NGO Solicits Stakeholders Support To Revive Economy

The Chairman of SOWENON group, a Non Governmental Organisation, Dr Sam Olufemi Jenfa, has called on Ministers of Nigeria’s Executive Council, Economists and professional groups from various sectors as a matter of urgency, rally support for the President in the task of restoring the economy through performance monitoring and social cohesion approach. Dr  Jenfa, made the appeal in a statement to Newsmen in Abuja.

Dr Jenfa says that there is a need for a practical step beyond the theoretical approach to be urgently taken by the Tinubu administration for a complete restoration of the economy just as the whole world is witnessing a similar step the British Prime Minister together with his cabinet, is taken to reverse the economic recession.He urged the Federal Government to tackle the proceeds from the crude oil in a way where its 90% contribution to our nation’s foreign exchange earnings (from 1.8 million barrels daily production through 18 operating pipelines), can be of significant benefit to the citizens as opposed to few people monopolising the wealth of the nation.While commending the military and other security agencies for the success recorded so far against Banditry and insurgency, Dr Jenfa urged President Tinubu, to provide more funding support for the Security Agencies to restore safety, security, and peace to the nation.

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