The Federal Government will spend N2.3tn to reposition the nation’s economy as part of the Nigeria Economic Sustainability Plan to cushion the effects of COVID-19, the Special Adviser to the President on Media and Publicity, Mr Femi Adesina, said

According to a statement on Sunday, Adesina said this in a presentation at the 2nd Annual Conference and General Meeting of the International Islamic University Malaysia Alumni Association, Nigeria chapter.

He said the NESP comprised N500bn COVID-19 Crisis Intervention Fund meant to upgrade health facilities nationwide and finance a national Special Public Works Programme; N1.1tn structured lending from the Central Bank of Nigeria; N334bn to be derived from external bilateral and multilateral sources; and N302.9bn from other undisclosed sources.

Quoted, “The 12-month ‘transit’ scheme under the NESP was developed as a successor plan to the Economic Recovery and Growth Plan. When compared to other world economies, the Nigerian economy was not as badly hit by the COVID-19 pandemic, contrary to doomsday projections that had earlier come from the West,”

Femi Adesina urged states and local governments to complement the efforts of the Federal Government to cushion the effects of COVID-19 on the people.

The keynote speaker at the event and Pro-Vice-Chancellor, University of Derby, United Kingdom, Prof. Kamil Omoteso, who spoke on ‘Repositioning the Nigerian economy in the COVID-19 era and beyond: The role of Diasporans’, said the country needed to properly harness the potential of its Diaspora population.

https://www.nairapark.com/news/1599494957/spend-3tn-reposition-economy-adesina

So who displaced the economy?

Make una go sit down jor.

You people keep getting more irritating by the second.

Initially, I thought you need some times to fix the economy only to discover you keep sinking it further. Borrowing up and down as if the country has stopped generating anything.

Within the period of this administration, I have lost counts of various taxes and charges imposed on Nigerians, where are those taxes going?

Gerrarahia jor.

sad reality. Politicians use poverty to manipulate our people to vote for them.religion, tribalism & poverty, 3 tools politicians use to divide & rule. if they don't get you with one, they get you with the others.

the mindset & values of an average Nigerian is pitiable too. no empathy. Here, you can get away with just about anything. no accountability.

As long as you run a government/economy that is solely geared towards creating jobs through the ballooning of the work force/civil service and the utilization of'contracts' as a means of empowering party stalwarts and ethnic henchmen, there will always be reasons to map out trillions like this for vague projects/initiatives.. it's what happens when you institutionalize corruption as a means of empowering a selected group.

So it is the money U are trying to get from Nigerians by increasing fuel, power, VAT and cable subs abi

They are fleecing Nigerians while inflicting more severe taxes, tariffs, VAT, electricity/fuel increasing yet they say the government have fulfilled its promises.

So where are you sourcing these fund to fix the economy? Hope it's not another borrowing galore? Was there anytime the economy was fine? Using COVID19 as another smokescreen for their cluelessness.A zombie is already whining-next level is still three years away.

Simplyleo:
So who displaced the economy?

Make una go sit down jor.

You people keep getting more irritating by the second.

Initially, I thought you need some times to fix the economy only to discover you keep sinking it further. Borrowing up and down as if the country has stopped generating anything.

Within the period of this administration, I have lost counts of various taxes and charges imposed on Nigerians, where are those taxes going?

Gerrarahia jor.

Sai barber


Hunger don wire this one sotey he forget say na zombie mode him suppose dey

Simplyleo:
..You people keep getting more irritating by the second.Initially, I thought you need some times to fix the economy only to discover you keep sinking it further. Borrowing up and down as if the country has stopped generating anything.

Within the period of this administration, I have lost counts of various taxes and charges imposed on Nigerians, where are those taxes going?..

Deja vu or karma? It will surely go round being served red red hot.Sai baba! Sai Chanji! Sai next level but there is still three more years to go.

Simplyleo:
So who displaced the economy?
Make una go sit down jor.
You people keep getting more irritating by the second.
Initially, I thought you need some times to fix the economy only to discover you keep sinking it further. Borrowing up and down as if the country has stopped generating anything.
Within the period of this administration, I have lost counts of various taxes and charges imposed on Nigerians, where are those taxes going?
Gerrarahia jor.

Did someone hack your account or what is this wailing about?
You never chi sometin.
Continue screaming ipobian and hailing ThiefNuibu. E go soon clear you for eye when real hunger and suffering hook you wella.

Simplyleo:
Let's pray for ipob lunatics.
Anything they support always hit the rock.

Simplyleo:
Very good one by pmb.
We await the positive economic effect on Nigerians.
But how comes the adopted son of ipob lunatics didn't sign this?

Simplyleo:
[s][/s]
So it is now about what he knows nothing about?
Is wailing now a full time profession?

www.nairaland.com/attachments/3937527_buharisardauna_jpegcb12decad1bd9dd31b45d009f2877b1f

comos:
The Inspector-General of Police, Mr. Ibrahim Idris, on Friday justified the arrest of only suspects of Yoruba extraction over the recent clash in Ile-Ife, Osun State, which resulted in the death of about 46 persons. He said crime neither has tribe nor identity.

Idris spoke with State House correspondents shortly after briefing President Muhammadu Buhari of security situations in parts of the country inside the Presidential Villa, Abuja.

The police had been in the eye of the storm for arresting and parading 20 Yoruba persons, including a monarch, over the clash while not a single Hausa/Fulani person was detained.

The pan-Yoruba group, Afenifere; and the Oodua Peoples Congress are among groups and individuals that have been criticising the police over the development.

Idris however said the police would not hesitate to apply the law once criminal cases are established against individuals, irrespective of their tribe.

He said, “You know we are police officers. Crime has no tribe. If you are a criminal, you are a criminal.

“Crime has no face. We don’t look at crime in the identity of where you are coming from.

“As far as you are a criminal and the police find you wanting, we apply the law.”

He said investigation had revealed that the crisis started with a disagreement between two people selling food along the road.

https://punchng.com/ife-clash-igp-justifies-arrest-of-only-yoruba-suspects/

www.nairaland.com/attachments/8744292_tmpcam1127966872_jpege0a8c4be7449683b6d5804cc18386d05


www.nairaland.com/attachments/10241462_operasnapshot20190917192257www_independent_ng_jpeg434d296468d13bc39cada429cc4a253f

azmanaty02:
Sai barber
Hunger don wire this one sotey he forget say na zombie mode him suppose dey

He should calm down first.
This is just the beginning.
In the meantime he should continue the salad from Aso Rock's multi-billion naira food budget and ask Adesina to pass him a roll too.


www.nairaland.com/attachments/7609966_145_jpeg793d0d09f2057871c6b966c47bdbb7a2


www.nairaland.com/attachments/3073565_ctuafvju8aakuv5_jpeg49a942de8e3d1d388856e63d96b767a5


www.nairaland.com/attachments/11095985_img20200201122122571_jpeg340c451a14f98afa110dc2072b9ecdb7

Not bad

That is how they went about to markets around the country sharing 10k & 5k to people they claim to be the poor before election to support them but the poor became poorer.

You only repositioned what has been destabilized.

Life was much more easier before the coming of the current government, fuel, electricity, consumables etc weren't as high as it is now.


So who destabilized the country from what it was to what it is currently ?

Mad man .