Business
LG Boss Predicts Better Economy After COVID-19
The Chairman of Eleme Local Government Area of Rivers State, Hon. Philip Okparaji, has said that the economy across the three tiers of government is gradually picking up after the lockdown caused by the Coronavirus pandemic.
Okparaji, who made this observation in his office at the LGA headquarters, said that companies and individuals have commenced operations.
This, according to him, means that taxes, VATs and other generated revenues that keep the economy vibrant have picked up again.
“The Federal Government last month generated N654 billion which was shared among the three tiers of government, an improvement from the N545 billion generated the previous month.
“New cases of the virus have reduced and many treated patients have also been discharged from the hospitals, so there is progress”, he said.
The chairman, however, called on the citizens of the state and local governments to continue to observe the protocols to stay safe until the virus is totally eradicated.
On the people that lost their jobs during the pandemic, Okparaji said, “l think as the economy is picking up, companies should be able to call back the staff they rendered redundant.
“Eleme economy after the lockdown is picking up as the markets are open for business”.
He commended the state Governor, Chief Nyesom Wike, for what he called a proactive step to open the markets after due considerations.
Hon. Okparaji appealed to the companies doing business in Eleme to ensure that the levels one to six employment opportunities are reserved and given to the indigenous people of Eleme as stipulated by the law.
By: Lilian Peters
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