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You’re bereft of ideas for solving Nigeria’s economic woes – Labour Party tells Tinubu

The Labour Party (LP) has said the All Progressives Congress, APC-led Federal Government is incapable of solving Nigeria’s economic woes.

 

 

 

 

 

Accusing the President Bola Tinubu administration of running out of ideas despite the current scorching ongoing economic crisis in the country, the LP, in a statement, by its  National Publicity Secretary, Obiora Ifoh, lamented the increasing number of people dropping below the poverty line in Nigeria.

 

 

 

READ ALSO: http://Atiku blasts Presidency, says ‘Tinubu’s policies are morbid’

The LP cited the recent protests in Minna, Niger State, as an indication of the people’s disaffection with  the rising cost of living and the crushing food shortage that millions of Nigerians are confronted with. 

 

 

 

The statement partly read: “There is an air of despondency across the nation. The immediate fallout of this situation is increasing crime, particularly among the youths who are desperate to remain alive; incidences of suicide are on the upswing.

 

 

 

“It has now become a familiar scene for people to jump into the Lagoon, hang themselves or take lethal substances.

 

 

 

“It is either that the government is bereft of ideas on how to check this unfolding catastrophe or that it chose to continue to act as if it is still campaigning for office. This is no time for politics.

 

 

 

READ ALSO: http://Sanwo-Olu congratulates Ayangburen of Ikorodu at 70

“The economic turmoil we are suffering today is a result of this poor sense of judgement.

 

 

 

 

 

 

 

 

The opposition party further blamed the abrupt removal of fuel subsidies and the foreign exchange crisis by the government without commensurate efforts to cushion their negative impacts on the people as being the root of the economic crisis.
You’re bereft of ideas for solving Nigeria’s economic woes – Labour Party tells Tinubu

The Labour Party, LP, has said the All Progressives Congress, APC-led Federal Government is incapable of solving Nigeria’s economic woes.
Accusing the President Bola Tinubu administration of running out of ideas despite the current scorching ongoing economic crisis in the country, the LP, in a statement, by its  National Publicity Secretary, Obiora Ifoh, lamented the increasing number of people dropping below the poverty line in Nigeria.
The LP cited the recent protests in Minna, Niger State, as an indication of the people’s disaffection with  the rising cost of living and the crushing food shortage that millions of Nigerians are confronted with.

The statement party read: “There is an air of despondency across the nation. The immediate fallout of this situation is increasing crime, particularly among the youths who are desperate to remain alive; incidences of suicide are on the upswing.

“It has now become a familiar scene for people to jump into the Lagoon, hang themselves or take lethal substances.

“It is either that the government is bereft of ideas on how to check this unfolding catastrophe or that it chose to continue to act as if it is still campaigning for office. This is no time for politics.

“The economic turmoil we are suffering today is a result of this poor sense of judgement.

“Sadly, amidst all of these, the All Progressives Congress administration has increased its spending on the lavish lifestyles of its elected officials, and corruption among government officials has never been worse.”

The opposition party further blamed the abrupt removal of fuel subsidies and the foreign exchange crisis by the government without commensurate efforts to cushion their negative impacts on the people as being the root of the economic crisis.
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