Nairametrics
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Industries
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Tech News
  • Economy
    • Nairalytics
    • Macro-Economic News
    • Research Analysis
    • Budget
    • Public Debt
  • Business News
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
  • 2023 Elections
No Result
View All Result
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Industries
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Tech News
  • Economy
    • Nairalytics
    • Macro-Economic News
    • Research Analysis
    • Budget
    • Public Debt
  • Business News
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
  • 2023 Elections
No Result
View All Result
Nairametrics
No Result
View All Result
Home Business News

Nigeria lacks policy direction under Buhari – Ituah Ighodalo

Bamidele Samuel AdesojibyBamidele Samuel Adesoji
4 years ago
in Business News
Ituah-Ighodalo
Share on FacebookShare on TwitterShare on Linkedin

The Managing Partner of SIAO – an independent Nigerian professional services firm, Ituah Ighodalo has disclosed that Nigeria lacks policy direction required to drive the nation’s economy under the administration of President Muhammadu Buhari.

Ighodalo, who doubles as the Senior Pastor of Trinity House disclosed this while granting an interview to Vanguard on the state of the nation.

The details: Reacting to a question on where Nigeria is heading to, Ighodalo stated that the actual direction Nigeria is moving is not very clear, owing to lack of sound economic plan.

“It is alarming that the actual direction in which Nigeria is going is not very clear. There is no sound economic plan, and nobody seems to be in control of security, so you can do anything and get away with it. Our present leaders are not communicating properly or articulating what their plan is and what they want to achieve.

“We keep hearing anti-corruption, but it’s alleged that the fight is a bit political and loaded against the opposition. Evidence abounds of people on EFCC watchlist who changed party and all of a sudden, everything went quiet. There is no motivation and encouragement for Nigerians that it’s going to be all right.”

Finance Minister, President Muhammadu Buhari, AFCTA

[READ MORE: British Court orders Firm to seize $9 billion Nigerian assets over Gas dispute]

On RUGA Settlement, Ighodalo stated that the Rural Grazing Area (RUGA) currently suspended by the Presidency should not have been introduced in the first instance. According to him, it is absurd for the Federal Government to be masterminding the RUGA settlement contrary to what is obtainable in other climes.

“I saw a post the other day where the Rwandan President was dedicating an automobile company that had established a plant in Rwanda, and here, we are battling at the presidential level on Ruga? I don’t understand it. Why must there be some preferential treatment for herdsmen? Why should it be a government issue?

“Why must herders bring the beef to the South? They should rather develop the beef there, package it and move it in trailers to the South or if they need to have live cattle, they move the cattle in trailers to the South. When they get to the South, whatever piece of land they can get to store the cattle to sell, let them negotiate with the people, store the cattle and sell.

“Why must the government be debating and discussing cattle colony and Ruga? It’s absurd, except there is a motive behind it. Nobody talks about cocoa, soybean, corn, rice, goat or chicken colony. Anyone that wants to go into poultry farming, goat herding, etc. goes to look for land for the business.”

[READ MORE: MTN raises $140.24 million as part of divestment plan]

Regarding Insecurity, Ighodalo stated that kidnapping had almost become a norm in Nigeria. Specifically, he stressed that almost all the families of the victims of kidnapping were forced to pay ransom.

“Somebody is kidnapped, nobody is looking for the kidnappers to smoke them out. We hear that people are negotiating, so it’s almost as though you can commit a crime and get away with it.

“Dapchi girls were abducted and brought back in broad daylight, nobody was arrested. So there’s a bit of laissez-faire and anarchy, that’s frightening. In any other country in the world, the whole might of government goes after the criminals; even if it’s just noise they are making to frighten the criminals but here, not even a whimper.

“It doesn’t happen anywhere else in the world. That must change.”

[READ MORE: Five factors stopping you from starting your new business and the way out]

Related

Tags: Ituah IghodaloPresident Muhammadu BuhariRUGA SettlementSIAO

Comments 1

  1. Victor Adeyemi says:
    August 20, 2019 at 1:47 pm

    This man has no idea, is leaning and speaking the mind of a group already known, wiuld have done well as someone no political and not interested in politics to have offered or suggest solutions to his re echoed cluelessness of the administration. This is unfortunate

    Reply

Leave a Reply Cancel reply

Press one
hfm
Mega Millions
fidelity banner
SME
HFM
Patricia





NM newsletters

Business News | Stock Market | Money Market | Cryptos | Financial Literacy | SME |

Recent News

  • FUGAZ investors gain N34.1 billion during the week 
  • FG highlights policies developed to drive MSMEs growth in Nigeria 
  • Nigeria Breweries Plc’s rising loan profile may exacerbate its financial health

Follow us on social media:

Recent News

FUGAZ investors gain N34.1 billion during the week 

FUGAZ investors gain N34.1 billion during the week 

March 26, 2023
FG highlights policies developed to drive MSMEs growth in Nigeria 

FG highlights policies developed to drive MSMEs growth in Nigeria 

March 26, 2023
  • Home
  • Exclusives
  • Markets
  • Industries
  • Economy
  • Business News
  • Financial Literacy
  • Lifestyle
  • Opinions
  • 2023 Elections

© 2023 Nairametrics

No Result
View All Result
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Industries
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Tech News
  • Economy
    • Nairalytics
    • Macro-Economic News
    • Research Analysis
    • Budget
    • Public Debt
  • Business News
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
  • 2023 Elections

© 2023 Nairametrics

error: Alert: Content selection is disabled!!