On
Friday, chairman UBA Group, Tony Elumelu, CON spoke on the nation’s economy. He told
the International Monetary Fund (IMF) and other development parties to provide
alternatives to Nigeria if collecting loans from China was injuries to the
nation’s economy.
Friday, chairman UBA Group, Tony Elumelu, CON spoke on the nation’s economy. He told
the International Monetary Fund (IMF) and other development parties to provide
alternatives to Nigeria if collecting loans from China was injuries to the
nation’s economy.
This
came as a reaction to the warning by the IMF to Nigeria to be weary of China
loan. Mr Tobias Adrian, the Financial Counsellor and Director of the IMF’s
Monetary and Capital Markets Department had warned on Wednesday during the
launch of the Global Financial Stability Report for April, 2019 at the
IMF/World Bank meetings in Washington D.C, United of America.
came as a reaction to the warning by the IMF to Nigeria to be weary of China
loan. Mr Tobias Adrian, the Financial Counsellor and Director of the IMF’s
Monetary and Capital Markets Department had warned on Wednesday during the
launch of the Global Financial Stability Report for April, 2019 at the
IMF/World Bank meetings in Washington D.C, United of America.
When
asked his position on the IMF warning, Elumelu said, “My position is that
nature abhors vacuum, if you do not want Nigeria to take China loan, provide
the alternative. Like I keep saying, they should also support the development
of entrepreneurs, they should look at ways to help us eradicate poverty in a
manner that is sustainable. “For me, one of the surest way to eradicate poverty
is to ensure that our youths are gainfully employed through entrepreneurship.
“Also to make sure that development agencies – IMF, World Bank and co help and
support Nigeria to improve on her infrastructure, road transportation, access
to electricity. “These are things that will help us improve on security in
Nigeria, these are things that will help us increase prosperity through
employment which is the most important thing. “So, the advice is good but
nature abhors vacuum.”
asked his position on the IMF warning, Elumelu said, “My position is that
nature abhors vacuum, if you do not want Nigeria to take China loan, provide
the alternative. Like I keep saying, they should also support the development
of entrepreneurs, they should look at ways to help us eradicate poverty in a
manner that is sustainable. “For me, one of the surest way to eradicate poverty
is to ensure that our youths are gainfully employed through entrepreneurship.
“Also to make sure that development agencies – IMF, World Bank and co help and
support Nigeria to improve on her infrastructure, road transportation, access
to electricity. “These are things that will help us improve on security in
Nigeria, these are things that will help us increase prosperity through
employment which is the most important thing. “So, the advice is good but
nature abhors vacuum.”
On the
economy and the next level, he states; “let us just continue in what we are
doing, improve on them, increase capacity. “I operate in the power sector, we
are the biggest generator of electricity in Nigeria through Transcorp power and
I know first-hand what efforts government is doing. “But we need to do more, we
need to convert gas to power, we need to compliment what is going on already in
the Agric space and as you know there is peace and prosperity in that sector
but we need to add a little zeal to it to be able to attract investors. “The
elections are over, we need to move forward as a team, as a country so that our
people will be better for it.”
economy and the next level, he states; “let us just continue in what we are
doing, improve on them, increase capacity. “I operate in the power sector, we
are the biggest generator of electricity in Nigeria through Transcorp power and
I know first-hand what efforts government is doing. “But we need to do more, we
need to convert gas to power, we need to compliment what is going on already in
the Agric space and as you know there is peace and prosperity in that sector
but we need to add a little zeal to it to be able to attract investors. “The
elections are over, we need to move forward as a team, as a country so that our
people will be better for it.”
Elumelu
also said that his Foundation will continue to support the government and the
people through the $5,000 grant, so as to create a more prosperous society.
also said that his Foundation will continue to support the government and the
people through the $5,000 grant, so as to create a more prosperous society.
credit: Internet
I know that here you can learn more about USA schools. It was useful to read for me and my college friends
Really informative article.Really looking forward to read more. Really Cool.
โปรโมชั่นGclub ของทางทีมงานตอนนี้แจกฟรีโบนัส 50%
เพียงแค่คุณสมัคร Gclub กับทางทีมงานของเราเพียงเท่านั้น
ร่วมมาเป็นส่วนหนึ่งกับเว็บไซต์คาสิโนออนไลน์ของเราได้เลยค่ะ
สมัครสล็อตออนไลน์ >>> goldenslot
สนใจร่วมลงทุนกับเรา สมัครเอเย่น Gclub คลิ๊กได้เลย
Im grateful for the blog post.Really thank you!
เว็บไซต์คาสิโนออนไลน์ที่ได้คุณภาพอับดับ 1 ของประเทศ
เป็นเว็บไซต์การพนันออนไลน์ที่มีคนมา Gclub Royal1688
และยังมีหวยให้คุณได้เล่น สมัครหวยออนไลน์ ได้เลย
สมัครสล็อตออนไลน์ได้ที่นี่ >>> Golden slot
ร่วมลงทุนสมัครเอเย่น Gclubกับทีมงานของเราได้เลย
PLEASE READ!!Hello Guys!!! I am Caro I live in Ohio USA I’m 32 Years old, am so happy I got my blank ATM card from Adriano. My blank ATM card can withdraw $4,000 daily. I got it from Him last week and now I have withdrawn about $10,000 for free. The blank ATM withdraws money from any ATM machines and there is no name on it because it is blank just your PIN will be on it, it is not traceable and now I have money for business, shopping and enough money for me and my family to live on.I am really glad and happy i met Adriano because I met Five persons before him and they could not help me. But am happy now Adriano sent the card through DHL and I got it in two days. Get your own card from him right now, he is giving it out for small fee to help people even if it is illegal but it helps a lot and no one ever gets caught or traced. I’m happy and grateful to Adriano because he changed my story all of a sudden. The card works in all countries that is the good news Adriano's email address is adrianohackers01@gmail.com