States to face hard times from February - Kwara Speaker

Date: 2014-12-21

The Speaker, Kwara State House of Assembly, Mr. Razak Atunwa, on Saturday said most of the states in Nigeria would suffer economic crunch from February 2015, if urgent preventive measures were not embarked upon.

He said although many oil producing countries suffer from the current fall in crude oil price, they had not been very much affected as Nigeria. He attributed this to their better management of their economies and their savings for the rainy day.

Interview with journalists in Ilorin, the Kwara State capital Atunwa called for better management of Nigeria's economy to rescue the country from total economic strangulation.

Atunwa said, "The Federal Government has not been prudent in the management of the resources and finances of Nigeria and, therefore, within the past few months of the fall in the crude oil price, the economy is in trouble.

"Any prudent financial manager will know that you must save for the rainy day. Failure to do that will spell doom, which is precisely what we are now facing in Nigeria.

"The economy has been mismanaged; we have been pervaded by corruption and leakages. There have been malfeasances in office and all these contribute to the financial gloom, which we are about to face."

Source

 

Cloud Tag: What's trending

Click on a word/phrase to read more about it.

Iponrin     Muslim Stakeholders Of Kwara State     Gobir Organization Foundation     Veterinary Teaching Hospital     Haruna Tambiri Mohammed     Memunat Monsuma     Kwara Hotel     Olatunde Jare     Aremu Odolaye     Michael Nzekwe     Salman Jawondo     Yekeen Alabi     Rafiu Ajakaye     Akande Idowu Ayoola Muhammed     Abdulrazak Shehu Akorede     Mope Dasuki Belgore     Council Of The Wise     Oba Sulaiman Asude     Atunwa     Rex Olawoye     Oye Tinuoye     Kassim Babamale     Abdulrasaq Alaro     Kale Bayero     Busari Alabi Alausa     Haashim Initiative For Community Advancement     Bashir Adigun     Ahmed Idris Mohammed     Park     Dogara     Aisha Ahman-Pategi     Florence Saraki     Yakubu Shaaba     Abdul-Rahoof Bello     Alaaya     Jumoke Gafar     Plat Technologies     Bello Oyedepo     Sam Okaula     Amoyo     S.O. Opowoye     Aishat Sulu-Gambari     Suleman Abubakar     Kayode Oyin Zubair     Tunji Folami     Yusuf A. Usman     Muhammed Mahe Abdulkadir     Saraki     Barakat Community Secondary School     AbdulKareem Yusuf Danhawa     Ganiyu Taofiq     Emir Of Shonga     Gbemi Saraki     Bibire Ajape     Sherif Sagaya     Kwara South     Kayode Zubair     Saidu Yaro Musa     Abdulrosheed Okiki     Taofik Abiodun Ahmed     Okin Biscuit     Saheed Alakoso     Coalition Of Kwara North Groups     Salman Alada     Vasolar Consortium     Vasolar Consultoria     Ibrahim Issa Jetti     Assayomo     Abdullahi Saadudeen Alikinla     Saliu Oluwole     Saka Balikis Kehinde     Bayo Ojo     Lanre Aremu     SWAN     Okoolowo     Abegunde Goke     Valsolar Consultoria    

Cloud Tag: What's trending

Click on a word/phrase to read more about it.

Saadatu Modibbo-Kawu     Ekiti     Kabir Shagaya     Mohammed Katsina Ahmed     Saidu Kawu     Doyin Awoyale     Ilorin Talaka Parapo     Kwara State Infrastructure Development Fund     Saad Omo\'ya     Standard Organization Of Nigeria     Abubakar Suleiman     Gbadeyan Gbadura Yomi     Jamila Bio Ibrahim     Aliyu Muyideen     Yinka Aluko     Ahman Patigi     Yahya Mohammed     Bola Olukoju     Unicontinental Construction Company     Col. Adedipe     Apata Ajele Secondary School     Ganiyu Taofiq     Isau     Millennium Development Goals     AGF Abdulrazaq     Aisha Ahman Pategi     Akanji     Ishaq Salman     N-Power     Baaziki Sulaiman     Inside Kwara     Musa Yeketi     Ahmed Alhasssan     Olatunji Ibrahim     KWASEIC     Lanwa     Kwara TV     Hussein Olokooba     Arinola Fatimoh Lawal     Kwara Liberation Group     Adedayo Yusuf Abdulkareem     Okoolowo     Aisha Abodunrin Ibrahim     Salihu Yahaya     University Road     Abdulrahman Abdulrazak     SDP     Abdulrasheed Na\'Allah     Mohammed Lawal     Jare Olatundun     Isiaka Alikinla     Dankaka     Lateef Fagbemi     Gobir     Garba Idris Ajia     Kale Ayo     Salary     Ambassador Kayode Laro     Ishola Abdullahi     Oyawoye     AbdulRazaq Abubakar Jiddah     Alaro     Lanre Issa-Onilu     Kwara Muslim Pilgrims Welfare Board     Sulaiman Gado     Mahmud Ajeigbe     Mustapha AbdulGaniyu     Daud Adeshola     Taibat Ayinke Ahmed     Olateju Lukman     Olukotun Of Ikotun     ASUU     Fatima Abolore Jimoh     Abdulhakeem Adelaja Amao     Michael Ologundea     Jide Oyinloye     Adanla-Irese