By Mark Lenu
As Nigeria prepares to mark its 64th Independence Anniversary on Tuesday, October 1, some traders and consumers have scored the Tinubu-led federal government low, saying that President Bola Tinubu has not done well to improve the economic and security situation of the country.
Our correspondent who spoke with a cross-section of traders and consumers in Rivers State said the citizens are gradually losing confidence in the current administration, citing nationwide inflation and insecurity in some parts of the country as major reasons.
They said, “We expected the cost of consumable items to have reduced by now. But from the way things are, right now in this country, we do not see the price of goods coming down soon.
“The inflation rate in the country has kept many Nigerians unhappy and we blame the current federal government for not knowing how to fix the economic problem of the county despite all its sugar-coated election campaign promises.
“Knowing fully well that the nation does not have functional government-owned refineries, we expected the president to have used the money it got from fuel subsidy removal to fix all the government-owned refineries quickly and not this politics the FG is playing now.
If the four government-owned refineries were working today, local production of petroleum products would have forced the prices of petrol (PMS) and other refined products to reduce drastically.
“We see this administration as unserious with sensitive issues of the economy as we also think that the FG still wants business cartels to decide the fate of our economy at the expense of the masses.”
They further called on Tinubu to act fast and reduce inflation, insisting that the majority of Nigerians are not happy with his administration.
Nigeria is currently a nation with a growing human population and rising poverty occasioned by weak economic policies and corruption, especially among the political class.
