Vi­o­lence, killings don’t win elec­tion – Dick­son

Sunday Trust - - NEWS - From Bassey Wil­lie, Ye­nagoa From Sun­day Michael Ogwu, La­gos with agency re­port

Gov­er­nor Se­ri­ake Dick­son of Bayelsa State has warned politi­cians in the state against killings and vi­o­lence dur­ing po­lit­i­cal cam­paigns, say­ing such acts can’t win elec­tions but rather cause ten­sion in the state. The gov­er­nor, who was speak­ing dur­ing the 7th edi­tion of Bayelsa State an­nual thanks­giv­ing held at the state ec­u­meni­cal cen­tre yes­ter­day, stressed that power only comes from God. He urged un­scrupu­lous el­e­ments in the state who may be plan­ning to desta­bi­lize

The HSBC and UBS have closed their of­fices in Nige­ria. The Cen­tral Bank of Nige­ria which dis­closed this in a re­port on Fri­day, noted that for­eign in­vest­ments had fallen sharply in the past one year.

Though the CBN did not give rea­sons for the banks’ clo­sure, a HSBC re­search note dated July 18, said a sec­ond Pres­i­dent Muham­madu the hard-earned peace in the state to de­sist from such acts, and go about their cam­paigns peace­fully. The gov­er­nor said that in­stead of re­sort­ing to vi­o­lence and thug­gery dur­ing cam­paigns and elec­tions, politi­cians should fo­cus on is­sues bor­der­ing on the sta­bil­ity, de­vel­op­ment, peace and se­cu­rity of the state. Gov­er­nor Dick­son, who was joined by the Arch­bishop of the Church of God Mis­sion In­ter­na­tional, Arch­bishop Mar­garet Ida­hosa, Se­nior Pas­tor, House on the Rock, Pas­tor Paul Ade­farasin and the Pre­sid­ing Bishop of Lo­gos Min­istries In­ter­na­tional Church, Bishop Yomi Buhari term “raises the risk of lim­ited eco­nomic progress and fur­ther fis­cal de­te­ri­o­ra­tion, pro­long­ing the stag­na­tion of his first term, par­tic­u­larly if there is no move to­wards com­plet­ing re­form of the ex­change rate sys­tem or fis­cal ad­just­ments that di­ver­sify gov­ern­ment rev­enues away from oil.”

The HSBC Rep­re­sen­ta­tive Of­fice of­fers com­mer­cial bank­ing ser­vices in Nige­ria. The com­pany is based in La­gos, Nige­ria. The HSBC Rep­re­sen­ta­tive Of­fice (Nige­ria) Lim­ited op­er­ates as a Isi­jola, to mark the day, said God has been very faith­ful to the state. He said, “there is some­thing very im­por­tant that I wish to say here. Bayelsa is a blessed land. It is rated one of the most peace­ful states in the coun­try. Our state is one of the fastest de­vel­op­ing in Nige­ria.” “As we go into ef­fec­tive pol­i­tick­ing, politi­cians should know that power comes only from the Almighty God. Our politi­cians should note that you don’t get power by vi­o­lence, you don’t get po­lit­i­cal con­trol be­cause you are a dead­lier killer. Peo­ple should go about their cam­paigns with­out dis­rupt­ing the peace and sta­bil­ity of the state,” he said.

2 global banks close of­fices in Nige­ria

sub­sidiary of HSBC Bank Plc.

The CBN said for­eign di­rect in­vest­ment in Nige­ria also fell to N379.84bn ($1.2bn) in the first half of the year from N532.63bn ($1.7bn) a year ear­lier.

The Cen­tral Bank said the out­look for the Nige­rian econ­omy in the sec­ond half was “op­ti­mistic” given higher oil prices and pro­duc­tion.

The CBN added that non-per­form­ing loans had dropped to 12.4 per cent as of June 2018 from 15 per cent a year ago.

Newspapers in English

Newspapers from Nigeria

© PressReader. All rights reserved.