by former Aviation Minister, Chief Fami Fani-Kayode that he would Influence Bauchi State Governor, Senator Bala Mohammed and two other People’s Democratic Party (PDP) governors to dump their party as lame and laughable.

NYLF President, Comrade Elliot Afiyo expressed this at a world press conference in Yola on Friday September 17, 2021.

“We observed the defection by Chief Femi Fani Kayode (FFK) from PDP to APC yesterday with little or no surprise.

“We strongly believed that this is the time and season for defections. It is our belief that whenever someone defects, it is obvious that he or she is pursuing something or something is pursuing him or her.

“However, we are surprised and astonished with the reason and claims of Chief Femi Fani Kayode (FFK) for his defection, how he influenced the defection, of three PDP’s Governors to APC and his lame claim that he is in the process of influencing the defection of another three PDP’s Governors to APC,” Afiyo said.

NYLF said that while they remain aloof, tacit and obstetric to his claims that God told him to defect to APC and how he influenced Governors Umahi, Ayade and Matawalle’s defection, they take seriously with unassuming exception, his claim that Governors Ifeanyi Unwuanyi, Bala Mohammed and Seyi Makinde are on their way to APC through his influence.

ALSO READ:  UPDATE ON MAN USED AS COLLATERAL IN PAKISTAN (VIDEO)

“We are odiously convinced that FFK has the right to use his only and available political weapon and value which is his tongue, we make bold to say that FFK as we know him, has made a lunatic and vain claim to placate and please his Taskmasters and Paymasters.

“We are not surprised with this claim because former President Obasanjo said it on the 30th of August, 2018 when we visited him and I quote ‘”Fani Kayode is my boy, give him food, he will praise and sing for you. (Check Punch Newspaper 31st August 2018).

“We sincerely believed and truly too, that this is part of his praise singing which he is known for,” he said.

The group stated categorically that Governor Bala Mohammed will never dump the PDP for APC.

“WR want to state clearly without mincing words that Senator Bala Mohammed has not and will never defect to APC and also, he has never at anytime discussed the issue of defection with FFK.

“Senator Bala Mohammed is a Nationalist who always places the National interest above his personal interest.

Bala Mohammed Is A Patriot, Will Never Decamp To APC, Northern Youth Leaders Tell FFK

“He has and still passing through persecutions, humiliations, prosecutions, character assignations, campaigns of calumny, frustrations, insults and even spiritual attacks.

“In all these, God has given him the grace to remain steadfast, focused and committed to his ideals which he always defines.

“Therefore, there is no number of forces which he has not encountered that are pursuing him which would make him to defect to APC,” NYLF stressed.

ALSO READ:  Senator Abaribe Condemns Igbo Youths Killings in Enugu

The group said that it is a general and public knowledge that the nation is sinking and there is every need for patriots and advanced citizens to come together to rescue Nigeria.

“Bala Mohammed by acts of commission or omission, has proved to us that he will be part and parcel of the Rescue Mission.

“No doubt with people like Bala Mohamed in the boat, Nigeria and Nigerians will be rescued in 2023 from the National conspiracy by the few elites which FFK is a prominent member by his actions,” they added.

On the Southern Governors’ demand for a Southern President, NYLF described it as a good development, however, warning that it does not reflect realities on ground.

“It is a good political development that the Southern Governors are now speaking collectively irrespective of political leanings.

“The call by these Governors is a
welcome development but it does not reflect the reality on ground.
Nigeria presently is facing an uncommon and unconventional situation which requires uncommon and unconventional solution by uncommon and unconventional President.

” It would be recalled that former President Jonathan was sincerely committed to dealing with the security challenges between 2010 and 2011 but was frustrated by some Northern elites who brainwashed the Northerners especially the rural North into believing that Jonathan was killing Northerners.

“Jonathan was completely blocked by the same Northern elites from purchasing arms to fight insurgency.

ALSO READ:  We Will Not Back Down Until We #EndSARS – Conveners

“It is our strong belief and candid opinion that Nigeria needs a bold and courageous Northerner who will take the bull by the horn and tackle the security challenges which is our major national challenge for now even if it means killing the trouble makers if possible, so as to bring desired peace,” they advised.

The group further at the briefing, pointed out that they are impressed by the massive infrastructural development in Adamawa State, endorsing him for another term in 2023.

“We are highly impressed by the infrastructural developments in Adamawa State.

“We observed with great disbelief that such a feat could be achieved in just two years in Adamawa State that is not part of the oil producing States. We sincerely commend
Governor Ahmadu Fintiri and his team.

“In view of this thereof, we want to assure him that NYLF will do whatever is possible
within the confines and ambit of the law, to ensure that he comes back in 2023 to continue with his good works.

“To this end, we wish to appeal to other parties in Adamawa State to collapse their structures, support and vote for Fintiri during the Gubernatorial elections come 2023,” they said.

NYLF assured Nigerians that come 2023, “we will have a President that will be referred to as Nigeria’s President of Nigeria’s extraction not Northern or Southern extraction.

“We should not be distracted, discouraged or despair because of people that are identifying with or Conspirators because of a pot of porridge,” they said.

