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Nairaland Forum / Nairaland / General / Politics / Election Postponement: Nigeria Has Lost $1.5bn – LCCI (11952 Views)
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Election Postponement: Nigeria Has Lost $1.5bn – LCCI by iwaeda: 5:35pm On Feb 16, 2019 |
Lagos – Muda Yusuf, Director General of the Lagos Chambers of Commerce and Industry (LCCI) has said that Nigeria would lose about $1.5 billion owing to the postponement of the general elections. In a telephone interview with INDEPENDENT, Yusuf asserted that the country would loss nothing less than the said amount because of the shutdown of the economy for a day. “We shutdown the economy for a whole day, that means the different output of the economy for a whole day is practically gone. We are talking about within the range of $1.5billion. Now even before today because of the election, the tempo of the economy activities has gone down,” he said. The DG also noted that Friday for instance was more like an half day for many businesses. “Yesterday for instance was more like an half day for many businesses, quite a lot of people have travelled from different parts to another location so that they can vote, that also came at a very huge cost to them. “There is also the cost that has been expended by INEC; huge amount of money to mobilize people to different locations to support logistics, to get ad-hoc staff to move to different locations, these are huge national resources that have been committed; all that has been practically put to waste. “So really, the cost has been horrendous on the economy and the sacrifices on the individuals and business has also been enormous,” he added. https://www.independent.ng/election-postponement-nigeria-has-lost-1-5bn-lcci/amp/ 1 Like |
Re: Election Postponement: Nigeria Has Lost $1.5bn – LCCI by Oyimeoyimemua(f): 5:37pm On Feb 16, 2019 |
Re: Election Postponement: Nigeria Has Lost $1.5bn – LCCI by princemillla(m): 5:40pm On Feb 16, 2019 |
The money no get meaning as long as we av enuf to dish out 3 Likes |
Re: Election Postponement: Nigeria Has Lost $1.5bn – LCCI by dododawa1: 5:44pm On Feb 16, 2019 |
What as d GAIN done to Nigeria before. 16 Likes |
Re: Election Postponement: Nigeria Has Lost $1.5bn – LCCI by deomelo: 5:46pm On Feb 16, 2019 |
Throwing meaningless numbers around with zero facts and data is really rettarded. People really need to get a grip and take a sit somewhere. 24 Likes 1 Share |
Re: Election Postponement: Nigeria Has Lost $1.5bn – LCCI by iwaeda: 5:49pm On Feb 16, 2019 |
deomelo: You are talking to consistuted authority. 21 Likes 1 Share |
Re: Election Postponement: Nigeria Has Lost $1.5bn – LCCI by Bonapart(m): 9:00pm On Feb 16, 2019 |
Abeg make we hear word. Even if gain enter before has it ever affect a common man. Yeye 5 Likes |
Re: Election Postponement: Nigeria Has Lost $1.5bn – LCCI by ZombiePUNISHER: 9:00pm On Feb 16, 2019 |
Buhari is a failure Anything he touches loses value 4 Likes |
Re: Election Postponement: Nigeria Has Lost $1.5bn – LCCI by ayusco85(m): 9:00pm On Feb 16, 2019 |
Who will pay for all these. God punish APC and INEC 4 Likes 1 Share |
Re: Election Postponement: Nigeria Has Lost $1.5bn – LCCI by Abjay97(m): 9:00pm On Feb 16, 2019 |
B |
Re: Election Postponement: Nigeria Has Lost $1.5bn – LCCI by rentAcock(m): 9:00pm On Feb 16, 2019 |
I just can't wait for the election to be over and everything returns to normalcy. I miss seeing varying front page topics to discuss. Nonetheless, Atiku will lose miserably next week. It will be a devastating loss for so many and I expect mass suicides. Buhari is not like Jonathan, historically it is very difficult to unseat a presiding president. God bless the Federal Republic of Nigeria and God bless President Buhari. 1 Like 1 Share |
