POLITICS
Nigeria will Surpass IMF, FG’s GDP Growth Forecast of 2.6 %, 3 % BMO
There has been a challenge to both the International Monetary Fund (IMF) and the Federal Government of Nigeria’s projection for the country’s Gross Domestic Product (GDP) growth for 2021.
The Buhari Media Organisation (BMO) says the country’s GDP growth for 2021 will surpass both predictions.
While IMF predicted 2.6 per cent growth, the Federal Government put it at 3 per cent.According to the group, quoting figures from the Nigeria Bureau of Statistics (NBS), our GDP stood at 4.
0 per cent in the third quarter of 2021 from 5.01 per cent in the second quarter, as against IMF prediction of 2.56 per cent growth.In a statement signed by its Chairman Niyi Akinsiju and Secretary Cassidy Madueke, BMO said the Federal Government forecast 3 per cent for the same period, “but, based on several positive indicators, the country’s GDP will indeed exceed the IMF projection of 2.
6 per cent and the government’s 3 per cent at the end of the year 2021.“We believe that Nigeria’s aggregate GDP growth will surpass both projections based on the various proactive and progressive economic measures put in place by the President Muhammadu Buhari administration.
“It will be recalled that the Covid-19 pandemic had plunged many countries’ economies towards a downward GDP trajectory, with Nigeria being no exception.
“We however note that the country’s economy had shown some resilience even before the pandemic, and following the various economic measures enunciated by the Buhari administration; among them, the Economic Sustainability Plan(ESP), the country was able to withstand the shocks of the COVID-19 pandemic, and its economy remained even more resilient and productive till today.
“We believe that President Muhammadu Buhari’s foresight early in his administration to promote the diversification of the country’s economy equally helped the country’s economy to withstand the after-effects of the global shutdown due to the Covid-19 pandemic for the greater part of 2021.
“We also see the upward rise in the GDP growth of Nigeria as a positive sign that the economic policies of the Buhari administration are working, and soon Nigerians will start reaping the benefits inherent in them”.
The group commended the Buhari administration for the prudent and transparent management of the country’s economy, which it believes has saved the country from the calamitous effects of the COVID-19 pandemic.(NAN)
POLITICS
Court Nullifies Ebonyi PDP Congresses
By Godwin Okeh, Abakaliki
A Federal High Court sitting in Abakaliki, Ebonyi State capital, on Monday nullified the Ali Odefa faction of the Peoples Democratic Party (PDP) ward, local government and state congresses in the state.
The faction had few weeks ago, conducted ward, local government and state congresses to elect new leaders of the party.
In a suit no.
FHC/ AI/CS/183/2024 between Nnenna Lynda Udeh 12 others, the applicant prayed the court to set aside the congresses for being unconstitutional.Delivering judgment on the suit, the presiding Judge, Justice Hilary Oshomah ruled that purported congresses were void, unconstitutional and of no effect.
The court further restrained the Independent National Electoral Commission(INEC) which was the 2nd defendant in the suit from recognising any of the officers purportedly elected from the voided and nullified congresses.
When contacted for reaction, the national vice chairman of the party, Ali Odefa said he will respond to the ruling of the court at the appropriate time.
POLITICS
I Will Leave Lasting Legacies in Infrastructure Dev. – Diri
From Mike Tayese, Yenagoa
Governor of Bayelsa State, Senator Douye Diri, has said he is determined to leave lasting legacies in infrastructure development as he considers it a rare privilege to govern the state.Senator Diri stated this on Saturday during a gala night organised by the state government in honour of members of the Nigeria Guild of Editors (NGE) at the Chief DSP Alamieyeseigha Memorial Banquet Hall in Yenagoa.
The event rounded off the three-day 20th All-Nigerian Editors Conference(ANEC) held in the state capital. Governor Diri said he treats issues of development of the state seriously as he is aware that constitutionally he is allowed only two terms in office.He assured that with his deputy, they will keep doing their best in the remaining three years for Bayelsans to feel the impact of their service to the state and to the country.He said: “For us, it is a rare privilege to serve our people. Opportunity like this does not come often. By the constitution of Nigeria, I am barred from contesting again as governor of Bayelsa State.“So, the only thing that will speak for me, my deputy and most of us in this administration, is the legacy that we leave in terms of both human and material infrastructure. “Developing the state is now in our hands and we will keep doing our best in the remaining three years so that when we leave, the state will continue to feel our impact having travelled this eight-year journey in service to people of Bayelsa State and Nigeria.”While responding to remarks of the NGE president, Governor Diri approved the request to institute an annual lecture to honour and immortalise a foremost nationalist and pioneer editor of Daily Times, late Mr. Ernest Sesei Ikoli, an indigene of Bayelsa State, beginning from 2025.He also granted an appeal by the Guild’s president for two interns at the state-owned Niger Delta Television (NDTV), who missed out when the governor directed the employment of 13 of their colleagues when he visited the station last year.In his address, the NGE President, Mr. Eze Anaba, expressed gratitude to Governor Diri for being a perfect host and for recognising the essential roles editors play in shaping the society.Mr. Anaba also stated that the support of the governor during the conference was an indication of the importance he attached to a free and responsible press.While highlighting the various project sites visited, he expressed appreciation to the governor particularly for constructing an iconic media complex named after Ernest Ikoli.In a welcome remark, the Bayelsa State Commissioner for Information, Orientation and Strategy, Mrs. Ebiowou Koku-Obiyai, commended the Guild for promoting excellence in journalism and for successfully organising the 20th ANEC.Highpoint of the night of glitz and glamour was the presentation of an award to Governor Diri by the Guild and the induction of 12 new members.Two initiators of the ANEC, Halilu Baba Dantiye,m and Angela Agoawike were also honoured by the Guild.Present at the event were the Deputy Governor, Senator Lawrence Ewhrudjakpo, member representing Sagbama/Ekeremor Federal Constituency in the House of Representatives, Dr. Fred Agbedi, Secretary to the State Government, Dr. Nimibofa Ayaowei, and Deputy Chief of Staff, Government House, Mr. Irorodamie Komonibo.Others were the publisher of Vanguard Newspapers, Dr. Sam Amuka-Pemu, presidential media aide, Mr. Tunde Rahman, Senior Vice President and Editor-in-Chief of Leadership Newspapers, Mr. Azu Ishiekwene as well as other top editors, leaders and veterans of the media industry.POLITICS
Obaseki Dissolves Cabinet Ahead of Nov. 12
Gov. Godwin Obaseki of Edo has dissolved his cabinet ahead of the Nov.12 swearing-in of Sen. Monday Okpebholo, of the All Progressives Congress (APC) as the new governor of the state.
Report says that Obaseki who came into office on November 12, 2016 is expected to end his eight years tenure on November 12, 2024.
Obaseki dissolved the cabinet shortly after a valedictory session held at the Government House on Friday in Benin.
The motion for the dissolution of the State Executive Council for 2020-2024 was moved by his deputy, Godwins Omobayo, and was seconded by the Commissioner for Budget and Economic Planning, Osilama Okuofu.
At the valedictory session, the governor commended members of the council for helping him in driving the government’s vision of making Edo great again.
Obaseki also commended citizens of the state for supporting, praying and collaborating with his administration throughout his tenure.
Members of the cabinet took turns to eulogise the governor and acknowledged his many achievements in various sectors.
They also commended the governor for the opportunity given to them to serve the people of the state in their various capacities.
The outgoing commissioners and Heads of Ministries Departments and Agencies (MDAs) also took turns to present awards and gifts to honour the governor.
The valedictory session for the outgoing state executive council climaxed with a dinner in honour of the state governor. (NAN)