OPS Excited over Manufacturing Sector’s Recovery from COVID-19 Headwinds Dike Onwuamaeze The Manufacturers Association of Nigeria (MAN) and the Lagos Chamber of Commerce and Industry (LCCI) have expressed excitement over the rebound of the manufacturing sector in the first quarter of
2021, which recorded a growth rate that was higher than its pre-COVID-19 performance. Data released by the National Bureau of Statistics (NBS) on Sunday showed that the Gross Domestic Product (GDP) grew by 0.51 per cent (year-on-year) in the first
quarter of 2021, (Q1 2021) compared with the 0.11 per cent recorded in the fourth quarter (Q4) 2020. The data also showed that the manufacturing sector recorded a 3.40 per cent growth rate in Q1 2021 after recording negative growth in
the Q4 of 2020. In addition, its Q1 2021 performance was also higher than the 0.81 per cent and 0.43 per cent it recorded in Q1 2019 and Q1 2020 respectively, which were pre-COVID-19 era. MAN Director-General, Mr. Segun Ajayi-Kadir, while
reacting to the GDP report said yesterday that the reported 3.40 per cent growth rate of the manufacturing sector in Q1 2021 came as a surprise, giving the numerous challenges facing the sector. He said: “We are currently experiencing the rising cost
of manufacturing inputs, so it is surprising to see a rate higher than the rate of 0.81per cent in Q1 2019 and 0.43 per cent of Q1 2020, which were relatively stable periods. “In Q1 2021, manufacturing Continued on page 10
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Attahiru’s Death Has Increased Our Problems,Says President Govs pay condolence visit Expert suggest possible cause of crash Deji Elumoye in Abuja President Muhammadu Buhari has said the loss of the Chief of Army Staff (COAS), Lt. Gen. Ibrahim Attahiru, and
10 other military officers and men during last Friday's plane crash in Kaduna has increased the nation's problems. The president, while receiving a delegation of
the Nigeria Governors' Forum (NGF), at the State House, Abuja, that paid him a condolence visit over the death of the 11 military officers and men, expressed
concern over their death at a time the country is battling security problems. The President of the Central African Republic, Mr. FaustinArchange Touadéra; King
Salman bin Abdulaziz Al Saud of Saudi Arabia; and the Secretary-General of the Anglican Communion, the Most Reverend Josiah IdowuFearon, also commiserated
with the president. Buhari reiterated the commitment of his administration to provide Continued on page 8
Buhari Queries Legality of Southern Governors’ Ban on Open Grazing Okays ranching, revival of grazing reserves' take-off in June Deji Elumoye in Abuja President Muhammadu Buhari yesterday took issue with Southern governors over their ban on open cattle grazing in the region. The president, in a statement by his media assistant, Mallam Garba Shehu, described the ban, announced as one of the resolutions the 17 governors from the zone made during their May 11 meeting in Asaba, Delta State, as of questionable legality. According to him, the governors' action is of “questionable legality, given the constitutional right of all Nigerians to enjoy the same rights and freedoms within every one of our 36 states (and FCT)-regardless of the state of their birth or residence.” Buhari, hoever, approved ranching and revival of grazing reserves nationwide. The president's stance on
the Southern governors' Asaba Declaration came a few days after the Attorney-General of the Federation and Minister of Justice, Mr. Abubakar Malami (SAN), expressed similar views. Malami, while fielding questions on a live television programme, had kicked against the open grazing ban, saying it was unconstitutional. The AGF had compared the Southern governors’ decision to their Northern counterparts banning spare parts trading in the North, considering the fact that the majority of spare parts traders in the North are from the South. He had said: “It is about constitutionality. Within the context of the freedoms enshrined in our constitution, can you deny a right of a Nigerian? It is as good as saying maybe the Northern Continued on page 8
JOINT ACTION ON DEVELOPMENT... Lagos State Governor, Mr. Babajide Sanwo-Olu (left), and Ogun State Governor, Mr. Dapo Abiodun, during the signing of the Memorandum of Understanding on Lagos-Ogun Joint Development Commission in Abeokuta…yesterday
Akeredolu, Fayemi Back South-west Leaders' Resolutions on Secession, Restructuring... Page 5