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Northeast Economy Will Collapse, Unless... --arewa Group Raises Alarm - Politics - Nairaland

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Northeast Economy Will Collapse, Unless... --arewa Group Raises Alarm by Feminews(m): 2:36pm On Sep 26, 2021
NORTHEAST ECONOMY WILL COLLAPSE, UNLESS...
--Arewa Group raises alarm

A Northern group, under the auspices of Northeast Progressive Youth Assembly(NPYA) has stated that unless the Nigerian States in the Northeast redouble IGR efforts and set up a government-owned bank to service the economy of the zone, poverty, unemployment and insecurity would remain with the zone's innocent people for long.

The group, in a media statement signed by its Chairman, Sabiu Tirmizi and issued on Monday, recommended that governors of the States that make up the Northeast need to "contribute N5billion capital each to kick-start the first fully state-run development bank in the area, because all of the estimated 25 commercial banks are owned wholly by entrepreneurs mostly from Southern parts of Nigeria ".

On the need for governments in the Northeast to redouble their drive on Internally Generated Revenue(IGR), the group called on the Northeast governors " to borrow a leaf from the effective IGR strategy employed by Governor Bala Mohammed of Bauchi State, whose IGR has been sufficient enough to take care of his massive infrastructural projects".

The statement noted that " so far, all the promises made to the Northeast by successive Nigerian Federal Governments are yet to be fulfilled, especially the multimillion dollar Mambilla Hydro-electric project, which has remained a mirage. This is just one example of the negligence that the Northeast has suffered for decades and frustration has already set in."

The group also noted that "all the media hype of Southern States" governors on IGR accrual to the federation account should serve as a warning to Northern governors to improve upon their existing internal revenue drive or pay a heavy price from over dependence on the centre".

Re: Northeast Economy Will Collapse, Unless... --arewa Group Raises Alarm by Zooposki(f): 2:45pm On Sep 26, 2021
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Re: Northeast Economy Will Collapse, Unless... --arewa Group Raises Alarm by fourboys: 2:46pm On Sep 26, 2021
Sai baba till 2054 grin grin grin
Re: Northeast Economy Will Collapse, Unless... --arewa Group Raises Alarm by DabuIIIT: 3:05pm On Sep 26, 2021
Parasites...all of them:NW to NE,all parasites. Leeches. Tapeworms. Grasshoppers. Locusts
Re: Northeast Economy Will Collapse, Unless... --arewa Group Raises Alarm by slimfit1(m): 3:19pm On Sep 26, 2021
We will close our borders when it's essential.
Re: Northeast Economy Will Collapse, Unless... --arewa Group Raises Alarm by sapientia(m): 3:33pm On Sep 26, 2021
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