Showing posts with label COVID-19 lockdown. Show all posts
Showing posts with label COVID-19 lockdown. Show all posts

Monday, February 19, 2024

Nigeria Is On The Road To Haiti, Not Venezuela

 By Owei Lakemfa

The Nigerian masses are troubled. They are hungry, angry and losing faith in civil rule. The times call for leaders at all levels to be at work, seeking solutions. Unfortunately, many government officials are spending scarce resources and precious time carrying out propaganda.

The political traders blaming the demonstrably inept and kleptocratic Buhari regime, for our current woes, are engaged in a needless diversion. It is like beating a dead horse; what would the country gain from such waste of time and energy?

Thursday, July 20, 2023

Odds Against N500bn Palliatives By Government

 By Onyemaechi Eze

The removal of fuel subsidy by President Bola Ahmed Tinubu on the first day of assumption of office was ill-timed, out-rightly ill-advised and uncalled for. The president with his team was in a better position to understand that without an enabling environment, a team on ground to drive policies, decisions made without right thoughts are always counter-productive. Nigeria is unfortunately a nation where government does not function as expected even when a team is in place, let alone when there is none.

The decision had upon announcement immediately jolted the foundation of market forces and sent shock waves through the fabrics of the general economy. Consequently, the people were exposed to unimaginable hardships. Everyone is sad, pained and disenchanted as cost of goods and services increased exponentially and still increasing. The exchange rate along with inflationary trend leaves everyone dazed. Even the rich and politicians are crying!