Shopping cart

Lagoscityreporters.com is a web-based news and entertainment portal established to deliver cutting edge, incisive and knowledge-driven journalism practicelagoscityreporters.com is mandated to drive this vision through online journalism.

TnewsTnews
  • Home
  • News
  • Sit-At-Home: South-East Lost N4trn In 2 Years – Deputy Speaker, Benjamin Kalu Reveals
Featured

Sit-At-Home: South-East Lost N4trn In 2 Years – Deputy Speaker, Benjamin Kalu Reveals

150

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.”

 

Comments are closed

Related Posts

NEWS:  lagoscityreporters.com Unveils Online Live Streaming Radio | I Have Never Approached Wike To Beg For Money – Abati | Jonathan, Others Mount Pressure On Tinubu To Reinstate Fubara | Defection: Akpabio Welcomes Gov Eno To APC | Man Arrested For Stabbing Shark In The Head | Akwa Ibom Gov. Eno Defects To APC | Kizz Daniel Hints At Retiring From Music | Musk, Trump Fall Out Over Epstein Files | Adeleke Not Defecting To APC — Spokesperson | Amaechi Fires Back At Wike | My In-Laws Have Been Harassing Me After Catching Me In Bed With Another Man - Widow Claims | FG Grounds 60 Private Jets Of VIPs | Sim Fubara Visits President Tinubu In Lagos | Rivers: Ibas Makes Fresh Appointments | Reactions Trail Davido’s Visits To Tinubu | Judicial Workers Suspend Nationwide Strike | ADVERT: Healthy You Pharmacy And Diagnostic Laboratory, 85 Zik's Avenue, Opposite Gtbank, Eke Awka, Awka, Anambra State, healthyupharmacy24@gmail.com, +2347070508446 | For News Coverage, Adverts Placement And Other Enquiries, call: +234(0)8063310733