Deputy Speaker of the House of Representatives, Benjamin Kalu has said that statistical data indicates that the south-east geopolitical zone lost N4 trillion in two years due to the sit-at-home order by separatist group, Indigenous People of Biafra (IPOB), IGBERETV reports.
Kalu stated this during a meeting with Ndigboamaka Progressive Markets Association in Lagos.
He noted that the Monday sit-at-home order has ruined businesses and also suppressed the economic growth of the five eastern states and should not be allowed to continue.
The Deputy Speaker said;
“The existential threat to Igbo entrepreneurship and businesses now is the insecurity and sit-at-home problem in the south-east. The mutation of this problem is largely unfathomable. It is becoming a cankerworm that is eating deep into our collective fortune as a people.
“If I do not tell you the truths as your son, then it will be difficult for anyone in governance from Ala-Igbo to tell you. I am pained by what our dear land has become. We have to be honest and sincere with ourselves. I make a heartfelt plea to every one of you.
“We cannot afford to retreat from our business endeavours. The stay-at-home order on Mondays has resulted in staggering losses of N4 trillion in the last two years in the south-east alone according to statistical data.”
Former Minister of Aviation, Femi Fani-Kayode, has hailed the appointment of Daniel Bwala, a former aide…
The Supreme Court has dismissed suits challenging the establishment and prosecutorial powers of the Economic…
By Rabiu Usman It was President Bola Tinubu that declared that in the first half…
The Nigerian presidency has dismissed former Vice President Atiku Abubakar’s recent criticisms of President Bola…
In a heated response, the Minister of the Federal Capital Territory (FCT), Nyesom Wike, has…
President Bola Tinubu, on Thursday, approved the appointment of three Nigerians as directors-general of various agencies…