Man Leaves Suicide Note For Buhari, Then Hangs Himself - Vanguard -

RESIDENTS of Mbiabong Itam in Itu Local Government Area of Akwa Ibom State woke up to a shocking sight of a 50-year-old man identified as Chief Ekanem Edet dangling on a suspended robe from the roof of his house.

It was learned that Ekanem Edet, former Secretary of the Mbiabong Village Council, popularly called ‘Jolly Boy’, had been dead several hours earlier.
Edets’s wife and two sons, it was learned, had gone out early in the morning unaware that his remains hung loosely from the roof of his room.

Details later…

Nigerians Blast Adeosun's For Editing Her Twitter Account

Barely 24hrs after the hon minister of finance tweeted that recession was just a word, she could not stand the heat of the backlash from @pdpNigeria media platform and Nigerians. This made her to edit her official twitter handle to parody.
Still, Nigerians attacked her for the denial of her account instead of apologizing. See pictures. ...
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Nigerian Economy, Not In Confusion – Adeosun, Finance Minister

The Minister of Finance, Kemi Adeosun, on Wednesday declared that the Nigerian economy is not in confusion.
Noting that the Nigeria economy has been heading to recession in the past six years, she however said that the economy is presently in the right hands.
She spoke with State House correspondents at the end of the Federal Executive Council (FEC) meeting presided by President Muhammadu Buhari.
Adeosun was accompanied to the briefing by the Ministers of Agriculture, Audu Ogbeh; Mines and Steel Development, Kayode Fayemi; Information, Lai Mohammed and Education, Adamu Adamu.
Responding to questions on the new economic statistics released by the National Bureau of Statistics (NBS), she said: “It’s the worst possible time for us. Are we confused? Absolutely not. How are we going to get ourselves out of this recession. One, we must make sure that we diversify our economy. There are too many of us to keep on relying on oil.
“We can see what happened at the output data of the oil and gas sector. What’s happening in the Niger delta has dragged down the GDP of the entire economy. We’re too dependent on oil whereas 87 percent of our GDP is oil. So let us drive those other areas
“We have to invest in capital projects. No, we are not confused, the time is confusing but we are not confused. We are extremely focused. We know that if we can just bare and get through this difficult period, Nigeria is going to be better for it.
“If we rely on oil and the price of oil remains low and the quantity of oil remains low, we can’t grow. We have to grow our non-oil economy. I think we that we have a long way to go.
“We’re not confused and we’re not deceiving ourselves that everything is rosy. It’s not. It’s a difficult time for Nigeria but I think Nigeria is in the right hands and if we can stick with our strategy. We still have some adjustments to make. I think we need to make some adjustments in monetary policy. It’s quite clear we do and we will do that. We’re working on that. We need to try and find a way to support the manufacturing sector better and we will do that.” She added
She pointed out that the high inflation rate in the country is cost-pushed.
“And when you have cost-push inflation, it is structural inflation. It is not going to respond to monetary policy tools such as increasing the rate of interest. We have to address the structural causes of the inflation,” she said
But, she however said that the high rate of inflation has slowed down, which is a good sign for the economy.
According to her, the FEC on Wednesday approved external three-year rolling borrowing plan.
The plan, she said, will be transmitted to the National Assembly for the approval.
She said: “Recall when we came in we said our external borrowings strategy will be focused on confessional debts, low cost loans particularly from the multi-lateral agencies.”
The conditions of the borrowing, she said, included concessional loans average interest rates 1.25 per cent, four to seven year moratorium, and 20 years to pay.
According to her, the loans will come from agencies like the World Bank, African Development Bank, China Exim Bank, and other development agencies like Japanese International Cooperation Agency (JICA)
She added: “The sectors in particular that these concessional loans will go to are the strategic sectors of the economy that will help to revive the economy. There is Power. Significant amount of money are located to power projects particularly transmission. This is long term money that will enable us solve some of the problems in that sector.
“There are projects around polio. There are some money that have been allocated to us to help us do some massive immunization, in order to control this recent outbreak. This is being provided by the World Bank.
“There is provision for solid minerals and of course I’m very excited about the discovery of nickel. World Bank is supporting the project by the Ministry of Mines and Steel with $150 million to enable them strengthen

Too Much Hunger In The Country, Fayose Tells Buhari

– Ayodele Fayose has called on President Muhammadu Buhari to listen to the cries of Nigerians and stop seeing those with opinions different from his own as threats to his hold on power

– President Buhari should realise that a nation of hungry people is a nation of angry people

– Fayose said Buhari should seek help from economic experts in the country, not minding their political, religious and ethnic affiliations

Ekiti state governor, Mr Ayodele Fayose, has called on President Muhammadu Buhari to listen to the cries of Nigerians and stop seeing those with opinions different from his own as threats to his hold on power, saying; “The reality our President must face now is that there is too much hunger in the land, Nigerians are hungry, they are suffering and the President should rather listen to those who are more knowledgeable than him in terms of management of the country’s economy instead of seeing them as threats.”

