…As Yoruba Ronu Group lauds Buhari’s new Economic Advisory Council, saying it is timely!***
An Upper Area Court Mpape, Abuja, on Thursday sentenced a farmer, Yusuf Jimidi, to four months in prison for stealing five chickens, belonging to a trader.
The judge, Hassan Muhammad, sentenced Jimidi after he pleaded guilty to theft.
Muhammad, however, gave the convict an option to pay a fine of N10,000 fine; as well as to pay N15,000 as compensation to the complainant, Aremo Folorunsho, bringing total payable to N35,000.
Earlier, the prosecutor, Mr M. Austin, told the court that the case was reported at Mpape Police Station by the complainant, Folorunsho, who resides in Mpape, Abuja on Sept. 16.
Austin said the 19-year-old convict stole five chickens valued at N15, 000.
He said that during Police investigation he confessed to the crime.
The offence, he said, contravened the provisions of Section 288 of the Penal Code.
In the meantime, the Yoruba Ronu Leadership Forum, a socio-cultural group, on Thursday commended President Muhammadu Buhari for constituting an Economic Advisory Council (EAC), comprising of professionals and academics, describing the gesture as timely and a necessary decision, capable of promoting economic growth.
In a statement signed Mr Akin Malaolu, President of the forum, the Sociocultural group also noted that the calibre of people that constitute the new team renews people’s hope in Federal government’s promises.
“To achieve possible economic growth, all economic variables well over 200 of them must all be moved up at the same speed so that the prosperity the government promised can begin to show itself.
“The recent initiative of the government to rejig the economic growth of the country is a welcome development.
“We are very comfortable with the calibre of experts so far named’ he said.
The group dismissed speculations that President Muhammadu Buhari might have lost confidence in the ability of Vice -President Yemi Osinbajo- led Economic management Team.
The group urged President Buhari to consider inclusion of national development experts in the economic team.
“The new should have development expert in the mold of Professor Akin Mabogunje included.
“The addition of experts like him will give proper enlightenment on population growth and needs, land use generally and its benefits and the direction of migrants within the nation’s space”.
However, the group disagreed with the increase in Value added tax (VAT), recently announced by the federal government.
“The recent increase in VAT percentage from five per cent to 7.2 per cent will further widen income inequality in the country.
“It can lead to resentments that may force the Nigerian masses to see their government as insensitive to their plight, and we urge government to have a rethink, Malaolu stated.
The Federal Government, on Monday, appointed an eight-man Economic Advisory Council, to be chaired by Prof Doyin Salami.
Other members include Dr. Mohammed Sagagi (Vice-Chairman), Dr. Mohammed Salish as Secretary.
Members include Prof Ode Ojowu; Dr Shehu Yahaya; Dr Iyabo Masha; Prof Chukwuma Soludo and; Mr Bismark Rewane.
The federal government has announced plan to increase VAT on some non essential items from five per cent to 7.5 per cent.
In addition, some commercial banks have been notifying their customers of the Central Bank of Nigeria’s directive to impose charges on certain categories of Naira cash deposit.