Index to Nigerian Newspapers

According to Engr Otis Anyaeji, a former president of the Nigerian Society of Engineers (NSE), if the real estate market is stable, Nigeria won't ever have a recession.He claimed that one of the most significant economic areas that required adequate development was real estate.He said that given the industry has the potential to stabilise the economy, it was crucial that developers look for alternate energy sources to avoid being hampered by issues in the electricity sector.

Nigeria won't ever experience a recession, according to Engr. Otis Anyaeji, a former president of the Nigerian Society of Engineers (NSE).He asserted that real estate was one of the most important economic sectors that needed proper growth.According to him, it is essential that developers look into alternative energy sources since the industry has the ability to stabilise the economy. This will help them avoid being restricted by problems with the electrical sector.

The crisis rocking the New Nigeria Peoples Party (NNPP) took a new turn on Tuesday as the two factions held parallel meetings and announced the expulsion of the BoT chairman and suspension of its national leader.

Daily Trust reports that the National Executive Committee (NEC) met in Abuja and ratified the expulsion of the chairman, Board of Trustees (BoT), Dr Boniface Aniebonam, and the National Publicity Secretary, Dr Agbo Major, with 14 others. The BoT of the party led by Dr Aniebonam met in Lagos and suspended the presidential candidate in the February 25 general election, Senator Rabiu Kwankwaso. 

Kwankwaso was conspicuously absent during the NEC meeting held at Bolingo Hotel, Abuja, which had the governor of Kano State, Abba Kabir Yusuf, and the speaker of the state assembly, Alhaji Jibrin Falgore, in attendance.

The NNPP has been rocked by a crisis recently as its National Working Committee (NWC) dissolved seven state executive committees as well as the founder and Chairman of the Board of Trustees, Dr Boniface Aniebonam, and the National Publicity Secretary, Dr Agbo Major. 

The NEC alleged the BoT members and others affected were expelled for forming parallel boards, National Working Committee (NWC) and State Working Committees (SEC).

The acting national chairman of the party, Alhaji Abba Kawu, said a seven-member disciplinary committee was earlier set up by the NWC whose report led to the suspension of the state executive committees.

While explaining that the NEC was aimed at restructuring the party, Ali urged those who have won elections on the platform of the party to be good ambassadors and emulate Kwankwaso.

He also said the meeting intended to change the logo of the party, adding that there was a need to deliberate on the issue so that collectively an acceptable logo can be unveiled.

Meanwhile, the Secretary of the BoT, Babayo Muhammed Abdulahi, who spoke after a ‘special general assembly’ in Lagos said Kwankwaso has been suspended for six months over anti-party activities.