Dangote, Innosson, Elumelu, 13 others listed as Members of Presidential Economic Advisers – Newstrends
Connect with us

News

Dangote, Innosson, Elumelu, 13 others listed as Members of Presidential Economic Advisers

Published

on

Dangote, Shettima and Elumelu

Dangote, Innosson, Elumelu, 13 others listed as Members of Presidential Economic Advisers

President Bola Tinubu has set up an economic advisory committee constituted members of the private sectors players such as Aliko Dangote, Femi Otedola, Tony Elumelu, Innocent Chukwuma (Innoson), Abdul Samad Rabiu (BUA), among others.  

The tripartite committee comprised of 17 members from both the Federal government, sub-nationals and private sector. 

President Tinubu declared during the inauguration in Abuja with governors and business figures on Sunday that all potential strategies would be examined to address the socio-economic difficulties facing the nation. 

What the President is Saying 

According to the President, the federal government is ready to collaborate closely with all stakeholders to identify enduring solutions to the country’s current situation. 

  • ”Let’s look at what we’re doing right and what we’re doing wrong to bring life back to the economy. Like I said, many times, the people of this country are only the people who we have to please. 
  • ”We are very much concerned from students to mothers and fathers, farmers, the traders and realising that everyone of us will have to fetch water from the same well.  
  • ”We’re looking for additional efforts that might help the downtrodden Nigerians and we will provide that hope and reassurance that economic recovery is on its way.  
  • ”We are not saying that we have all the answers. But we will not be blamed for not trying. 
  • ”We assure Nigerians that we will do our best to get our marshal plans in place and fashion out the best economic future for this country,” he said. 

READ ALSO:

More Insights 

Also speaking at the meeting was the governor of Anambra State, Charles Soludo who said that the meeting allowed for cross fertilisation of ideas on the state of the economy and the way forward, adding that every Nigerian need to contribute to its growth. 

  • ”We have all the potentials and we have all that it takes to make Nigeria ride through these turbulent times and put the economy back on a sustainable growth. 
  • ”I think there is unity of purpose, determination, the sense of patriotism and determination by all to make it happen and by the special grace of God, it’s now the execution, execution,” he said. 

On his part, the governor of Ogun State, Dapo Abiodun, said that all governors have resolved to join hands with the President to provide the necessary intervention to cushion the effect of the administration’s reforms. 

Abiodun assured Nigerians that government at all tiers would not leave them alone in this trying period, adding that better times are in the offering shortly. 

  • ”In my state and in other states, we are bringing in rice, we’re bringing food items and we’re selling at rates that can be obtained before the downslide of the Naira,” he added.  
  • Also in attendance were   Wale Edun, Minister of Finance and Coordinating Minister of the Economy;  Atiku Bagudu,  Budget and National Planning minister, Abubakar Kyari,  Agriculture and Food Security minister and  Mohammed Idris, Information and National Orientation. 
  • Some of the private sector players at the meeting included Chairman of the Dangote Group, Aliko Dangote; Chairman of BUA Group, Abdul Samad Rabiu; Chairman of Heirs Holdings, Tony Elumelu; Group Chief Executive Officer of Pandora Plc, Wale Tinubu; Managing Director of Matrix Group, Abdullabir Aliu; Chief Executive Officer of Financial Derivative Company, Bismarck Rewane; and  Director-General, Manufacturers Association of Nigeria (MAN), Segun Ajayi-Kadir. 
  • Femi Otedola, however, was not physically present in the meeting.

Dangote, Innosson, Elumelu, 13 others listed as Members of Presidential Economic Advisers

News

Edo Gov Okpebholo freezes govt accounts, reverses ministry’s name

Published

on

Edo State Governor, Monday Okpebholo

Edo Gov Okpebholo freezes govt accounts, reverses ministry’s name

Edo State Governor, Monday Okpebholo, has directed the immediate freezing of all state-owned bank accounts.

In a statement issued on Thursday by his Chief Press Secretary, Fred Itua, the governor stated that the accounts would remain frozen until further notice.

He instructed commercial banks, ministries, departments, and agencies (MDAs) to comply with the order immediately or face severe consequences.

