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09102019 - 2020: Buhari presents N10.33trn job creation budget to NASS

Vanguard Newspaper 09 October 2019

Vanguard Newspaper 09 October 2019

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Vanguard, WEDNESDAY, OCTOBER 9, 2019—15<br />

I feel fufilled, says veteran journalist, Emeka Mamah<br />

Mr. Emeka Mamah(3rd left), family and friends in church during the thanksgiving.<br />

By Ikechukwu Odu<br />

NSUKKA— THE former<br />

South-East Regional Edi<strong>to</strong>r<br />

of Vanguard Newspaper, Emeka<br />

Mamah, Sunday, thanked God<br />

for a successful career in<br />

journalism.<br />

Mamah, who went for a<br />

thanksgiving Mass at St.<br />

Joseph’s Catholic Church, Imufu,<br />

By Peter Okutu,<br />

Chinenye Ozor &<br />

Ikechukwu Odu<br />

N SUKKA—GOVERNOR<br />

David Umahi of Ebonyi<br />

State, yesterday, expressed<br />

optimism that with proper<br />

investment in both physical and<br />

human development, Nigeria’s<br />

economy can survive without<br />

relying on oil.<br />

The governor who was a<br />

guest lecturer at the 59th<br />

Founders’ Day Lecture of the<br />

University of Nigeria, Nsukka,<br />

UNN, posited three vital things<br />

Nigeria needs <strong>to</strong> pursue a zero<br />

oil economy.<br />

Umahi, who said none of the<br />

20 most prosperous nations on<br />

earth are heavily reliant on oil<br />

exports, named the vital steps <strong>to</strong><br />

include insulating the economy<br />

from the risk of being vulnerable<br />

<strong>to</strong> a single commodity, <strong>creation</strong> of<br />

<strong>job</strong>s that can raise the living<br />

standard of an average Nigerian<br />

Igbo-Eze North Local<br />

Government Area of Enugu State,<br />

also said he was celebrating the<br />

peace in his marriage/family as<br />

well as his daughter’s graduation<br />

from the university.<br />

He said: “I retired from<br />

Vanguard Newspaper on June 2,<br />

after several years of being in the<br />

field. I worked in several<br />

newspapers such as ThisDay,<br />

and preparing for life beyond the<br />

oil revenue.<br />

In his lecture entitled<br />

Preparing Ebonyi State for Zero<br />

Oil Economy, Umahi said<br />

Ebonyi has started laying the<br />

foundations for sustained<br />

economic growth and prosperity<br />

beyond the era of oil.<br />

His words: “Nigeria’s<br />

economy potentially lies<br />

beyond oil. In 1960, Nigeria had<br />

a leading position across several<br />

of its export crops, especially<br />

groundnut, cocoa, cot<strong>to</strong>n and<br />

palm oil. At that time, its share<br />

of the world agriculture exports<br />

was in excess of one percent.<br />

“By the mid 1980s however,<br />

agriculture exports collapsed as<br />

the country shifted <strong>to</strong>wards<br />

petroleum exploration and by<br />

the 1990’s, Nigeria’s share in<br />

world export of agriculture had<br />

declined <strong>to</strong> less than 0.1%.”<br />

Stressing the need for<br />

diversification, Umahi noted<br />

that the “USA is the world<br />

Punch, Daily Star, Satellite<br />

among others.<br />

“When you have passion for a<br />

<strong>job</strong>, you won’t even know the way<br />

you feel. But I feel fulfilled. I did<br />

so many things and I know that<br />

as a journalist, you make enemies<br />

and friends.<br />

“I made more friends and also<br />

some enemies not because I<br />

willingly had <strong>to</strong> do that, but my<br />

largest economy by nominal<br />

GDP with a diversified economy<br />

operating in a free market.<br />

“Her biggest industries are<br />

<strong>to</strong>urism, international trade,<br />

agriculture and aerospace with<br />

the major income <strong>to</strong> the<br />

government as income tax and<br />

payroll taxes from private<br />

