THINK TANK: PETER OBI'S ECONOMIC ANALYSIS, SIMPLISTIC, SHOWS A PEDESTRIAN UNDERSTANDING OF THE NATIONAL ECONOMY.(PHOTO).#PRESS RELEASE

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  Think Tank: Peter Obi's economic analysis, simplistic, shows a pedestrian understanding of the national economy(P The Independent Media and Policy Initiative (IMPI) has described recent comments by Peter Obi, the Labour Party presidential candidate in the 2023 election, on using money to drive economic productivity as not only simplistic but also hollow.   The policy group noted that Mr Obi's position, which he canvassed in a recent TV interview, shows a pedestrian understanding of the national economy. In a policy statement signed by its Chairman Dr Niyi Akinsiju, IMPI argued that economic productivity is not a stand-alone item that could be automatically fixed with a single-dose action. It said: "We do not begrudge Mr Obi accusing the administration of President Bola Ahmed Tinubu of being ineffective in implementing economic policies. We consider his proposition of injecting money into productivity as the singular solution to Nigeria's economic malaise in the first...

EFCC NABS BENUE VIGILANTE COMMANDANT FOR ALLEGED N449.5M FRAUD.{PHOTO}.#PRESS RELEASE.

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      The Economic and Financial Crimes Commission, EFCC, Makurdi Zonal Office, has arrested one George Mbessey over allegation of conspiracy, abuse of office and diversion of public funds to the tune of N449.5million.
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Mbessey, who is the Commandant, Benue State Vigilante Group, BSVG, was arrested by operatives of the EFCC on Wednesday, May 27, 2020 in Makurdi following a petition urging the Commission to investigate a case of alleged financial recklessness against the suspect.
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The petitioners stated that, the BSVG used to receive its official funding of N20million monthly directly from the Bureau of Local Government and Chieftaincy Affairs through its official account.
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