The statement reads: “All state bank accounts with commercial banks have been frozen. Commercial banks must comply with this order and ensure that not a single naira is withdrawn from government coffers until further notice.

READ ALSO:

“Heads of Ministries, Departments, and Agencies must ensure full compliance without delay.

“Following necessary investigations and reconciliations, the governor will take appropriate action and decide on the way forward. For now, this order remains in effect.”

Okpebholo also directed relevant agencies to revert the name of the Ministry of Roads and Bridges to its previous title, the Ministry of Works, a change made during the Godwin Obaseki administration.

“It is odd to name a government institution the Ministry of Roads and Bridges, especially when not a single bridge was built by the previous administration — not even a pedestrian bridge.

“In the coming days, we will examine further actions taken by the previous administration and make decisions that serve the best interests of the state,” the statement added.

 

Edo Gov Okpebholo freezes govt accounts, reverses ministry’s name

Continue Reading

News

Israel-Palestinian conflict: Two-state solution is a deception, says Gumi

Published

on

Prominent Islamic scholar Dr. Ahmad Mahmud Gumi

Israel-Palestinian conflict: Two-state solution is a deception, says Gumi

Prominent Islamic scholar Dr. Ahmad Mahmud Gumi has criticized the widely discussed two-state solution for the Israel-Palestine conflict, calling it a “deception.”

His remarks followed a recent summit of the Organisation of Islamic Cooperation (OIC) in Riyadh, where President Bola Tinubu and other leaders condemned Israel’s actions in Gaza and urged an end to hostilities.

In an interview with Daily Trust at his Kaduna residence, Gumi argued, “This Two-State Solution is a deception. No Israeli will allow a Palestinian to survive, and Palestinians will never allow Israel to survive.

READ ALSO:

The only solution is to dissolve the two states and create a democratically electable region.”

Gumi commended the OIC’s support for Palestine, noting that Muslims and Arabs worldwide increasingly see the treatment of Palestinians as “genocide” and accuse Israel of human rights abuses.

He also called for a return to the pre-1948 structure, where Palestinians, Jews, and Christians lived together, suggesting a single, inclusive state that allows peaceful coexistence.

“When I hear people talking about Two-State Solutions, I know they are just deceiving themselves,” Gumi added, advocating for a unified region where people of all faiths can live together, similar to the multi-faith coexistence seen in countries like the United States.

 

Israel-Palestinian conflict: Two-state solution is a deception, says Gumi

Continue Reading

News

Court sacks Ondo LP candidate, two days to governorship poll

Published

on

Olusola Ebiseni

Court sacks Ondo LP candidate, two days to governorship poll

The Labour Party candidature of Olusola Ebiseni for the upcoming gubernatorial election in Ondo State has been nullified.

The nullification follows the sacking of Ebiseni by the Court of Appeal, sitting in Abuja, on Wednesday.

The governorship election of the southwest State will hold on Saturday, 16 November 2024.

The judgement disqualifying Ebiseni was unanimously delivered by the three members of the panel and read out by the chairman of the panel, Justice Adebukola Banjoko.

The judgment granted the prayer of the Labour Party who preferred the case against Ebiseni.

READ ALSO:

Justice Banjoko held that, “the appeal marked CA/ABJ/CV/1172/2024 brought by the Labour Party against Chief Olusola Ebiseni and two others is allowed.”

Justice Banjoko further stated that the Certified True Copy of the judgment would be provided to the parties involved in the appeal as soon as possible for their review.

Recall that Justice Emeka Nwite of the Federal High Court in Abuja had ordered the Independent National Electoral Commission to accept and recognize Olusola Ebiseni and Ezekiel Awude as the Labour Party’s governorship and deputy governorship candidates for the November 16 Ondo State governorship elections.

Justice Nwite confirmed that the second primary election conducted by the Labour Party, which resulted in Ebiseni and Awude being selected as candidates, was valid and should be upheld by INEC.

However, the appellate court has now overturned the judgment of the trial court’s judgment.

 

Court sacks Ondo LP candidate, two days to governorship poll

Continue Reading

Trending