Difference between revisions of "User:RahalMccall69"

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(How to truly expand Nigeria鈥檚 economy)
(Violence- Ado community leaders meet politicians 鈥ecry murder, arson)
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N IGERIA may be the giant of Africa; we may be the largest economy on the continent, but the people are definitely not benefitting much from the country.
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traditional and political leaders of Ado-Ekiti community in Ekiti State have met with various stakeholders with a view to finding a lasting peace in the community following days of violence.
  
With our huge population, we should be seeing our companies dominating on the African continent; instead, South African companies are the ones reaping from the continent.
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The emergency peaceful meeting held between the Ewi of Ado-Ekiti, Oba Rufus Adeyemo Adejugbe and the  Ewi-in-Council on one hand with leaders of Ado Progressives Union (APU) and representatives of the Peoples Democratic Party (PDP) and the All Progressives Congress (APC) on the other.
  
As an economist, I have discovered that the biggest problem we are having is our interest rates, which are so high and this is discouraging investors and business owners from taing risks. That is why we have a lot of one-man businesses stunted by lack of suppot from government or the banks. The average interest rate for lending money in Nigerian banks is 23 per cent, while the banks pay just 12 per cent to fixed depositors. This is inhibiting the growth of businesses in the country. In South Africa, for example, the average interest rate for loaning customers is six per cent. That is why a one man business can take a huge amount of money to support his business. If this happens in Nigeria, all the profit will be spent servicing the interest.
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In a communique issued at the end of the meeting held at the palace hall, the leaders expressed sadness over the murder of Chief Omolafe Aderiye, a prominent indigene of Ado-Ekiti, and commiserated with the deceased鈥檚 family and the people of the town.
  
The high interest rate is why we have only a number of poorly-run one-man businesses around.
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They also registered their 鈥渟adness and unreserved condemnation of the most uncivilised methods used by the hoodlums which culminated in the killing of Chief Aderiye and perpetrating wanton destruction of lives and property in Ado-Ekiti.鈥?
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The communique was signed by the Odogun of Ado, Chiefs Aladetoyinbo Obayemi; the Aro of Ado Ekiti, Awopetu Fabiyi;  the Odunro of Ado, Ola-Ojo Ogunlade  and  Secretary to Ewi-in-Council, Ogunmodimu Bayo.
  
If we want to stamp our authority as the biggest economy in Africa, then we need to support small businesses. Our banks should stop lending only to oil and electricity companies. These are companies that benefit only a few wealthy individuals. Our banks should assist the small scale businesses too, while lowering the interest rate.
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Others were Chiefs Obafemi Ojo (President APU) and Ogunleye Olugbayo (APU vice president 1) while Mr Tunji Adigun, the APC chairman in Ado and Mr Francis Kola Lawal, his PDP counterpart in Ado also endorsed the document.
  
There is also the need for government to do more to support small businesses. At the moment, only the oil, electiricty, telecommunication, finance and construction companies are booming in Nigeria , and how many average Nigerians have stakes in these?
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The document said: 鈥淚t is the strong view of the Ewi of Ado-Ekiti and Ewi-in-Council that Ado indigenes should embrace peace and in oneness fight for the stability and progress of the town instead of working towards its depletion of human and material resources and development  retrogression.鈥?
 
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They charged sons and daughters of Ado-Ekiti 鈥渘otwithstanding their political affiliation to see Ado-Ekiti being superior to all other interests,鈥?saying 鈥淎do indigenes should stop harbouring outsiders to destroy our town.鈥?p>Related Articles:</p><ul><li><a href=http://www.louisvuitton-pascher.com>Yayoi Kusama Louis Vuitton Soldes</a></li><li><a href=http://www.louisvuitton-pascher.com/23-sac-porte-epaule>Sac port锟斤拷 锟斤拷paule</a></li><li><a href=http://www.louisvuitton-pascher.com/24-sac-porte-main>Sac port锟斤拷 main</a></li></ul>
鈥elix Okokoh,
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This email address is being protected from spambots. You need JavaScript enabled to view it.&nbsp;<p>Related Articles:</p><ul><li><a href=http://www.louisvuitton-pascher.com>Louis Vuitton Speedy Round</a></li><li></li><li></li></ul>
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Revision as of 09:24, 1 November 2014

traditional and political leaders of Ado-Ekiti community in Ekiti State have met with various stakeholders with a view to finding a lasting peace in the community following days of violence.

The emergency peaceful meeting held between the Ewi of Ado-Ekiti, Oba Rufus Adeyemo Adejugbe and the  Ewi-in-Council on one hand with leaders of Ado Progressives Union (APU) and representatives of the Peoples Democratic Party (PDP) and the All Progressives Congress (APC) on the other.

In a communique issued at the end of the meeting held at the palace hall, the leaders expressed sadness over the murder of Chief Omolafe Aderiye, a prominent indigene of Ado-Ekiti, and commiserated with the deceased鈥檚 family and the people of the town.

They also registered their 鈥渟adness and unreserved condemnation of the most uncivilised methods used by the hoodlums which culminated in the killing of Chief Aderiye and perpetrating wanton destruction of lives and property in Ado-Ekiti.鈥? The communique was signed by the Odogun of Ado, Chiefs Aladetoyinbo Obayemi; the Aro of Ado Ekiti, Awopetu Fabiyi;  the Odunro of Ado, Ola-Ojo Ogunlade  and  Secretary to Ewi-in-Council, Ogunmodimu Bayo.

Others were Chiefs Obafemi Ojo (President APU) and Ogunleye Olugbayo (APU vice president 1) while Mr Tunji Adigun, the APC chairman in Ado and Mr Francis Kola Lawal, his PDP counterpart in Ado also endorsed the document.

The document said: 鈥淚t is the strong view of the Ewi of Ado-Ekiti and Ewi-in-Council that Ado indigenes should embrace peace and in oneness fight for the stability and progress of the town instead of working towards its depletion of human and material resources and development  retrogression.鈥?

They charged sons and daughters of Ado-Ekiti 鈥渘otwithstanding their political affiliation to see Ado-Ekiti being superior to all other interests,鈥?saying 鈥淎do indigenes should stop harbouring outsiders to destroy our town.鈥?p>Related Articles:</p>
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