Contrary to the government’s typical position, Senate President Godswill Akpabio has acknowledged the serious problems that Nigerians endure. This is what The Punch says. Things have gotten much worse on the social and economic fronts since President Bola Tinubu entered office in May 2023. The withdrawal of petrol subsidies has resulted in a sharp increase in energy expenses, and inflation, particularly in food prices, has reached worrisome levels. Households are under more stress as a result of the naira’s steep depreciation.CONTINUE FULL READING>>>>>
As Nigeria grapples with these challenges, notable figures, including Senate Majority Leader Opeyemi Bamidele, have echoed the sentiment that citizens are struggling. Despite some policy adjustments, like the minimum wage increase to N70,000, many Nigerians continue to suffer.
The political elite, perceived as disconnected from the populace, receive substantial salaries and benefits, intensifying public frustration. Recent protests, including the End bad governance movement, reflect widespread discontent.
For real change, the Tinubu administration must prioritize economic stability, security, and infrastructure development while reducing the cost of governance. Effective privatization of key assets, support for local production, and a crackdown on crime are crucial steps to alleviate the hardships facing millions of Nigerians.CONTINUE FULL READING>>>>>