Re: Election Postponement: Nigeria Has Lost $1.5bn – LCCI by ZombiePUNISHER: 9:01pm On Feb 16, 2019 |
deomelo: Look at them Defending failure 9 Likes 1 Share
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Re: Election Postponement: Nigeria Has Lost $1.5bn – LCCI by Justfunkira(m): 9:01pm On Feb 16, 2019 |
Dhhh |
Re: Election Postponement: Nigeria Has Lost $1.5bn – LCCI by musa234(m): 9:01pm On Feb 16, 2019 |
deomelo:If it doesn't suit your narrative, it will be termed fake. Partisanship has really dealt with your conscience walahi. 5 Likes |
Re: Election Postponement: Nigeria Has Lost $1.5bn – LCCI by alfredo4u(m): 9:02pm On Feb 16, 2019 |
We are used to backwardness and lost since Buhari came in Cant wait for AtikuObi to take over power next week 2 Likes 1 Share |
Re: Election Postponement: Nigeria Has Lost $1.5bn – LCCI by canalily(m): 9:06pm On Feb 16, 2019 |
you people should bear it because here in weedland we lost close to #235bn stil on the same issue. our customers to buy weed nd get high to work for their masters couldnt come cos of the stunning news! 1 Like |
Re: Election Postponement: Nigeria Has Lost $1.5bn – LCCI by MrThisandthat(m): 9:07pm On Feb 16, 2019 |
Lies |
Re: Election Postponement: Nigeria Has Lost $1.5bn – LCCI by lordswill03: 9:07pm On Feb 16, 2019 |
And other days they've gained nko? Why didn't we hear of it 1 Like |
Re: Election Postponement: Nigeria Has Lost $1.5bn – LCCI by deomelo: 9:07pm On Feb 16, 2019 |
3 Likes |
Re: Election Postponement: Nigeria Has Lost $1.5bn – LCCI by morikee: 9:07pm On Feb 16, 2019 |
people posting explicit images don't guys know this is a public forum, there is a lots of kids browsing nairaland. |
Re: Election Postponement: Nigeria Has Lost $1.5bn – LCCI by mosho2good: 9:08pm On Feb 16, 2019 |
This INEC news no even shock Nigerian's Arsenal fans.
Dey are used to Saturday disappointment.
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Re: Election Postponement: Nigeria Has Lost $1.5bn – LCCI by mosho2good: 9:08pm On Feb 16, 2019 |
This INEC news no even shock Nigerian's Arsenal fans.
Dey are used to Saturday disappointment.
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Re: Election Postponement: Nigeria Has Lost $1.5bn – LCCI by Omeokachie: 9:09pm On Feb 16, 2019 |
Thank you Buhari Nigeria under you makes money only to keep it in a pocket full of holes |
Re: Election Postponement: Nigeria Has Lost $1.5bn – LCCI by Effiongdbest: 9:09pm On Feb 16, 2019 |
The only victory that will be widely accepted and Jubilated is the victory of only one man among many, his name is Atiku Abubakar. Chai Nigeria will be painted blue and green that day, people will celebrate like its Christmas. Buhari leave us alone terrorist. Go back home and rest mbok. 2 Likes |
Re: Election Postponement: Nigeria Has Lost $1.5bn – LCCI by jericco1(m): 9:10pm On Feb 16, 2019 |
shut up jare |
Re: Election Postponement: Nigeria Has Lost $1.5bn – LCCI by deomelo: 9:13pm On Feb 16, 2019 |
[s] musa234:[/s] We are talking about facts and this ipob is shouting partisanship. These Igbos sef. 2 Likes |
Re: Election Postponement: Nigeria Has Lost $1.5bn – LCCI by Amberon11: 9:15pm On Feb 16, 2019 |
Why can't they let women rule since the men have failed us? 1 Like |
Re: Election Postponement: Nigeria Has Lost $1.5bn – LCCI by Asshurbanipali: 9:15pm On Feb 16, 2019 |
Dullllard is a disaster 1 Like |
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