The Minister of Finance in Nigeria, Dr. Ngozi Okonjo-Iweala, has urged the incoming administration of General Muhammadu Buhari to focus of making policies that would build up macro economic stability.
Dr. Okonjo-Iweala, who spoke on Nigeria Beyond Oil at a session at the ongoing World Bank/IMF spring meeting in Washington DC, listed key areas she expected the administration to look at.
She stressed the need for the new administration that would take over on May 29 to focus on diversification of the economy, rebuilding buffers and blocking of leakages.
The Minister, however, said that the policies, if well implemented, would address the shortfall in the revenue gotten from crude oil sales and in the long term, end poverty in Nigeria.
Listing some of the measures taken by President Goodluck Jonathan’s administration to cushion the shortfall from oil resources, the Minister of Finance, gave further insight into what the incoming government could do to further save the economy.
Dr Okonjo-Iweala is optimistic that the approach, backed by strong institutions to check cases of corruption, could bring the country out of its economic challenges.
The meeting was however interactive as participants at the session raised questions bordering on insecurity, health and the education sector.
The Minister further asked Nigerians to hold the government at all levels accountable for lapses experienced in some of the sectors.
The Independent National Electoral Commission(INEC) in Ondo State has presented the certificates of return to the newly elected members of the Senate and House of Representatives in the State.
Addressing the persons present at the presentation of certificates ceremony in Akure, the State capital, the Resident Electoral Commissioner (REC), Mr Olusegun Agbaje, lamented the low turnout of eligible voters in the election despite the various awareness campaigns by INEC and other government and non government organisations.
Mr Agbaje equally called on the various stakeholders including political leaders, religious leaders as well as traditional rulers to ensure that there would be absolute peace and safety of lives in the State .
Some of the Legislators, who spoke to reporters at the venue, promised to deliver the dividend of democracy and represent their constituencies adequately at the National Assembly.
More revelations have emerged on what transpired on the field during the just concluded National Assembly election in Abia State.
The latest is coming from the Returning Officer for Abia North Senatorial District, Dr. Ihekwaba Chukwugoziem, who revealed that the process was characterized by massive fraud and irregularities in the five Local Government Areas that make up the Abia North Senatorial District.
Dr. Chukwugoziem revealed that electoral and collation officers were forced by hoodlums to manipulate figures in favour of the Peoples Democratic Party.
The Returning Officer said that he had advised the Resident Electoral Commissioner to organise a rerun in all five Local Government Areas.
The Peoples Democratic Party (PDP) Abia North senatorial candidate, Mao Ohuabunwa, and his All Progressive Grand Alliance (APGA) counterpart, David Ogba, have traded words over the National Assembly (NASS) election results released by INEC.
While the PDP candidate insists that the election results were genuine, the APGA candidate rejected the claim, saying the authentic results were yet to be declared.
Also, the All Progressives Congress (APC) governorship candidate in the state, Anyim Nyerere, condemned the conduct and urged the electoral body to investigate the allegations of malpractice.
The Abia State Government has warned political parties and their candidates to refrain from using inciting statements capable of causing rampage among the party supporters thereby truncating the existing peace in the state.
The Abia State government has warned political parties and their candidates to refrain from using inciting statements capable of causing rampage among the party supporters thereby truncating the existing peace in the state.
The state Commissioner for Information, Dr Anthony Agbazuere, told Channels Television in Umuahia, the state capital, that the results as announced by the Independent National Electoral Commission (INEC) are correct and anybody in doubt should channel their grievances to the appropriate quarters.
He was reacting to the claim by the All Progressive Grand Alliance (APGA) candidate who contested for the Abia Central Senatorial district with Governor Theodore Orji, that the election results announced for the zone were false and manipulated by the government in power.
Meanwhile, the Peoples Democratic Party (PDP) Abia north senatorial candidate, Mao Ohuabunwa and his All Progressive Grand Alliance (APGA) counterpart, David Ogba have traded words over the National Assembly (NASS) results released by INEC. While the PDP candidate insists that the results were genuine, the APGA candidate rejected the claim, saying the authentic results were yet to be declared.
Also, the All Progressives Congress (APC) governorship candidate in the election, Anyim Nyerere condemned the conduct and urged the electoral body to investigate the allegations of malpractice.