Showing posts with label Col. Ahmadu Ali. Show all posts
Showing posts with label Col. Ahmadu Ali. Show all posts

Friday, August 25, 2023

Nigeria: Palliatives Of Zero Effect

 By Adekunle Adekoya

This column had gone to bed last Thursday before the National Economic Council, NEC, a statutory organ of the Federal Government, released palliatives to cushion the effects of subsidy removal. When I saw the measures, which by now, all fellow Nigerians must have heard, a hundred and one emotions coursed through me all at once, but the ones that seemed most dominant were despair, disappointment, and despondence.

First, let it be reiterated that the dire economic situation in which the ordinary Nigerian finds himself now was foisted on him by people he trusted to manage his affairs in a way that he would benefit, not suffer. That means that the hapless Nigerian trusted that those that will be in charge of affairs of the commonwealth would put in sufficient rigour to achieve the best results. Alas, it is now turning out that these were high hopes, as it seemed that very little or no rigour went into deciding the removal of subsidy.