The governor, who said reactions of the President and his men to divergent opinions had become predictable, added that; “this style of sending the Economic and Financial Crimes Commission (EFCC), Independent Corrupt Practices and other related offences Commission (ICPC), Department of State Services (DSS) and other agencies of the federal government against anyone that offers suggestions on how to rescue the country from total collapse is not in the best interest of Nigeria and its suffering masses.”

According to a statement issued in Ado-Ekiti on Wednesday by his special assistant on public communications and new nedia, Lere Olayinka, the governor said President Buhari should realise that “a nation of hungry people is a nation of angry people” and seek help from economic experts in the country, not minding their political, religious and ethnic affiliations.”

Governor Fayose, who particularly singled out the two former Central Bank of Nigeria (CBN) governors; Emir of Kano, Alhaji Sanusi Lamido Sanusi and Prof. Charles Soludo, who spoke at different fora last week, said; “Instead of adopting the usual style of trying to silence them with EFCC or ICPC, the President should listen to them and take their advice on board because they are expert in economic matters.”

He said; “It is no longer about politics. Rather, it is about preventing hunger from exterminating Nigerians and I am sure that the president himself knows that hunger does not understand political parties.

“A bag of rice that was less than N8,000 when President Buhari assumed office is now over N20,000! How can a civil servant that is earning N18, 000 minimum wage survive when his monthly salary cannot buy one
bag of rice?

“Even basic drugs and medicare are getting out the reach of the common people and the resultant effect of this will be avoidable deaths!

“As at today, a bag of cement is N2, 200, increment of N600 on one bag in just one day. Within four months, exchange rate rose with more than 150 percent, with dollar that was a little above N200 then, now more than N400.

“The harsh reality is that a Nigerian whose income was N100,000 per month in 2015 and still earning the same N100,000 now is actually earning less than N40,000 because what he could buy with N100,000 then cannot be bought with N200,000 now.

“This is the worst time for parents whose children and wards will be going back to school in September. How to pay school fees is causing depression for a lot of parents in just over a year of the Buhari’s administration.

“All these are signs that President Buhari needs help from those who can assist the country to avert this imminent economic collapse and he should not be ashamed to consult even those who ran the economy under the PDP government of Dr Goodluck Jonathan because it appears that things were better then than now.

“Therefore, rather than preoccupying himself with newspaper cartoons, our President should listen to suggestions being offered by Nigerians on ways to bring the country’s economy out of recession that it is n

Governor Wike Suspends Four Commissioners

GOVERNOR WIKE SUSPENDS FOUR COMMISSIONERS

▪Head of Service, Special Adviser on Lands also suspended

Rivers State Governor, Nyesom Ezenwo Wike has approved the suspension of the following Commissioners for three months.

▪Honourable Commissioner for Chieftaincy Affairs
▪Honourable Commissioner for Culture and Tourism
▪Honourable Commissioner for Finance
▪Honourable Commissioner for Sports

Also suspended for three months are the State Head of Service and the Special Adviser on Lands.

Simeon Nwakaudu,
Special Assistant to the Rivers State Governor, Electronic Media.
31st August, 2016.

Fulani Herdsmen Kill A Seminarian In Atakwu, Enugu

Suspected Fulani herdsmen have attacked Enugu Atakwu community, in Nkanu West Local Government Area Thursday morning, killing ‎a seminarian of the Catholic Church and several others.
DAILY POST gathered that the herdsmen, who were armed to ‘teeth’ invaded and started shooting and maiming anybody in sight.

One of the victims, a seminarian is said to have just returned from his apostolic work.

A community source, who spoke to our correspondent, said “they just came early this morning and started killing people.

“There is confusion everywhere now; people are running helter-skelter.”

More to come…