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A Year After, Nigerians Still Lament Hardship

by Joshua Dada
1 year ago
in Columns
Nigerians
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Nigerians have lamented untoward hardship caused by the economic policy of federal government since Inception a year ago.

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They expressed disappointment with the trends of events that vents so much hardship on them since the assumption of office of President Bola Tinubu.

They contended that Nigerians voted massively for the current administration with the hope of having their sufferings alleviated rather than being aggravated.

A resident, Bola Bakare who expressed optimism that the various economic policies introduced by Tinubu’s administration would yield fruitful dividends in the near future however lamented the urgency applied in the introduction of the policies without considering the effect on the poor masses.

Bakare insisted that the various so called palliative measurements introduced to ameliorate the effect of the policies on the citizenry were not effective as they were not reaching the targeted teaming masses of Nigeria.

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He highlighted the policies that has impoverished Nigerians as amongst others, the outright removal of fuel subsidy on petroleum products pomp price, the hike in tariff of electricity.

Also speaking, public commentator, Hammed Kolapo who also spotted light at the end of the tunnel as regard the economic policy noted the palliatives introduced to ameliorate the suffering were belated adding that government must have done its home work before the introduction of the policies.

While still supporting the removal of subsidy on petroleum products, he called for the reversal of the subsidy removal on gas adding that gas has replaced kerosene in domestic usage.

He pleaded with the federal government to step down the new electricity tariff because of its implications on manufacturing adding that Nigerians cannot afford the hipper-hike in electricity tariff.

The concern of Alhaja Abibat Sunmonu is the rising cost of food stuff which according to her is biting hard as hunger has become the lot of an average Nigerian.

She blamed the hike in prices of food stuff on insecurity especially in the northern part of the country where insecurity is preventing farmers from gaining access to their farms.

But an economic expert, Mr Tayo Adeyemo commended the policy that exposes the true value on naira in world market but warned against indiscriminate use of taxation to further impoverished Nigerians.


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