The Anambra state Governor, Obiano, has expressed fears that the dollar would continue to rise against the naira probably reaching up to N500 to a dollar, and that it would take no fewer than 18 months for the economic recession in the country wane.
The Governor said this during the beginning of the Anambra State Fire and Safety Summit in Awka on Wednesday.
He mentioned that the payment of workers’ salaries would energize the economy in a recession and make life more meaningful for the people.
“A state that does not pay its workers is inviting calamity. Payment of workers’ salaries energises the economy. We saw this recession early and made agriculture one of the pillars of our administration. This is why we have been paying our workers. It is wicked to owe workers at a time like this.”
He said his administration foresaw the trouble and embarked on preemptive measures such as investment in agriculture.
Rather, he said that the way out is to engage in risk management, developing the culture of insuring their lives and property, arguing that it was one sure way of mitigating the adverse effects of disasters whenever they would occur.
The President of IPSON, Dr. Nnamdi Ilodiuba, said that over the years, the state had witnessed numerous incidents of safety concerns.
Parts of this article originally appeared on Punch Newspaper