• Contact Us
  • About Us
Thursday, June 19, 2025
  • Login
MetroBusinessNews
  • Home
  • Economy
  • Politics
  • News
  • Companies and Markets
  • Energy
  • Sports
  • Real Estate
No Result
View All Result
  • Home
  • Economy
  • Politics
  • News
  • Companies and Markets
  • Energy
  • Sports
  • Real Estate
No Result
View All Result
MetroBusinessNews
No Result
View All Result
ADVERTISEMENT
Home Economy

Buhari Holds Farewell Meeting With Outgoing Ministers As Fears Of Policy Summasault, Abandonment Heighten

metro by metro
May 13, 2022
in Economy
0
0
SHARES
0
VIEWS
 

President Muhammadu Buhari is said to be holding a farewell meeting with ministers seeking elective offices in 2023.
But the development has once again heightened fears of inconsistencies and policy summasault.
Reflecting on the time it took the president to gather his 'eggheads', on assumption of power, most analysts say the economy, security, legal issues, among others would be worst hit.
According to them, this will further worsen the tension ocassioned by strikes, lost of investor confidence and dwindling diaspora remittances into the country. 

The meeting follows the President’s recent directive to all ministers and political appointees contesting for various elective positions to resign from their appointments on or before Monday, May 16, 2022.

Those who are at the meeting, according to Channels Television are the Minister of State for Mines and Steel Uche Ogar, Minister of State for Petroleum Resources, Timipre Sylva; Minister of Labour and Employment Chris Ngige; Minister of Transportation, Rotimi Amaechi; Minister of Women Affairs Paullen Tallen.

Others are the Minister of Niger Delta Affairs, Goodwill Akpabio; Minister of Justice and Attorney General of the Federation, Abubakar Malami and the Minister of Science, Technology and Innovation,  Ogbonnaya Onu.
But some analysts say, it is either the Federal Government is not serious with tackling some of the crisis facing the country or the quit order may be an 'after thought.'
For instance, they query why, an "outgoing labour and employment minister, Chris Ngige, would be part of the committee to broker peace with striking university lecturers when his tenure ends this weekend," asks an analysts.
"The country is battling with litany of cases, mostly, avoidable ones and the chief law officer, who is instrumental to most of these issues is expected to vacate his office? “ asks another analyst.
READ ALSO:
Amid Uncertainties Of Membership Status, PDP Says Jonathan Has Not Resigned
Bismarck Rewane, chief executive of Financial Derivatives Company, say “making things more complicated is the confluence of political imponderables, drifting leadership and conflicted policy makers.  The shocking but inevitable marching orders by the president to political appointees to vamus and quit their plum jobs to essentially come out of their political closets, is another unknown in the quadratic political calculus."
Rewane, in the current edition of the LBS Breakfast Session, further said," Donald Rumsfeld said that “when the unknown unknowns are greater than the known unknowns” then all bets are off.  This is what investors and analysts are trying to get their heads around in Nigeria today.
The Chinese say “may we live in interesting times”.  For Nigerians, these are not only interesting but also challenging and daunting times.“
Emeka Etiaba, a Senior Advocate of Nigeria, (SAN), who featured on the Arise Television, The Morning Show, sees the country experiencing "season of absurd." 

Read Also

CBN’s Forbearance Policy, CRR, LRR May Threaten Banks’ Lending, Proposed $1tn Economy

Israel-Iran Conflict May Trigger FDI Decline In Nigeeia, Ghana- Report

Anxiety As CBN Sticks To June 3 Recapitalisation Deadline For BDC Operarors 

Previous Post

Amid Uncertainties Of Membership Status, PDP Says Jonathan Has Not Resigned

Next Post

Students Intensify ‘Activities’ Amid Rising Hope Of Suspension Of Strike By Varsity Lecturers

Related Posts

CBN
Economy

CBN’s Forbearance Policy, CRR, LRR May Threaten Banks’ Lending, Proposed $1tn Economy

June 18, 2025
Dollars
Economy

Israel-Iran Conflict May Trigger FDI Decline In Nigeeia, Ghana- Report

June 16, 2025
Uneasy Calm In Banking Industry Over FG Special Investigator’s Report
Economy

Anxiety As CBN Sticks To June 3 Recapitalisation Deadline For BDC Operarors 

June 12, 2025
Oil Prices Hold Gains, Dollar Steadies Ahead Of US-China Trade Talks
Economy

Oil Prices Hold Gains, Dollar Steadies Ahead Of US-China Trade Talks

June 9, 2025
Next Post

Students Intensify 'Activities' Amid Rising Hope Of Suspension Of Strike By Varsity Lecturers

Zenith Bank

Zenith Says Dividend Freeze, Temporary, Exits CBN Forbearance Arrangements By End Of June, 2025

June 18, 2025

Angola to Host ATIDI’s 25th Annual General Meeting as Africa’s Multilateral Insurer Marks 25 years of Impact

June 18, 2025
CBN

CBN’s Forbearance Policy, CRR, LRR May Threaten Banks’ Lending, Proposed $1tn Economy

June 18, 2025
MetroBusinessNews

© 2022 Metro Business News

Navigate Site

  • Contact Us
  • About Us

Follow Us

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Economy
  • Politics
  • News
  • Companies and Markets
  • Energy
  • Sports
  • Real Estate

© 2022 Metro Business News

Go to mobile version