BusinessDay 05 Apr 2020

Page 1

We have to build an economy with strong buffers – Amadi

S

am Amadi, a former chairman of the Nigerian Electricity Regulatory Commission (NERC), and currently lecturer with the Baze University, has said that the world economy would receive a major hit as commercial and industrial activities shrink. Unemployment, according to him, is already a problem but will get worse as busi-

nesses struggle to survive. He believes that the lesson for Nigeria from the global challenge this time around is to realise that “we have to build an economy that has buffers and only an innovative economy can withstand the degree of risks and vulnerability expected of a globalised economy that is unbalanced”. Amadi

See page 15

COVID-19: Don’t be partisan in distribution of relief materials - Abiodun RAZAQ AYINLA & JEREMIAH OLOWOKERE, Abeokuta

A

s total lockdown declared by President Muhammadu Buhari started in Ogun State Friday night due to waivers granted the state for effective preparation, Governor Dapo Abiodun has warned all party men within the All Progressives Congress (APC) family to steer clear

of partisanship in the distribution of relief materials meant for all residents of the state. Governor Abiodun explained that situation at hand in Nigeria affects all Nigerians, irrespective of party or ethnic affiliations as coronavirus is no respecter of anybody no matter how lowly- or highly-placed, therefore, nobody should play politics with the relief materials and stimulus packages

either provided by Federal Government or any State Government of the Federation. Speaking at the inauguration of Committee saddled with the responsibility to distribute relief materials for people of Yewa South in Ogun West Senatorial District, Governor Abiodun noted that the stimulus package distribution would reach See page 7

Two weeks of sacrifice won’t kill us – Dauda Birma

20

BDSUNDAY BUSINESS DAY

Sunday 05 April, 2020 www.businessday.ng

www.facebook.com/businessdayng

@businessDayNG

@Businessdayng

Vol 1, No. 307

N300

How we are surviving the lockdown – Nigerians See page 2

It’s been harrowing without food, electricity ‘Transparency in doubt in palliative distribution’ Review of capital market activities in first quarter of 2020 35 Clubs risk Champions League exclusion if seasons end prematurely - UEFA

39

Security agents enforcing the Federal Government’s directive on lockdown and social distancing on motorists and residents in parts of the Federal Capital Territory (FCT), Abuja. picture by TUNDE ADENIYI.


Turn static files into dynamic content formats.

Create a flipbook
Issuu converts static files into: digital portfolios, online yearbooks, online catalogs, digital photo albums and more. Sign up and create your flipbook.
BusinessDay 05 Apr 2020 by BusinessDay - Issuu