News
Atiku Slams Government’s Fuel Policy And Calls Out T-pain
Former Vice President of Nigeria, Abubakar Atiku, has expressed deep concerns over the handling of the fuel subsidy removal by the current administration, blaming it for the ongoing economic crisis in the country.
In a strongly worded statement, Atiku criticized what he called the “haphazard and disingenuous approach” of the government, which he believes is exacerbating the country’s already dire economic situation.
According to Atiku, the mismanagement of fuel subsidy policies has contributed significantly to the inflation rate that is steadily climbing, with no signs of relief in sight.
He explained that this continuous rise in inflation is further eroding the purchasing power of Nigerians, leaving many citizens struggling to meet their basic needs.
Atiku stressed that this hardship is threatening the material well-being of millions across the nation, particularly those in the lower-income brackets.
He expressed particular concern over the apparent lack of action from key figures in the administration, pointing out that T-pain, a government official, has remained silent on the matter.
Atiku noted that while the public suffers from the economic strain, those in power seem undisturbed by the ongoing challenges, which he described as a disturbing trend in leadership.
The former Vice President’s remarks come at a time when the country is grappling with a host of economic challenges, largely fueled by the global oil market’s volatility and the internal decisions on fuel subsidy.
The removal of subsidies has led to a sharp increase in the cost of petrol, which in turn has had a cascading effect on the cost of goods and services, leaving many Nigerians in a precarious financial situation.
This criticism is not the first time Atiku has voiced his dissatisfaction with the government’s handling of economic policies.
Known for being an outspoken figure on national issues, Atiku has consistently called for reforms and better governance to alleviate the suffering of Nigerians.
Many see his recent statements as a direct indictment of President Bola Tinubu’s administration, which has been under pressure to address the economic fallout since it came into office.
Experts have weighed in on Atiku’s statements, with some agreeing that the fuel subsidy removal was rushed and poorly implemented.
They argue that while the removal was necessary for the long-term health of the economy, the government’s failure to provide adequate palliative measures to cushion the blow has worsened the situation for average Nigerians.
Atiku, who has previously run for the office of president, remains a central figure in Nigeria’s political landscape.
His comments have sparked widespread discussions, with some supporting his critique of the government and others calling for more constructive dialogue on how to navigate the economic challenges ahead.
News
Ngozi Okonjo-Iweala Says Nigeria Lacks a Maintenance Culture
The Director-General of the World Trade Organization (WTO), Ngozi Okonjo-Iweala, has spoken on Nigeria’s economy, stating that the country lacks a good maintenance culture.
She said “The fact is that endowments alone do not add value. Budgetary allocations alone do not lead to new roads or good maintenance.”
“We lack a maintenance culture in the country. I have to say that. I’m Nigerian, but we need that. We need better ports and digital infrastructure, and lower trade costs. Execution is what matters, and successful execution requires focus. It requires prioritisation.”
News
Peter Obi Criticises President Tinubu’s Statement on Hunger
Politician and former presidential candidate Peter Obi speaks on President Bola Tinubu’s comments regarding the rising hunger and worsening economic situation in Nigeria.
It can be noted that the President recently stated that hunger has always existed in Nigeria.
Peter Obi responded “I watched with deep concern the statement made by President Bola Tinubu to the Catholic Bishops, that there has always been hunger in Nigeria, even before he was born.”
“While it is true that hunger has been a part of human life and has existed in our country for decades, such a statement appears insensitive to the plight of the millions of Nigerians who face worsening economic hardship today.”
News
Nigerian Army Launches New IED Training Programme
Reports have been shared stating that the Nigerian Army has launched a new programme designed to train and improve the skills of engineers in tackling threats posed by Improvised Explosive Devices (IEDs).
The seminar is being organised by the 41 Engineer Brigade of the 1 Division Nigerian Army.
It was stated “Improvised Explosive Devices have become one of the greatest security threats confronting the Nigerian Army in ongoing counter-insurgency operations. Their widespread use has complicated military operations and humanitarian activities in conflict-affected areas.”
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