The President needs to review the performance of his team, going forward, and in order to salvage whatever is possible of his dissolving electoral promises to Nigerians.
SPECIAL REPORT: Kaduna ginger farmers count losses as disease ravages crop, ruins livelihoodSPECIAL REPORT: Nigerian football clubs in dilemma amidst economic downturnHard hit by climate change, farmers in Nigeria’s ‘food basket’ face new foesBukar Mbaya: The youth who sacrificed his future, By Ahmed Aminu-Ramatu YusufSPECIAL REPORT: Kaduna ginger farmers count losses as disease ravages crop, ruins livelihoodSPECIAL REPORT: Nigerian football clubs in dilemma amidst economic downturnHard hit by...
But where Tinubu got it wrong, some would argue, was in his hastiness, without prior consultations with the organised labour and other stakeholders, over how to mitigate its inevitable searing pains. There was no cabinet in place then and for quite some time thereafter. Having put the cart before the horse, a raft of palliatives was hurriedly unfurled, as the Nigeria Labour Congress bristled for a showdown.
It is bemusing that these debt cravings misalign with the Minister of Finance, Wale Edun’s expert view in November last year that “Internationally and locally, we are not in a position to rely on borrowing” in funding deficits. Instead, he advocated inward-looking. There are avalanche of leakages to be plugged.
Tinubu has not demonstrated statecraft in allowing workers’ salaries to remain the same, one year after his economic policies unleashed the harshest hardship on Nigerians. Edo and Cross River states have offered N70,000 as against the Federal Government’s N57,000 minimum wage proposal last week. The indexations it might have used for the figure mismatch the headline inflation at 33.69 per cent – the highest in 28 years, and April’s food inflation at 40.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
One year of ‘Renewed Hope’: Tinubu’s costly reforms leave Nigerians on edge one year afterA slew of draconian policies preceded by the knee-jerk removal of subsidy on petrol by President Bola Ahmed Tinubu on his first day at work
Read more »
Beyond Muslim-Muslim Ticket: Tinubu’s one year of religious inclusivityCritics had earlier argued that the exclusion of a Christian vice-presidential candidate might lead to feelings of marginalisation and discord.
Read more »
Tinubu’s one year in office: Not yet time to celebrateIt is the tradition that governments and individuals alike mark important days in their lives; sometimes with fanfare and other times
Read more »
Tinubu embarks on projects commissioning spree for one-year anniversaryThe Nation Newspaper Tinubu embarks on projects commissioning spree for one-year anniversary
Read more »
Sowore: Tinubu has failed to make meaningful impact in one yearOmoyele Sowore, presidential candidate of the African Action Congress (AAC), has condemned the level of poverty in the country.
Read more »
Tinubu at One: Nigeria has fully embraced community policingThe Minister of Police Affairs, Ibrahim Gaidam, has submitted his scorecard in the last nine months since he was appointed by President Bola Tinubu and one year of the Tinubu Administration.
Read more »