Skip to main content

How Nigeria’s economy was diagnosed HIV positive before Buhari – Ohakim


The immediate past governor of Imo state,
Ikedi Ohakim, has said that the nation’s
economy was already crippled before the
administration of President Muhammadu
Buhari, Vanguard reports.
He disclosed this while delivering a 52-page
lecture titled: “Leadership in times of
adversity. Navigating Nigeria’s turbulent
economy”, at the 2016 Diocesan Synod of
Ikeduru Anglican Diocese.
“There is no doubt that before the Muhammadu Buhari administration, Nigeria’s economy had been diagnosed HIV positive, but it was being professionally managed with anti-retroviral drugs,” he said.
However, Nigeria’s economic woes seem to
be far from over following the disclosure by
the governor of the Central Bank of Nigeria
(CBN), Godwin Emefiele that the economy
was gloomy.

Emefiele who made the disclosure on
Tuesday, July 19, during a closed-door
meeting with senators said it was frightening that the nation was experiencing economic stagnation and inflation at the same time.
According to Vanguard, the governor said
economic stagnation and inflation were
ordinarily not supposed to happen
simultaneously.
A source who attended the close door
session with the CBN governor expressed
concern that the economy was gloomy,
stagnant and worsening as a result.
The source, citing Emefiele said the
economy was biting on all, with almost all
activities crippled, adding that indices that
would have made the economy grow were
not in place at the moment.

Meanwhile, the finance minister, Kemi
Adeosun recently said Nigeria has an
incredibly bright future as long as the
country remains disciplined.
Adeosun disclosed this on the floor of the
Nigerian Senate while briefing the lawmakers
on the state of the economy.
However, the federal government is looking
at ways to save the dying economy,

Comments

Popular posts from this blog

Herbalist kills 13-year-old boy in juju experiment

A 26-year-old herbalist, Ekene Oluka, allegedly killed a 13-year-old, Obumuneme Oluka, while testing his anti-bullet charm on the deceased at Amagu-Uwani, Mgboko, Aku of Igbo-Etiti Local Government Area, Enugu State. It was reported that the herbalist fled after the incident. The herbalist had, at different occasions, successfully tested his charms, which was said to protect against bullets and cutlass, on the young man. Confirming the incident, Police Public Relations Officer in the state, Ebere Amaraizu, in a statement said the command had activated a manhunt for the fleeing herbalist. Amaraizu said: “The herbalist, Ekene Oluka, from the same kindred with the deceased, had allegedly tested his charms for protection against guns on the deceased. It was further gathered that the suspect had earlier tested that of cutlass on the deceased, which allegedly worked out for him. “However, this time it did not work, which caused severe injury on the head of the de...

Mother chains daughter for refusing to attend school

This woman chained her daughter to a street lamp post for playing truant from school. The eight-year-old child was tied with a metal chain around her ankle and tied to a large metal post. The young girl was left there by her raging mother. Good Samaritans heard the girl crying in the car park outside the family's apartment on Wednesday afternoon. They tried freeing her but the thick chain was strongly secured with two padlocks - leaving the girl stuck for over an hour before arrival of the police. She told cops that her mum had punished her because she failed to attend mandarin classes at school in Kuala Lumpur, Malaysia. The unemployed 30-year-old woman was taken in for questioning and later released. See more photos below;

Benin residents instructed not to cook with fire on Sunday

Oba of Benin The Benin Traditional Council has instructed residents not to cook with fire on Sunday, June 5, as part of activities for continuation of the 15 days funeral rites for late Monarch, Oba Erediauwa. The instruction is contained in a statement issued by the Secretary to the Benin Traditional Council, Mr Frank Irabor, made available on Friday in Benin. Irabor stated that Sunday would be the day of Edenagberen- Mwiwu in the royal funeral rites programme and as such, there would be no cooking with fire, in accordance with Benin customs and tradition. He then called on Benin indigenes and non-indigenes in the kingdom to observe the Igberimwin rite.