President Buhari Has Abandoned Us – Tinubu’s Daughter Cries Out

Iyaloja-general of Nigeria and daughter of  national leader of the All Progressives Congress (APC) , Bola Tinubu, Folasade Tinubu-Ojo, says President Muhammadu Buhari has abandoned  Nigerian market women who supported him in the last general election.


Tinubu-Ojo, who led a group of women to the APC national secretariat in Abuja on Thursday, said that the market women yearned to be carried along by Buhari’s government.

“I am here this afternoon to represent the market women and men of Nigeria. There have been agitations, not even agitation or allegation; the people believe that the government of the day is not carrying them along as it should be; that they worked round the clock for the party during the campaign, but after the inauguration most of us are not carried along,” she said.

We only hear in the news that the first lady is doing a programme, this and that. And we just see it in the news, and they wouldn’t allow me be; all the complaints come to my table morning and night. And I say okay, enough is enough… We even heard that another FCT woman leader is organising another market association named Association of Organised Market People in Abuja, and most of these people are PDP members; they were nowhere to be found when we were working for the party day and night. So, now our people are not happy because they need to benefit from where they believe they have the right to, and all we need, all we are crying for, is for the government to give them a sense of belonging and carry them along properly.”

When asked if her father, Tinubu was aware her agitation, she said: “Because I am the daughter of the national leader of APC doesn’t mean that I must not represent my people well. I have to represent my people’s opinion.
“I am a leader, and as a leader my people are crying foul, and I won’t fold my hands and keep quiet because my father is a national leader, it is wrong. I am not mobilising against the party, no. I am solidly behind the party, I have worked for the party before and I will still work for the party tomorrow, but that does not stop me from saying the truth.” ‎

Nigeria’s economic crisis is being exaggerated– Dangote

 
Africa's richest man, Aliko Dangote, says Nigeria's economic reality is being exaggerated and is not as bad as it is being portrayed. Dangote said this while speaking at the Economist Forum in Lagos, yesterday March 7th. Dangote said while some businesses faced serious challenges, others did not.

“It all depends on the business. I think people are underrating the economy of Nigeria. They just go and look at foreign exchange because oil has gone down and believe that everything has gone out of the window. That is not correct”.

He said despite what is being described as an economic crisis in Nigeria, his company, Dangote Cement, recorded 47 per cent growth in January and February.

"We have seen growth in our sugar business of about 20 per cent. If your business model is to import 100 per cent of your component and just be an assembly plant, then definitely you will face challenges because the influx of foreign exchange is not like what it used to be a year and half ago when we used to receive about 3.2 billion dollars on monthly basis and our outflow was around two billion dollars. Today, we are receiving just about a billion dollars. In our cement sector, we had that vision and we said let us properly industrialise. By this, we mean that our raw materials are almost 90 percent locally sourced. So we only need foreign exchange to buy spare parts, pay some of our expatriate staff salaries in dollars and a get a little bit of gipson which is not readily available here.”he said 

Dangote added that the only option left for businesses in Nigeria was to export.

“We now have capacity to export cement worth about 500 million dollars on an annual basis. With that, it means that we are self-sufficient. If you look at most of our projects, they are all very transformational projects because we saw this coming. In the last ten years, we said we want to do things in a manner that by 2018, we don’t have to go to the Central Bank of Nigeria to ask for foreign exchange. We want to be people who will sale forex to the market.”he said

Source: Daily Trust...

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