BusinessDay 13 Sep 2020

Page 1

Why Nigeria should be easier to manage, by Nevin, PwC chief Nigerian households’ finances suffer deeper strain Offering reasons for his declaration, Andrew S. Nevin, partner and chief economist, PricewaterhouseCoopers ( Pw C ) Ni g e r i a , w h o made the statement in a

OBINNA EMELIKE and IFEOMA OKEKE

N

igeria , the most populous African country, has been described as the easiest country in the world to manage and lead.

2

Andrew S. Nevin

As food prices, services’ cost spiral PMS, electricity hike should be accompanied with relief packages – Analysts BUNMI BAILEY

T

he rising spate of food prices coupled with the recent

hike in fuel and electricity costs is causing a strain on the already-squeezed purchasing power and income of Nigerian

households, thereby making them miserable amid the drastic impact of the Covid-19 pandemic on

2

Stakeholders point to Rivers’ hidden treasure outside oil, gas

19

BDSUNDAY BUSINESS DAY

www.businessday.ng Sunday 13 September 2020

www.facebook.com/businessdayng

@businessDayNG

@Businessdayng

Vol 1, No. 328

N300

Wasted billions, missed opportunity

Despite N31bn Covid-19 fund, Nigeria fails to build world-class health facilities See page 4

As medical tourism resumes

Edo guber: Obaseki, Ize Iyamu on final push

13 How prepared are security agencies to tame renewed Boko Haram threat in Abuja?

Seyi Makinde, Oyo State governor (l), presenting frame to Suleiman Bogoro, executive secretary, Tertiary Education Trust Fund (TETFUND), during a dinner party in honour of Bogoro, held at Government House, Agodi, Ibadan. PHOTO: Oyo State Government.

14 A chat with the Amazons in the C-Suite

Six months after Abule-Ado explosion Allegation of partial compensation trails Lagos govt promises Property owners complain of neglect Hardest hit Bethlehem Girls College relocates Residents still await report on cause of blast Desmond Okon

16

P

iles of building materials are packed in many corners of AbuleAdo. Labourers moving

in and out; patching up shattered homes. In some streets, some buildings have been rebuilt up to the point of roofing, while others have only shacks erected for the sake of securing and protecting their properties

from hoodlums. Scavengers are still roaming the streets too—looking for their daily bread— by sawing metals from the residue of collapsed structures on empty lands in the neighbourhood.

Th e g r e e n g r a s s e s found in many areas of the community hint of a fresh start and nature’s will to force the people to forget their horrid experiences. That was the state of things when BDSUNDAY v i s i t e d Ab u l e - Ad o, a

sleepy community around FESTAC Town, in Amuwo Odofin Local Government Area, Lagos State, Nigeria. Recall that in the morning of Sunday, March 15, 2020, a deafening explosion had

28


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.