Continue Reading

News

Fani-Kayode lied, played no role in my defection to APC, says Umahi

Published

on

By

Fani-Kayode lied, played no role in my defection to APC, says Umahi
Spread the love

Fani-Kayode lied, played no role in my defection to APC, says Umahi

Ebonyi State Governor, Dave Umahi, has said former Minister of Aviation, Femi Fani-Kayode, played no role in his defection from the Peoples Democratic Party to the All Progressives Congress in November 2020.

The governor made this known on Friday when spoke on Channels Television’s ‘Sunrise Daily’ breakfast programme monitored by The PUNCH.

Umahi described as an insult, claim by Fani-Kayode that he was instrumental in his defection last year.

The controversial ex-minister, who officially defected from PDP to APC on Thursday had made the statement while speaking to newsmen after he was presented to the President, Major General Muhammadu Buhari (retd.), by the APC caretaker chairman, Mai Mala Buni, at the Presidential Villa.

ALSO READ:  Imam Of Peace Drags Buhari Over His Incompetence, Calls Him ‘Dumbest Person In Nigeria’

Fani-Kayode had hinted at the possibility of the governors of Bauchi, Enugu and Oyo States dumping the PDP and joining him in the APC.

In response to a question as to whether he had friends from the PDP following him into the APC, the ex-minister had said, “There are many people. If you ask my friend and brother, Governor Matawalle here, there are many people within the PDP, who do want to come over to the APC. I can tell you that. I was there and very instrumental when Governor Umahi joined the APC.

“I was there and very instrumental when Governor Ayade did the same thing. I was there and very instrumental when my friend and brother governor of Zamfara, Governor Matawale did the same thing.

“Now, if you don’t mind me mentioning names, somebody like the governor of Enugu State, the governor of Oyo State, and of course, my good friend, the governor of Bauchi State, great friends of mine, and I sincerely hope that they too may end up coming in this direction.”

ALSO READ:  Nigeria Now Safer Than Before – Army Chief, Buratai.

But speaking on the television on Friday morning, Umahi said Fani-Kayode must withdraw his statement, adding that the ex-minister was “never” part of the discussions that led to his defection.

The Ebonyi State governor said, “He (Fani-Kayode) needs to withdraw that statement. He is my good friend but it was an insult on my person and the other governors. The man did not know when I moved but incidentally, he visited me and we discussed and he said he was coming to join me with other governors to declare.

“How would somebody in PDP be instrumental to my moving, a whole governor of a state, not even a small governor – an experienced governor.

ALSO READ:  Makinde Compensates Owners Of Shot Cows, Foots Medical Of Injured Victims

“So, he has to withdraw the statement; he was never part of any discussion of my movement. I moved the South-East to the centre of administration; I moved to close the gap between the centre and South-East which our forefathers like Nnamdi Azikew fought for.

“So, for somebody to say that a whole Chairman of South-East Governors’ Forum, he was instrumental to that, it is an insult on my person and with all due respect, he has to withdraw that statement.”

“He remains my friend but he played no role in my movement and I am sure he did not play any role in the movement of others.”

Punchng.com

Continue Reading

News

Buhari Is Under Physical And Spiritual Bondage – Northern Youths Forum

Published

on

By

Buhari Is Under Physical And Spiritual Bondage - Northern Youths Forum
Spread the love

Buhari Is Under Physical And Spiritual Bondage – Northern Youths Forum

The Northern Youths Leaders Forum says the country is not making progress because the President, Major General Muhammadu Buhari, Retd, has been caged physically and spiritually.

The NYLF President, Elliot Afiyo, disclosed this in Yola on Friday while speaking on the defection of Femi Fani-Kayode – a former minister of aviation – from the Peoples Democratic Party into the All Progressive Congress.

He stated that FFK’s defection from the PDP to APC did not come to the group as a surprise.

According to him, FFK is entitled to use his only available political weapon, which is his tongue, to eat.

ALSO READ:  Army chief, Attahiru: AIB submits interim report on plane crash to Air Force

The group said it was confident that none of the governors who received its endorsement to vie for the presidency would ever defect to the APC.

Afiyo said, “We want to clearly state, without mincing words, that Senator Bala Mohammed has not and will never defect to APC. He has never, at any time, discussed the issue of defection with FFK.

Buhari Is Under Physical And Spiritual Bondage – Northern Youths Forum

“The country is sinking and there is the need for patriots and everyone to come together to rescue the country against the conspiracy by a few elite, of which FFK, by his actions, is a prominent member.

ALSO READ:  Looting: NLC Urges FG To Release All COVID-19 Palliatives Immediately

“The signs are not hard to see; Buhari is caged spiritually and physically. This is because there is a conspiracy against Nigeria by some Nigerian conspirators. If not, how do you explain the defection of Femi Fani-Kayode into the APC?”

Afiyo urged Nigerians not to be distracted or discouraged, saying it is an obvious fact that the President and his party have failed Nigerians.

“We should not be distracted, discouraged or in despair because of people that are identifying with conspirators because of a pot of porridge. We will surely sing hallelujah in 2023 by His grace,” Afiyo stated.

Continue Reading

Trending