• News
  • Business
  • National
  • Politics
  • Opinion
  • Tech
  • Gist & Jabs
  • Lifestyle
  • Entertainment
  • Health
  • Travel
Wednesday, October 4, 2023
The Gist Day
No Result
View All Result
  • Login
  • News
    • All
    • National
    President Tinubu Appoints Spokesperson, Chief of Protocol, Media Special Assistant

    Tinubu Sends Three More Ministerial Nominees To Senate For Screening

    US Judge adjourns Chicago University records case till Monday following Tinubu’s appeal

    Tinubu’s Academic Credentials Released By Chicago State University, Confirms He Graduated In 1979

    Ooni Begs Nigerians To Be Patient With Tinubu’s Government

    Ooni Begs Nigerians To Be Patient With Tinubu’s Government

    Stop Saying “May Nigeria Not Happen To Me” – Fashola Urge Nigerians

    Stop Saying “May Nigeria Not Happen To Me” – Fashola Urge Nigerians

    Labour Suspends Planned Indefinite Strike For 30 Days

    Labour Suspends Planned Indefinite Strike For 30 Days

    “Traditional Institutions, Christianity Not In Conflict” — Olu Of Warri

    “Traditional Institutions, Christianity Not In Conflict” — Olu Of Warri

    Trending Tags

    • Commentary
    • Featured
    • Event
    • Editorial
  • Business
  • National
  • Politics
  • Opinion
  • Tech
  • Gist & Jabs
  • Lifestyle
  • Entertainment
  • Health
  • Travel
  • News
    • All
    • National
    President Tinubu Appoints Spokesperson, Chief of Protocol, Media Special Assistant

    Tinubu Sends Three More Ministerial Nominees To Senate For Screening

    US Judge adjourns Chicago University records case till Monday following Tinubu’s appeal

    Tinubu’s Academic Credentials Released By Chicago State University, Confirms He Graduated In 1979

    Ooni Begs Nigerians To Be Patient With Tinubu’s Government

    Ooni Begs Nigerians To Be Patient With Tinubu’s Government

    Stop Saying “May Nigeria Not Happen To Me” – Fashola Urge Nigerians

    Stop Saying “May Nigeria Not Happen To Me” – Fashola Urge Nigerians

    Labour Suspends Planned Indefinite Strike For 30 Days

    Labour Suspends Planned Indefinite Strike For 30 Days

    “Traditional Institutions, Christianity Not In Conflict” — Olu Of Warri

    “Traditional Institutions, Christianity Not In Conflict” — Olu Of Warri

    Trending Tags

    • Commentary
    • Featured
    • Event
    • Editorial
  • Business
  • National
  • Politics
  • Opinion
  • Tech
  • Gist & Jabs
  • Lifestyle
  • Entertainment
  • Health
  • Travel
No Result
View All Result
Morning News
No Result
View All Result
Home Business

Nigeria’s Economy Is Dead – Olusegun Mimiko

Emmanuel Onminyi by Emmanuel Onminyi
March 17, 2020
in Business, National, News, Politics
0
Nigeria's Economy Olusegun Mimiko
0
SHARES
72
VIEWS
Share on FacebookShare on Twitter

A former governor of Ondo State, Olusegun Mimiko, has declared that the Nigerian economy has failed. READ ALSO: Federal Government Suspends $22.7 Billion External Borrowing Plan

READ ALSO

FCMB Celebrates Excellent Team Service

Tinubu Sends Three More Ministerial Nominees To Senate For Screening

Speaking at the opening ceremony of the 70th birthday celebration of poet and author, Odia Ofeimun, themed “Taking Nigeria Seriously: A Conference in Honour of Odia Ofeimun.”

According to the former governor, the unemployment situation in the country speaks volume of the poor state of Nigeria’s economy.

Mimiko said: “Again, you don’t need to tell anybody that the economy in Nigeria has failed.

“The level of failure of our economy is on the streets.”

Stressing on the negativity of unemployment, Mimiko, while dismissing the reports of the Nigerian Bureau of Statistics on Nigeria’s unemployment rate, said if everything is factored into the mix, graduate unemployment should be above eighty per cent.

