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Group seeks three-year state of emergency on economy

The Federal Government was advised yesterday to declare a three-year emergency on the economy.


Southeast Southsouth Professionals’ President Emeka Ugwu-Oju gave the advice when the group visited Vice President Yemi Osinbajo at the Presidential Villa, Abuja.

Briefing State House correspondents at the end of the meeting, Ugwu-Oju noted that the economy was in bad shape.

He said: “On the current stage of the economy, we strongly suggested that Mr. President, in consultation with the National Assembly, declare a three-year emergency on the economy.

“And this is not about APC and PDP, this is something non-partisan, our economy is bad. People should realise that because we are making it seem like is something that will go away. We were having $100 a barrel and now we might not have $50 a barrel in the next three years and we have to factor it in.

“This issue of fuel scarcity is a typical example of what has happened. We didn’t plan for it before, we now have to get every citizen, not a question of Mr. Bad or Mr. Good. The total leadership has to realise that Nigerians have to come together; we have to roll up our sleeves so that everyone has a role to play.”

Ugwu-Oju added: “We have to sacrifice. It is not just the poor that should be sacrificing alone. For example, I see no reason why any minister, governor or whoever should be travelling outside economy class. We have to show that things are bad. You can’t tell me things are bad and I see you drinking champagne, flying first class or on private jet; same goes for the private sector.

“These were the things we tried to make the Vice President know and then communicate. We had a good engagement and as you know, he is intelligent, hardworking, cerebral and we are happy he is the Vice President of the country.”

According to him, the Vice President accepted to be the special guest of honour at the second Southsouth Southeast Forum on April 28 and 29.
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