individuals. She has a GDP of<br />

$21.2 trillion, hence an advanced<br />

country.<br />

“China is the second largest<br />

economy by nominal GDP. The<br />

success in the economic growth<br />

of this country is attributed <strong>to</strong><br />

mixed economy that is<br />

incorporated with limited<br />

capitalism. Japan is also the world<br />

biggest credi<strong>to</strong>r with the leading<br />

public debt ratio. She has the<br />

nominal GDP of $1,266.1 billion<br />

and GDP per capita of $49,500,<br />

with annual growth rate of 1.7%.<br />

“This over-concentration on a<br />

single commodity creates deep<br />

fault lines within the economy, as<br />

global oil price crashes travel<br />

<strong>job</strong> caused the strain in such<br />

relationship between some<br />

people and I, especially those in<br />

positions of authority. There are<br />

so many incidents I can<br />

remember that nearly cost me my<br />

dear life.<br />

“During the military regime, I<br />

stepped on so many <strong>to</strong>es. I<br />

remember that during the<br />

period, Emeka Omeruah was<br />

queried because of a s<strong>to</strong>ry I<br />

wrote about his government’s<br />

decision <strong>to</strong> print his portrait in<br />

the United Kingdom, against<br />

<strong>Buhari</strong>’s government’s policy as<br />

Military Head of State and it<br />

nearly cost me my life.<br />

“Omeruah’s government<br />

accused late Pius Onuh of<br />

allegedly leaking the report <strong>to</strong><br />

me. But that was not true.<br />

“ I spent seven years in<br />

Kaduna where I met good<br />

administra<strong>to</strong>rs like Mohammed<br />

Makarfi, his successor,<br />

Mohammed Sambo, who later<br />

became the Vice President,<br />

before I was sent <strong>to</strong> Lagos on<br />

promotion as the Deputy News<br />

Edi<strong>to</strong>r.<br />

“Makarfi is broad-minded and<br />

would have made a good<br />

President. Both Makarfi and<br />

Sambo are loyal <strong>to</strong> their friends.”<br />

Nigeria must shift from oil economy— Umahi<br />

Nwoye sets up Foundation <strong>to</strong> fight unemployment, poverty<br />

By Vincent Ujumadu<br />

A WKA—MEMBER,<br />

House<br />

of<br />

Representatives and<br />

governorship candidate of<br />

All Progressives Congress,<br />

APC, in the 2017 election<br />

in Anambra State, Dr. Tony<br />

Nwoye, has set up a<br />

foundation <strong>to</strong> assist youths,<br />

women and the aged.<br />

Addressing youths from<br />

all the 326 political wards<br />

in the 21 local government<br />

areas of Anambra State at<br />

his Nsugbe, Anambra East<br />

Local Government Area<br />

country home, Nwoye said<br />

he decided <strong>to</strong> place<br />

emphasis on youth<br />

empowerment because<br />

they (youths) have been<br />

assisting him immensely in<br />

his political career.<br />

According <strong>to</strong> him, the<br />

Foundation would<br />

primarily focus on<br />

employment for the youths<br />

from all parts of the state,<br />

assist people in meeting<br />

their health care needs,<br />

offer scholarship <strong>to</strong> youths<br />

and children of youths, as<br />

well as embark on annual<br />

empowerment, including<br />

giving cash and equipment<br />

<strong>to</strong> enable the lessprivileged<br />

people <strong>to</strong> fend<br />

for themselves.<br />

He said it was<br />

unfortunate that youths<br />

were remembered only<br />

during elections, after<br />

which they were usually<br />

forgotten, regretting that<br />

not up <strong>to</strong> five percent of the<br />

youths were gainfully<br />

employed, “yet they say<br />

youths are future leaders.”<br />

He observed that<br />

President <strong>Buhari</strong>,<br />

Olusegun Obasanjo and<br />

others led Nigeria when<br />

