News
Peter Obi Criticizes President Tinubu’s Economic Management

Published
5 days agoon
By
Ekwutos Blog
In a recent interview on AriseNews, Peter Obi expressed concerns over President Bola Ahmed Tinubu’s economic management, citing the significant increase in the value of the dollar during his tenure. Obi noted that the dollar value has risen from 300 to 400 naira to 1,500 naira, which he implied is a negative development.
Obi also stated that President Tinubu is delivering on his promise to continue from where former President Buhari left off.
Obi in his statement is suggesting his view of Tinubu’s economic policies as a continuation of the previous administration’s policies, which he seems to criticize.
Obi’s criticism of the Federal Government’s economic management is not new.
He has previously accused the government of neglecting economic management issues
Ekwutosblog recalls when he called out the Federal Government, accusing it of not giving adequate attention to economic management issues. Obi expressed his concerns in a statement via his official social media handle.
He specifically criticized the recent National Assembly approval of President Bola Tinubu’s request for the securitization of the outstanding N7.3 trillion ways and means debt balance.
Obi described securitization as ‘illegal’ and pointed out that the former President Muhammadu Buhari’s administration also received Senate approval for N22.7 trillion in ways and means borrowing from the Central Bank of Nigeria (CBN) just 26 days before the end of the eight-year tenure.
He called for a focus on rational economic management beyond political considerations and partisan grandstanding, expressing concerns about the government’s attention to fundamental economic issues.

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FCCPC Urges Nigerians to Report Harassing Loan Apps and Businesses

Published
6 hours agoon
April 7, 2025By
Ekwutos Blog
The Federal Competition and Consumer Protection Commission (FCCPC) is advising Nigerians to report any loan apps or businesses that engage in harassing behavior over unpaid loans.
According to the FCCPC, no consumer should live in fear of harassment or intimidation.
Ekwutosblog gathered that Consumers can file complaints with the FCCPC through their website or contact their customer service hotline.
The FCCPC is responsible for protecting consumer rights and promoting fair competition in Nigeria.
FCCPC has taken steps to regulate digital money lenders and enforce consumer protection laws, including fining Meta and WhatsApp $220 million for violating the Federal Competition and Consumer Protection Act (FCCPA) and the Nigeria Data Protection Regulation (NDPR)
To file a complaint, follow these steps
Visit the FCCPC website and fill out the complaint form. Provide detailed information about the harassment, including dates, times, and communication records. Submit supporting documents, such as screenshots or messages. FCCPC Website: https://fccpc.gov.ng/ Customer Service Hotline: 0805 600 2020, 0805 600 3030
Email: mailto:contact@fccpc.gov.ng
Business
Chief Vincent Obianodo is the Founder of Young Shall Grow Group, a leading transportation company in Nigeria.

Published
7 hours agoon
April 7, 2025By
Ekwutos Blog
Chief Vincent was Born in Neni, Anambra State, He spent his early life in his hometown after which he moved to Kano state where He learnt how to fix punctured tyres (vulcanizer), and became perfect at it (a time when few people could do it), because of it he had a lot of customers queuing for his vulcanizing services.
He did the job for more few years before he decided to go into the transportation business as a bus conductor. He continued the bus conductor job until 1972 when he had gathered enough money to buy his bus. After acquiring maximum knowledge on how the transportation business works, he then decided to stop working as a bus conductor and he acquired a mini-bus to ply the Enugu to Onitsha route.
In 1973 he relocated his business operations from Onitsha to Lagos and ventured into a more developed transport business, which he started with two locally built Mercedes Benz 911 buses. After seven years of operating in Lagos, the number of buses he owned increased from 2 to 40 alongside his transport business. He also engaged in the delivery of goods which also boosted the success of his business.
His exceptional customer service delivery got many people to patronize his business and by 1978, he decided to expand by opening up a new interstate route, plying from Lagos to Onitsha to Owerri. He also bought a Mercedes Benz 0362 luxury bus for this purpose. This expansion gained his business more fame and within 6 years, his number of buses grew to 150. Owing to the success of the business, Chief Vincent Incorporated his business in 1984 so he could fully cover every possible part of Nigeria, as a leading inter-state luxury bus company.
Today, The Young Shall Grow Motors is one of the largest luxury bus companies in Nigeria with over 500 buses that ply almost every route in Nigeria as well as other west African countries like Ghana, Burkina Faso, Mali and The Benin Republic.
He also has businesses in the Hospitality, Oil and Gas, Real estate sectors.
From Vulcanizer to millionaire in dollars, today his net worth is over 300 million dollars.
News
It’s wrong to check suspect’s phone – Ebonyi Police Commissioner

Published
19 hours agoon
April 6, 2025By
Ekwutos Blog
Ebonyi State Commissioner of Police, Adaku Uche-Anya, has condemned the checking of people’s phones and the transferring of money from these phones by police officers.
Students of Ebonyi State University, EBSU, Alex Ekwueme Federal University, Ndufu-Alike Ikwo, AE-FUNAI, and some members of the public have been complaining of harassment, unauthorised phone checks by policemen, and the transfer of funds from their accounts to the officers’ accounts.
At a town hall meeting with security stakeholders in the state, held at the police officers’ mess at the headquarters of the Abia State Police Command in Abakaliki, the state capital, Adaku Uche-Anya warned officers of the command against this disturbing trend, describing it as criminal.
She noted that the police hierarchy prohibits checking phones without a warrant.
The Commissioner of Police provided the audience with contact numbers of senior officers to report any infractions by police personnel in the state.
She also cautioned members of the public against taking the law into their own hands or engaging in jungle justice.
She expressed her gratitude to the stakeholders for their cooperation in ensuring the security of the state.
The purpose of the meeting, according to her, was to assess the command’s performance and identify areas for improvement in service delivery.
The meeting was attended by traditional rulers, representatives from the Nigeria Labour Congress, NLC, Trade Union Congress, TUC, National Association of Nigerian Students, NANS, National Union of Road Transport Workers, NURTW, Nigeria Union of Journalists, NUJ, market leaders, and other relevant stakeholders.

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