Skip to main content

Fayose : Nigerian Economy May Collapse In 3 Months!!


Speaking at the 22nd Convocation of the College of Education, Ikere Ekiti, Fayose warned that unless drastic action is taken, the economy might collapse in the next three months.

Fayose, who is the Visitor to the College, lamented the deplorable state of the nation’s economy, noting that rather than address it, the All Progressives Congress- led Federal Government has been employing propaganda to deal with the issue.

He said: “This is the time for the Federal Government to come out and tell Nigerians about the state of the economy rather than employ propaganda.

“I foresee serious trouble ahead because in the next three months, the economy may collapse. Oil now sells in the region of $40 per barrel.

Things have never been bad like this. When I returned from the Holy Land yesterday (Wednesday), I was told that Ekiti got N1.4bn whereas my wage bill per month is N2.6bn.”

Governor Fayose, however decried that Ekiti people don’t pay tax, wondering how government could work for the people with depleting allocation from the centre.

Comments

Popular posts from this blog

How Important Are Leg Workouts for Muscle Gain?

How Important Are Leg Workouts for Muscle Gain?  You may think that its irrational, however lower-body preparing is favorable when you need to animate chest area muscle development. Leg exercises animate the absolute biggest muscles in your body, which makes a metabolic express that is helpful for muscle-building. You can manufacture muscle in your chest area without working out your legs, yet working all the significant muscles in your body will prompt quicker and better outcomes.  Developing Muscles  Muscle development happens when you separate strands through pressure — for this situation substantial obstruction preparing. Satellite cells surge in to fix those territories so the muscles end up thicker and more grounded. Explicit hormones flag the enactment of these satellite cells and the cells present inside the muscles, accordingly animating muscle development. The more bulk focused on, the more noteworthy the arrival of these hormones.  Since the legs, alongsid...

The youngest self made billionaire

Unscripted television star Kylie Jenner is on track to wind up the most youthful independent tycoon in the United States on account of the blasting beautifiers organization she propelled two years prior, Forbes magazine gave an account of Wednesday. Jenner, 20, stepsister of Kim, Khloe and Kourtney Kardashian, appeared Kylie Cosmetics in 2016 with $29 lip packs containing coordinating lipstick and lip liner, and has since sold more than $630 million worth of cosmetics. Forbes said it esteemed her organization at about $800 million and that Jenner claims 100 percent of it. Including millions from TV projects, supports and after-charge profits from her organization, Forbes said Jenner was 'moderately' worth $900 million. One more year of development would make her the most youthful independent extremely rich person ever, male or female, the magazine said.

Cigarette is good for Health ...

Cigarette smoking harms each organ of the body and prompts the general crumbling of the smoker's wellbeing. Malignancy was one of the main illnesses that specialists connected to cigarette smoking, and it keeps on being smoking's most famous wellbeing impact. Lung disease is most firmly connected to cigarette smoking. The odds that a male smoker will pass on of lung growth is 23 times that of somebody who's never smoked, while ladies who smoke run a hazard 13 times more noteworthy than non-smokers. Taking in tobacco smoke is horrendously unsafe to the lungs. The harm begins with the main puff and proceeds until the point when the smoker stops. Around 9 out of 10 passings from lung ailments are caused by smoking. A cigarette smoker's danger of passing on from an interminable obstructive lung malady like ceaseless bronchitis or emphysema is 10 times that of non-smokers. In any case, lung malignancy is a long way from the main type of growth owing to cigarette smoking. Ana...