President Muhammadu Buhari in his first message to Nigerians after his return from London has called for prayers for the nation rather than endless visitation from people who want to welcome him.
The president thanked those who helped pray for him during his time away and promised to rededicate himself by serving Nigerians better.
See video below…
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Mr Ayo Teriba, the CEO, Economic Associates, has advised the Federal Government to focus on only two items in the Economic Recovery and Growth Plan (ERGP) rather than all the projections on the list.
He said that achieving energy sufficiency and efficiency in transportation would propel other items in the plan in the right direction.
Teriba said that the plan contained too many measures aimed at recovery and that the major issues should be given the due attention.
“The measures in the plan are too many and I do not think that anyone can achieve all the items in that plan in four years.
“My worry is that because the list is busy, those two items will not get the required attention, but if we can deliver on those it will best help agriculture and all the other items on the list.
“Other things will fall in place if we can deliver on those two, particularly rail transport and energy.
“Since there are so many other items competing for attention within that plan, I am not sure those two items will get the attention they require’’, he said.
On whether the plan was sufficient to secure the International Monetary Fund loan being sought by the Federal Government, he said that the loan was not necessary.
Teriba said that rather emphasis should be placed on getting investors to readily invest in Nigeria.
“Nigeria can attract investment into energy and transport, into education and health if that is what we are pitching for.
“Rather than trying to do things to satisfy somebody who wants to give us loan, why don’t we do things to encourage investors to come and invest their money here?
“Investment is a more sustainable way of getting on than loans because if you get a loan this year, will you get a loan next year?
“If at all you get a loan this year, it becomes a burden for you next year, whereas you do not have to repay investors.’’
He, however, said that he was optimistic that the economy would recover by itself considering the stability in oil production and prices.
He said that the economy skidded into recession due low oil price and that since it has begun to pick up there was hope for recovery all by itself.
The Federal Government on Tuesday released the ERGP, which unveiled a road map for Nigeria’s economic recovery and sustainable development.
The plan is aimed at increasing national productivity and sustainable diversification of production base to significantly grow the economy and achieve maximum welfare for citizens beginning with food and energy security.
It also envisages that by 2020, Nigeria will have made significant progress towards achieving structural economic change with a more diversified and inclusive economy.
The plan is expected to deliver on five key broad outcomes, namely – stable macroeconomic environment, agricultural transformation and food security as well as sufficiency in energy.
Others are improved transportation infrastructure and industrialization with focus on small and medium scale enterprises.
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Justice Walter Onnoghen
The Cross River caucus in the National Assembly has urged the Presidency to transmit the name of Justice Walter Onnoghen to the Senate for confirmation as the Chief Justice of Nigeria.
Onnoghen (67), who is the acting Chief Justice of Nigeria (CJN), is a native of Okurike town in Biase Local Government Area of Cross Rivers.
He obtained Bachelor of Law Degree, with upper division from the University of Ghana, Legon, in 1977 and his Bachelor of Law from the Nigerian Law School, Victoria Island, Lagos in 1978 and appointed as a Supreme Court Judge in 20015,
Speaking on behalf of the caucus, Sen. John Enoh told newsmen in Abuja on Tuesday that the move would be in fulfillment of Section 231(1) of the 1999 Constitution as amended.
Enoh expressed concern over the delay in transmitting the name of Onnoghen as the substantive CJN.
“The continuous delay by the Presidency to forward Justice Onnoghen’s name to Senate for confirmation, without any lawful and constitutional cause, has brought the issue of judiciary and security of tenure of Judges to doubt and public discourse,’’ he said.
The National Judicial Council (NJC) in exercise of its powers, on Oct. 13, 2016 recommended Onnoghen as the CJN to the President.
President Muhammadu Buhari thereafter appointed and swore him in as the Acting CJN on Nov. 10, 2016.
“Exactly two months and 15 days, the presidency has delayed and withheld to forward his name to the Senate for confirmation as CJN as required by the constitution.’’
“We are worried by this development for obvious reasons; as a hallowed institution, the judiciary is the bastion of our democracy and should be insulated from undue pressure, influence, politics and manipulation of political predators.
“It operates on an established tradition of a settled succession based on merit and seniority.
“Before now, the convention was for the President to forward the name of a candidate so recommended to him by the NJC in exercise of his powers and responsibility.
“Pursuant to its mandate, what is required from the presidency, in this case, is a decisive action of simply transmitting the name of Justice Onnoghen to the Senate for confirmation.
Unfortunately, this has not happened.’’ Enoh say.
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