“Rome Burns While Nero Fiddles”
The Supreme Court Judgement which ousted Hon.Emeka Ihedioha and declared Senator Hope Uzodinma as duly elected Imo State Governor, and the attendant political fireworks that trailed the verdict, has stifled the economy of the State.
The economy of Imo State at the moment is stagnant, begging for movement in the face of rising political turbulence, that has engulfed State since the January 14 judgement of the nation’s apex court.
No investor, local or foreign, will invest in an environment political uncertainty is at optimum level, and in a political environment politicians engage in ceaseless political battles even when the period for elections are over.
The judgement of the Supreme Court and the pro and counter protests in Owerri and in other parts of the country that has trailed the verdict, has dislocated the Imo economy and forced businesses in the State to operate at a low ebb.
The much talked about review of the judgement by the Supreme Court, has further made it uncertain for investors to come to the State and invest. No investor will invest in a state governance looks shaky and unstable.
However, we commend Governor Hope Uzodinma for his decision to continue with some of the policies and programmes of his predecessor, Emeka Ihedioha. This underscores the fact that Government irrespective of political party at the helm of affairs is a continuum.
He must walk his talk as we expect a robust approach by his administration to provide the right atmosphere for investors, who are fast developing cold feet in investing in the State because of political uncertainty.
His economic vision for the State anchored on prosperity for the people should be driven by a compelling desire to make Imo better in which the ultimate benefactors will be the people.
The Ihedioha administration had successfully restored Ease of Doing Business in the State after many years of a redundant business environment in Imo State. We strongly advise this is sustained.
The efforts of Ihedioha’s administration to attract investors translated to the near take off of a $60 million Dollar Africa Quality Assurance Centre, AQAC, in Ngor Okpala Local government area sponsored by AfriExim Bank and prompted the resolve of four airlines to commence full operations at Sam Mbakwe International Cargo Airport.
Such laudable milestones signified a bold and radical attempt by that administration to open up the Imo economy to the booming international market for greater benefit and gains for the State.
Imo State is in need of a buoyant economy that will guarantee the happiness and prosperity of the people.
This should not be compromised on the altar of political expediency.
Ad Hotline: 08066605375