they were youths, asking<br />

“when will <strong>to</strong>day’s youths<br />

take charge? Is it under<br />

this situation that our<br />

youths can build houses,<br />

buy cars and start raising<br />

families?”<br />

Nwoye said although<br />

the foundation was mainly<br />

<strong>to</strong> assist people, it would<br />

have political under<strong>to</strong>ne<br />

since, according <strong>to</strong> him,<br />

he would still contest<br />

election in future.<br />

through all facets of the Nigerian<br />

economy.<br />

“Nigeria’s oil resources should<br />

be used as a down payment <strong>to</strong><br />

build a robust diversified export<br />

basket of other products —<strong>to</strong><br />

create <strong>job</strong>s, earn foreign<br />

exchange and attract<br />

investments.”<br />

Umahi, who noted that the oil<br />

economy breeds low standard of<br />

living and widens the gap<br />

between the poor and rich;<br />

economic imbalance as well as<br />

encourages unemployment, said<br />

that Nigeria must “use oil <strong>to</strong><br />

move beyond oil; our large<br />

population of 180 million people<br />

means we do not have enough<br />

oil <strong>to</strong> meet the needs of all our<br />

citizens.<br />

“A lower nation with a lower<br />

population than Nigeria has oil<br />

reserves of 9,900 barrels per<br />

person (for each citizen); Saudi<br />

Arabia has 9,241 barrels per<br />

person; while Nigeria has only<br />

214 barrels per person.”<br />

SMILE rewards<br />

cus<strong>to</strong>mers<br />

with news<br />

devices<br />

THE 4G LTE pioneer<br />

service provider in West<br />

Africa, Smile Nigeria, has<br />

launched a campaign<br />

designed <strong>to</strong> give brand new<br />

SMIFI and router devices <strong>to</strong><br />

its loyal cus<strong>to</strong>mers, who have<br />

spent a minimum of 12<br />

months on the Smile<br />

network.<br />

A statement by Smile<br />

Nigeria’s Head of Brands<br />

and Communication,<br />

Lotanna Anajemba,<br />

explained that <strong>to</strong> be<br />

qualified, cus<strong>to</strong>mers who<br />

have spent the required<br />

minimum duration of 12<br />

months must have good data<br />

usage his<strong>to</strong>ry and they must<br />

bring their old SMiFi or<br />

router device in exchange for<br />

the new device.<br />

Anajemba further<br />

explained that eligible<br />

cus<strong>to</strong>mers can only benefit<br />

from this offer once a year<br />

and would have <strong>to</strong> update<br />

their Know Your Cus<strong>to</strong>mer,<br />

KYC, record with SMILE <strong>to</strong><br />

enable them get notification<br />

for the offer.<br />

The lucky cus<strong>to</strong>mers,<br />

Anajemba added, will be<br />

contacted via SMS and e-<br />

mail and requested <strong>to</strong> visit<br />

their nearest SMILE shop or<br />

kiosk nationwide <strong>to</strong> claim<br />

their new device.<br />

According <strong>to</strong> Anajemba, “a<br />

vital aspect of this loyalty<br />

programme is that it offers<br />

the cus<strong>to</strong>mer a router or<br />

SMiFi device at no extra cost.<br />

“However, cus<strong>to</strong>mers will<br />

have <strong>to</strong> trade in their old<br />

device for the new one. The<br />

campaign primarily rewards<br />

unflinching loyalty. The offer<br />

is available in all the major<br />

Nigerian cities in which<br />

SMILE operates.<br />

“We recognise that the<br />

internet is becoming more<br />

and more important for<br />

nearly everybody in their<br />

everyday lives, and as such<br />

it is our goal <strong>to</strong> enable as<br />

many people as possible <strong>to</strong><br />

enjoy the best cus<strong>to</strong>mer<br />

experience on the SMILE<br />

network.”

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