Politics
We need to bake a bigger cake and not bigger debts
AJAGBE ADEYEMI TESLIM
SPONSORED BY: H&H
Last week the National Bureau of Statistics released the GDP figures for Q2 2022. The government has been unreasonably upbeat about the reported growth rate of 3.4%. The plain truth is that the economy is in deeper trouble than the APC-led government is willing to admit.
The citizens’ level of misery hasn’t changed, and the reasons are obvious: first, the key sectors of the economy, notably agriculture, oil and gas (the country’s cash cow) and manufacturing (that contributes to jobs), are either growing slowly or declining.
Second, unabated are rising commodity prices occasioned by high energy and transportation costs (and aggravated by the disorderliness in the forex market).
Also, debt levels continue to rise while the fiscal capacity to service its debts is declining. All these are enough to erase the perceived gains from output growth.
Having run out of ideas, it appears that our unprecedented level of indebtedness is whetting the government’s appetite for more debt. This is a recipe for macroeconomic instability.
We challenge the National Bureau of Statistics to share with the public their recent statistics on poverty, unemployment and commodity prices — the reality of which will leave no hope for the common man.
Like I have said before, increasing debts will never be a solution to our indebtedness. My government, if elected, will halt the rate of debt accumulation and instead focus on private-public partnerships in financing development.
Also is the consideration of a government of national unity that will douse the temperature, unite Nigerians and pave the way for improved security. Improved security allows for investments and, therefore, an improved economy.
Politics
Amuwo-Odofin 2: Appeal Court affirms Rauf’s Lagos Assembly election, dismisses LP suit
AJAGBE ADEYEMI TESLIM
SPONSORED BY: H&H
The Court of Appeal sitting in Lagos, on Friday, dismissed the appeal filed by the Labour Party candidate, David Doherty, against Hon. Wale Rauf of the All Progressives Congress (APC).
Agenjo
August24news.com gathered that the judgement was celebrated on the official facebook page of the Lagos State Chairman of the All Progressives Congress (APC), Cornelius Ojelabi.
The Appeal Court affirmed the ruling of the House of Assembly Election Petition Tribunal which declared Rauf as the rightful winner of the Amuwo-Odofin Constituency 2 election conducted on March 18, 2023.
It also directed the Independent National Electoral Commission (INEC) to withdraw the certificate of return issued to Doherty and issue new one to Rauf of the APC.
Rauf would be returning to the House to serve as a second term lawmaker, having served between 2019 and 2023.
Our Correspondent had reported that the House of Assembly Election Petition Tribunal sitting in Lagos, upturned the election of Doherty and declared Rauf as winner.
Doherty not satisfied with the ruling, approached the Court of Appeal.
Politics
BREAKING: 2 REJECTED AS LAGOS LAWMAKERS CONFIRM SANWO-OLU’S SECOND BATCH OF NOMINEES
BREAKING: 2 REJECTED AS LAGOS LAWMAKERS CONFIRM SANWO-OLU’S SECOND BATCH OF NOMINEES
AJAGBE ADEYEMI TESLIM
SPONSORED BY: H&H
The Lagos State House of Assembly on Thursday confirmed 15 out of the second batch of 18 nominees sent by Governor Babajide Sanwo-Olu recently.
The confirmation happened after Hon. Mojeed Fatai, Chief Whip and chairman of the screening committee, laid a report of the exercise before the House.
At a sitting presided over by the Speaker of the House, Rt. Hon. Mudashiru Obasa, the lawmakers rejected Engr. Olalere Odusote and Mr. Samuel Egube.
However, the House resolved to step down the confirmation of Hon. Tolani Sule Akibu for another day.
Dr. Obasa, commended the committee saying the members did a thorough job screening the nominees. His position was supported by the lawmakers present at plenary.
Those confirmed include:
Dr. Afolabi Abiodun Tajudeen
Mr. Oluwaseun Oriyomi Osiyemi
Prof. Akinola Emmanuel Abayomi
Dr. Oluwarotimi Omotola Wahab Fashola
Mrs. Folashade Kaosarat Ambrose-Medem
Mrs. Akinyemi Bankole Ajigbotafe
Mrs. Bolaji Cécilia Dada
Mrs. Barakat Akande Bakare
Mr. Olugbenga Omotosho
Mr. Mosopefoluwa George
Dr. Yekini Nurudeen Agbaje
Dr. Olumide Oluyinka
Mr. Abayomi Samson Oluyomi
Dr. Iyabode Oyeyemi Ayoola
Hon. Sola Shakirudeen Giwa.
Obasa
Politics
OEF CONGRATULATES SOLA GIWA
- Says Governor Sanwo-Olu, is a listening Leader
AJAGBE ADEYEMI TESLIM
SPONSORED BY: H&H
The OMO EPETEDO FORUM has heartily rejoice with an illustrious Son of the Community, Hon. Sola Giwa on his nomination into the Cabinet of Lagos State Government by His Excellency, Babajide Olusola Sanwo-Olu, Executive Governor of the State.
The forum notes with joy, decision of the Governor to re- nominate his Special Adviser on Transportation back to the cabinet.
” It is with great joy that our Son, a brilliant, visionary and great grassroot mobiliser is re-nominated into the government. The gesture, no doubt, is an affirmation that His Excellency, Babajide Olusola Sanwo-Olu has listening ears. He has cleared doubt of all by listening to vast majority of Lagosians who clamoured for a rejig of the Commissioners list. By this Action, He has undoubtedly reaffirmed our belief in clear vision, nobility of character,politics of principle, and above all, his quest for a prosperous Lagos that works”
We are assured that Sola Giwa will introduce new, lofty ideas into the administration. He has been a top-notch performer since the beginning of his Career in life. So, this new task will definately be carried out with utmost sincerity and will birth favourable outcomes.
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