Deputy Speaker of the House of Representatives, Benjamin Kalu has said that the South East region lost a whopping N4 trillion due to the stay-at-home order in the past two years.
Delivering his key-note address at the annual all markets conference in Lagos on Friday, July 14, Kalu said the stay-at-home order has cr#ppled businesses and investments in Abia, Anambra, Enugu, Ebonyi and Imo, the five states of the South East.
According to him, “The existential thr£@t to Igbo entrepreneurship and businesses now is the insecurity and sit-at-home problem in the south-east. The mutation of this problem is largely unfathomable. It is becoming a cank£rworm that is eating deep into our collective fortune as a people.
If I do not tell you the truths as your son, then it will be difficult for anyone in governance from Ala-Igbo to tell you. I am pained by what our dear land has become. We have to be honest and sincere with ourselves. I make a heartfelt plea to every one of you.
We cannot afford to retreat from our business endeavours. The stay-at-home order on Mondays has resulted in staggering losses of N4 trillion in the last two years in the south-east alone according to statistical data.”
