News
Hurried TSA implementation a reason we’re in recession, says Bruce
Ben Bruce, lawmaker representing Bayelsa central senatorial district, says the “hurried implementation” of the Treasury Single Account (TSA) may be one of the reasons the country is in economic recession.
Taking to Twitter on Thursday, Bruce said: “Nobody locks up money in a vault in a recession. In fact, the hurried implementation of TSA may be part of the reason we are in a recession.”
He added: “We must make it easier, not more difficult, for business to obtain credit.” The Cable
Buhari: Before asking for the change we promised, ask yourself if you’ve changed your ways
President Muhammadu Buhari has urged Nigerians to be part of the process of changing the country.
Speaking at the launch of the ‘Change Begins with Me’ campaign in Abuja on Thursday, the president said the change that Nigerians seek must start with them.
He urged citizens to first ask how far they have changed their ways and ask what they have done to be part of change for the greater good of the society, before asking for the change they were promised. The Cable
Ambode: Approved N500bn Bond Not Just for 2016 Fiscal Plan
Lagos State Governor, Mr. Akinwunmi Ambode, on Thursday explained the modalities for usage of the N500 billion bond, which the State House of Assembly approved on Tuesday for issuance.
Contrary to the misrepresentation of the bond programme, the governor said it was a pool of fund objectively structured for a period of time and not just for the 2016 fiscal year.
He explained in a statement that it was imperative “to clarify the programme because it has been technically misrepresented.” Thisday
Group rejects Buhari’s ‘change starts with me’ campaign
An anti-corruption organization, BudgIT, has questioned the sincerity of President Muhammadu Buhari’s newly inaugurated campaign which is tagged, ‘Change Begins With Me.’
Buhari had, on Thursday, said before Nigerians demand to see the changes he promised them during the 2015 election, they must first change their own attitude by shunning corruption and other social vices.
However, BudgIT, which advocates transparency in governance, said in a Facebook post that the President could not demand a change from Nigerians when his government had failed to promote change through transparency. Punch
Business News
Plateau to begin rice export in 2017
Plateau State Governor, Mr. Simon Lalong, says the state will begin exporting rice by next year.
Lalong said this while fielding questions from State House correspondents at the Presidential Villa, Abuja, on Thursday, shortly after meeting President Muhammadu Buhari.
The governor said Plateau was competing with Kebbi in rice production, adding that this would boost the economy in the long run. Punch