• Home
  • Featured
  • Data shows south-east lost N4trn in 2 years due to sit-at-home order – Deputy Speaker, Benjamin Kalu
Featured

Data shows south-east lost N4trn in 2 years due to sit-at-home order – Deputy Speaker, Benjamin Kalu

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.

Kalu did not reveal which body released the data or how it was arrived at, during a meeting with Ndigboamaka Progressive Markets Association in Lagos.

He noted that the Monday sit-at-home order has crippled businesses and also stifled 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.”

Related posts

National assembly proposes bill to sanction states not complying with new minimum wage

theKorrespondent

Oil prices at record high after OPEC maintains previously agreed output levels

theKorrespondent

Envoys who backed Kavala to be made ’non grata’: President Erdoğan

theKorrespondent

Leave a Comment

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More