*Says positive result indication economic policies of APC working
*Information in circulation in Lagos/Ogun axis shows impact in masses
In what looks like corroborating the first source, a social media activist, AG Alade, posted on his Facebook wall Wednesday evening that, “I think we ought to report progress when we notice, not only the negative. Diesel from 345 to 165. Gas from 3200 to 2250 (kg not specified). Kero from 300 to 190 (ltr). Petrol from 145 to 143 (ltr). Garri paint from 1000 to 600. A bag of rice from 23k to 15k.” He listed out how economic recovery largely through agricultural intervention of the Muhammadu Buhari-led Federal Government has impacted positively on the masses but many have wondered why some vocal few around refuse to sing it out. The DEFENDER’s source in Owode/Idiroko market area gave price of a bag of rice at N12,500 while in Sango-Ijoko LCDA’s main market at Sango, Ogun State a bag of rice is sold for N13,000.
The Speaker of the House of Representatives, Mr Yakubu Dogara, has expressed happiness over the latest report released by the National Bureau of Statistics which indicated that Nigeria had finally exited recession.
In a statement by his Special Adviser on Media and Public Affairs, Mr Turaki Hassan, on Tuesday in Abuja, Dogara said the House was gladdened by the goodness of performance of economy in the last quarter.
He said the positive result was an indication that the economic policies of the All Progressives Congress (APC) administration were on track.
He added that the task ahead was for sustained efforts by both the Executive and the Legislature in fast tracking programme implementation for even more rapid economic growth and development.
“We must now channel our energies towards measures aimed at job creation for the millions of our people, address the widening socio-economic inequalities and creating opportunities for all Nigerians.
“The House of Representatives will more than ever before step up it’s partnership with the Executive in this regard by introducing as well as supporting all measures designed to blossom the economy and put food on the tables of all Nigerians.
“This informed the passage of the Federal Competition and Consumer Protection Commission Bill which should go a long way in attracting foreign direct investment.
“It will also create job opportunities for our people and provide healthy and conducive business environment for the private sector to thrive.
“We will implore the President to assent to this revolutionary bill as soon as it is concurred by the Senate and transmitted to him.”
Meanwhile, a reliable source gave latest state of prices in the market as an indication that exit from recession is impacting on the masses “except that those who don’t want Nigerian masses to live well will mischievously refuse to reduce their prices.”
In what looks like corroborating the first source, a social media activist, AG Alade, posted on his Facebook wall Wednesday evening that, “I think we ought to report progress when we notice, not only the negative. Diesel from 345 to 165. Gas from 3200 to 2250 (kg not specified). Kero from 300 to 190 (ltr). Petrol from 145 to 143 (ltr). Garri paint from 1000 to 600. A bag of rice from 23k to 15k.” He listed out how economic recovery largely through agricultural intervention of the Muhammadu Buhari-led Federal Government has impacted positively on the masses but many have wondered why some vocal few around refuse to sing it out.
The DEFENDER’s source in Owode/Idiroko market area gave price of a bag of rice at N12,500 while in Sango-Ijoko LCDA’s main market at Sango, Ogun State a bag of rice is sold for N13,000.
