Now that Nigeria is officially in recession, By Femi Orebe

Uncategorized

femi orebeThis past week, the Bureau of Statistics (NBS), in its Second Quarter Report, said the Nigerian economy contracted by 2.06 per cent to record its lowest growth rate in decades and that it shrank by 0.36 per cent in the first quarter of 2016 to its lowest point in 25 years. Unemployment, it further said, increased to a record high of 13.3.  The U.S is currently at about 4.9, down from between 9.6 -10 percent during President Obama’s first year in office in ‘09. But first, let me salute the Comrade Governor, Adams Oshiomhole, who, on Channel’s television, Friday, 2 September, 2016 did much more than all the information agencies of the President Buhari administration have ever done, to bring to the public space, the challenges confronting the government and how it has been trying to resolve them and bring succour to a traumatised citizenry. The ‘Mammy Water’ slayer, a name he got by reclaiming water-logged and totally impassable roads in Benin-City-,  also passionately demonstrated that he understands the very essence of governance when, in answers to the panelists’ questions, he showed how he has done his best in meeting the yearnings of the people. How, for instance, he has turned former governor Igbinedion’s ‘swimming  pool’ township roads to six lanes in some areas of the state capital, and how water now flows in the Ekpoma area of the state where it was once believed you could never have productive boreholes and people had to depend on rain water, stored over time.

Leave a Reply

Your email address will not be published.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

This site uses Akismet to reduce spam. Learn how your comment data is processed.