The immediate past chairman of Aba Industrialists Association (AIA), Chief Emma Obi has urged President Bola Tinubu to reverse his hash economic policies in the interest of the suffering Nigerians.
Obi said President Tinubu’s economic policies have turned Nigerians into beggars as people are now begging for food to eat on daily basis.
Speaking in a chat, Obi said, “I sincerely appeal to President Tinubu to urgently reverse the five crazy policies if he wants to have the support of Nigerians for his Government.”
He urged the president to return to what used to be before he assumed office, with slight modification
The former AIA chairman said suffering in the country which was as a result of five economic policies introduced by the president, has now become a culture as both the poor and the rich are not spared the daily routine.
Obi said the much tauted minimum wage of N70,000 which government was yet to begin its implementation, has been made nonsense of by inflationary trend in the country.
“No amount is enough for a salary earner in the country today. The suffering is becoming unbearable, people are now begging for food and it has become a culture.”
Obi blamed the present malaise of the country on wrong application of economic policies which have no benefitting objective.
The Industrialist listed five economic policies introduced by the present administration which he said crumbled the economy to include, hike in electricity tariff, hike in banks’ interest rate, doubling in Customs duties, devaluation of the naira and removal of fuel subsidy.
“When you look at all these five indices, you know economically, each and every one of them is an inflationary policy. So, bringing five of them together at the same time, set fire to the entire country.
“Currency is the pride of every nation, Whoever that advised Tinubu to devalue the naira, have they devalued their dollar? That advise is a mockery, it is crippling everything in the country.”
Obi bemoaned what he described as mockery being made by the exposure of the people’s sufferings on TV in the name of providing palliatives.
“We must be ashamed of certain exposures, how people are gathered, sitting on the floor very hopelessly, waiting for the so called palliatives.
“We have to stop covering this mockery type of lives on TVs because the comity of nations are watching us. We have made the world to see Nigeria as a nation in war of food.”
He was however optimistic that the present wrong could be righted in two weeks if the federal government so desired.
