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...

FHC REMANDED THE AGF AND OTHERS TO KUJE PRISON.(PHOTO).#PRESS RELEASE.




Federal High Court, sitting in Abuja has remanded the Accountant- General of the Federation, AGF, Ahmed Idris and two others to Kuje Prison. Trial adjourned to Wednesday, July 27, 2022 for hearing and determination of bail application. More details later.

UPDATE
Alleged N109bn Fraud: Court Remands Ex-AGF Idris in Prison

Justice A. O. Adeyemi Ajayi of the Federal Capital Territory High Court, Maitama Abuja, remanded the suspended Accountant-General of the Federation, Ahmed Idris and his co-defendants: Godfrey Olusegun Akindele, Mohammed Kudu Usman in Kuje Correctional Centre pending the determination of their bail applications.

The trio were arraigned alongside a company, Gezawa Commodity Market and Exchange Limited, on a 14-count charge bordering on gratification, abuse of office and money laundering to the tune of over N109 billion fraud.
More photos below. 




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