MAN FOUND UNCONSCIOUS AFTER ALLEGEDLY THROWING CHILDREN FROM STOREY BUILDING IN ABA. (PHOTO).

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  DEVELOPING STORY: Man Found Unconscious After Allegedly Throwing Children From Storey Building in Aba A man was reportedly found unconscious but still breathing after allegedly falling from a storey building at New Phase of Umuobe by Barracks, Opobo Road, Obignwa, Abia State. The incident, which occurred on Thursday, has caused panic among residents of the area. Eyewitnesses told Magic FM Aba that the man allegedly threw two of his children from the building before attempting to throw down his wife. However, the circumstances surrounding the incident remain unclear. The two children were reportedly rushed to a hospital for medical attention. As of the time of filing this report, Magic FM Aba could not independently confirm their condition or whether they survived the fall. The man, who sustained an injury to the head, was still lying in front of his house and had yet to receive assistance as of the time of this report. Witnesses said he was unconscious but still breathing. Reside...

WALE EDUN: TINUBU’S ECONOMIC REFORMS WON’T YIELD RESULTS NOW.(PHOTO).


Wale Edun: Tinubu’s Economic Reforms Won’t Yield Results Now

Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has said Nigerians should not expect to reap the benefits of the economic reforms by President Bola Tinubu now.

Edun said the administration is assiduously working on how to stabilise the economy and strengthen foreign exchange for productive activities.

According to NAN, the minister said this during the virtual 2023 Annual Directors’ Conference of the Chartered Institute of Directors (CIoD) Nigeria, on Thursday.

Nigerians have been grappling with hardship since Tinubu removed fuel subsidy and attempted to unify the official and parallel markets’ exchange rates.

Also, the Central Bank of Nigeria (CBN) collapsed the multiple official market rates to the investors and exporters (I&E) window and it adopted the ‘willing buyer, willing seller’ model.

Consequently, the removal of subsidy on petrol has led to a surge in the cost of petrol, while the naira has devalued significantly against the dollar in the official and parallel markets.

Defending his principal’s reforms, Edun said the economic adjustments were pertinent and their benefits would take some time to materialise.

“The economic reforms are necessary; its benefits will take some time to materialise…”

“The agenda is to provide first and foremost a stable economy, growing more than population growth, with low inflation, stable foreign exchange to enable investments in productive activities.

“This is what the president is working on and we are a work in progress and we look forward to the task at hand.

“The big price is to make ourselves a formidable economy, our institutions a corporate governance place so that those interested in investing can have trust in their investment.

“The IoD has a major role to play in championing corporate governance so we have a clean lead corporate sector which the world can come and partner for growth and progress.”

 

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