‘Public Holidays Boost Nation’s Economy’- Ogungbangbe

By ISAAC OLUSESI

Dr Thomas Olaleye Ogungbangbe has commended the positive relationships between public holidays and consumer spendings, in favour of the nation’s economy.

He made the commendation in his goodwill on the occasion of the season’s celebrations, hallmarked by the nation’s modest hospitality and public holidays, bearing significantly on reflections on the four critical and interlinked issues of patriotism, security, stability, and development.

Special Apostle Ogungbangbe, the suave politician, entrenched in the Ijesa North All Progressives Congress (APC), Osun State said, he was not unmindful of the ongoing ambitious policy initiatives in the various economic sectors under the currently effective and responsive governance of the nation.

He charged holiday makers and the generality of Nigerians to reflect the values of the season identified as humility and simplicity, peace and hope, love and charity, and forgiveness and restoration in social, economic and political relationships on daily basis, adding that “the values are capable of galvanizing the political leadership and citizenry towards a brighter, more united, more stronger, more humane and more prosperous nation of our dream.”

The urbane businessman stated that people who travel to different places for the celebrations of the season spend more money on the consumable in the open markets, departmental stores, and entertainments of families, relations, and loved ones, with the expenditures, generating increased activities in commerce and transportation industry, a period of rapid and strong economic expansion at full capacity, loud and deep with high returns to investors that suddenly puts slump or crash behind. And for the nation, higher gross domestic product or GDP.

He stated that the season celebrants, other well wishers and holiday makers generally, are joined for celebrations at amusement parks, recreation centres, restaurants, tourism sites, seasides or holiday resorts by other charming fun characters in the relaxation for food and champagnes to improve health, longevity and strengthen bonds. And all of that boosts the consumer spendingsin naira and other foreign currencies that tells so much positively on the growth of the economy of the nation.

He noted, “a public holiday is used for sleeping half the day and the rest of the day and weekend for leisure time out there, with the families, friends, acquaintances as a way to appreciate the beauty of living, reminding themselves of how wonderful it is to be alive.

“The coincidence of the ongoing public holidays and the nation’s picking economy on the watch of President Ahmed Bola Tinubu is a divine intervention that has begun to work for the betterment of the masses” adding, “Mr President has thus taken positive steps in the right direction, driving the nation on the path of economic growth and development and the benefits to begin to show soonest than soon.”

According to Ogungbangbe, the largesse of the current season and tradition of the exchanges of goodies, desirable and attractive simple gifts and sharing of lots of traditional meals, other tasty treats and fun with neighbours and friends, associated with the season have a good role in improving the society with significant good effect on the nation’s economic development.

And he charged the holiday makers, particularly, the nation’s public servants to refrain from any threats to stampede the economy, but get rededicated to increased productivity after holiday, saying: “The compulsory rest offered by the holiday will have your health reinstated for quality service delivery, and ability improved to deliver services for the nation on resumption at work.”

OLUSESI writes via isaacolusesi@gmail.com