The former governor posited: “That’s why there is cultism, there is violence.

“The young ones have no Biodun Jeyifos, no G.G Daras, there is no Osofisan to look up to. They only look up to Marley… Marley Naira or whatever.”

On the issue of restructuring, Mimiko contended that various developments across different parts of the country speak of an urgent need to restructure the nation.

He noted that the establishment of the Amotekun security outfit in the South-west spurred the South-south regional security initiative and other regions have since joined the fray.

He said: “Restructuring, whether we like it or not, is an idea whose time has come. And the signs are absolutely clear. The level of insecurity in Nigeria today is self-evident. You don’t really need any “Fulanisation” mystification to see it. Nigeria is insecure. The dialectics of insecurity in Nigeria is pointing in only one direction: a centralised police system cannot police Nigeria.

“And it is so evident; it is so compelling, that even the high priests of unitary government could not stop the Amotekun phenomenon. There was no way they could stop it. As a matter of fact, the day the Attorney General made a pronouncement against Amotekun that was the catalyst the South-west needed to actually endorse the Amotekun phenomenon.”

The event, held at the Julius Berger Hall of the University of Lagos campus, was chaired by the Minister of Interior, Rauf Aregbesola.

Tags: EconomyNigeriaOlusegun MimikoOndo State

Related Posts

FCMB Celebrates Excellent Team Service
Business

FCMB Celebrates Excellent Team Service

October 3, 2023
President Tinubu Appoints Spokesperson, Chief of Protocol, Media Special Assistant
National

Tinubu Sends Three More Ministerial Nominees To Senate For Screening

October 3, 2023
US Judge adjourns Chicago University records case till Monday following Tinubu’s appeal
National

Tinubu’s Academic Credentials Released By Chicago State University, Confirms He Graduated In 1979

October 3, 2023
Ooni Begs Nigerians To Be Patient With Tinubu’s Government
National

Ooni Begs Nigerians To Be Patient With Tinubu’s Government

October 3, 2023
Stop Saying “May Nigeria Not Happen To Me” – Fashola Urge Nigerians
National

Stop Saying “May Nigeria Not Happen To Me” – Fashola Urge Nigerians

October 3, 2023
Labour Suspends Planned Indefinite Strike For 30 Days
National

Labour Suspends Planned Indefinite Strike For 30 Days

October 3, 2023
Glo

glo
app




Categories

  • A Call to Prayer
  • Agriculture
  • Appointments
  • Business
  • Celebrities
  • Coronavirus
  • Corporate Amazon
  • Economy
  • Education
  • Entertainment
  • Environment
  • Fashion
  • Financial Literacy
  • From the Kaaba
  • From the Pulpit
  • Gist & Jabs
  • Health
  • Jobmart
  • Lifestyle
  • Living
  • Metro Gist
  • National
  • News
  • Op-Ed
  • Opinion
  • Politics
  • Presidency
  • Press Release
  • Religion
  • Sport
  • State News
  • Tech
  • Tourism
  • Travel
  • Uncategorized
  • World News

Recent Posts

  • Mohbad’s Death: Police Takes Naira Marley Into Custody
  • Mohbad’s Father Demands DNA Test On Grandson
  • “I Didn’t Know There Was Cash Scarcity In Nigeria”- Regina Daniels Reveals
  • Trailer driver arrested after knocking down newly-errected barrier on Ojuelegba bridge
  • Disclaimer
  • Google Adsense
  • Home 2
  • Ikoyi building collapse: Corper who redeployed from Borno to Lagos, confirmed dead
  • Leaked Conversation: There Will Know Peace Until Hope Uzodimma Leaves Government House – Emeka Ihedioha
  • MAN Condemns Invasion Of Dangote Cement Plant By Kogi State Govt
  • Privacy Policy
  • Sample Page
  • TheGistDay
  • Whitemoney And New Lady Spotted Stepping Out Of Hotel Together (Video)

© 2023 TheGistDay.

No Result
View All Result
  • News
  • Business
  • National
  • Politics
  • Opinion
  • Tech
  • Gist & Jabs
  • Lifestyle
  • Entertainment
  • Health
  • Travel

© 2023 TheGistDay.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In