ABEOKUTA—The Yoruba Unity Forum has raised an alarm over the dwindling economic situation in the country, warning that millions of jobs might be lost this year if the free - fall of the Naira and the attendant rising inflation in the country are not checked urgently.
The YUF, however, urged President Muhammadu Buhari to put measures in place to arrest the situation and also restore investors’ confidence, noting that year 2016 would particularly be challenging to Nigeria and the citizens .
YUF’s new Chairman, Rev. Emmanuel Gbonigi, stated this yesterday, in his address at the general meeting of the group held at Efunyela Hall in the Ikenne, Ogun state, home of late Chief Obafemi Awolowo.
According to him, the textile industries if revived are capable of not only restoring jobs lost in past decades but also add tens of billions of naira to the National Gross Domestic Product(GDP).
The meeting observed a minute silence in honour of Chief (Mrs) HID Awolowo,who was until her death,the Chairman of YUF and the late Ooni of Ife,Oba Okunade Sijuwade.
Other highlight of the meeting was the election of Bishop Gbonigi, as its substantive chairman of the Forum following the death of Mama Awolowo,while Archbishop Ayo Ladigbolu (retd) is the new deputy chairman.
Three vice-chairmen were also elected;namely, Senator Femi Okurounmu, Ambassador Tokunbo Awolowo Dosumu while the third person is yet to be elected.

www.vanguardngr.com/2016/02/yoruba-forum-warns-buhari-over-nairas-fall/

Egbon, we're no longer selling forms.

Wailers increase

Bunch of Wailer's.

Mtcheew
toothless bull dogs

Reasonable and concerned Yoruba leaders speaking out on the state of our economy whilst that fraudulent afonja BAT has gone mute.

Even Soyinka the flip-flop wine connoisseur wants to pick a wailers form when it's too late.

Yoruba are shameful they can't complain cos it's a collective choice. This will be serious when the Hausa's starts to complain. Because right now we are still on BLAME GAME.

The north feeds this nation and since forex is scarce food is expensive I wonder is na hoe increase in price or tractor just because no market for oil.

Wait make I check who talk am....
Ok na Yoruba forum, Abeg whn Yoruba elders, Afenifere, Yoruba Agberos, Yoruba Obas put mouth in d matter thn u can wake me up. mcheeeeeew

can somebody tell them that no wailers form again obj use the last one

Proudly 5%.

The effect of NEPA bill certificate now knows no boundary. Wailers and Praisers have gotten a fair share.

At the end of 4years, it will be penny wise pound foolish.

Dollars will keep falling until you and everybody change behaviour .
Greece mack 7


1 free and easy dollars from the EU ( in our case high oil prices)
2 went on a spending and spending binge
3 stopped producing or manufacturing anything
4 stopped growing stuffs
5 import everything
6 dollarised or eurorised the economy
7 payed little or no taxes
8 corruption rules
9 business Elites and political opportunist park their money overseas
10 materialism reigns supreme.
11 crisis comes
12 the dysfuntional economy is brutally exposed
13 no savings
14 citizens do not want to change behaviour
15 it is everyone's fault but theirs.
16 the elites and the wrong types of foreign investors are looking cheap government dollars to remove out of the economy , divest and run .

Buhari should maintain the course or else we will be back here in 6 month when the forex reserves runs out .

This Yoruba group is crazy and very stupid. They should wait untik $1=N1, idiiots that went and voted a no certificate dullard is now complaining.

God punish all of you there, hypocrites...