The governor of Bauchi state, Bala Mohammed, says the monetary policies introduced by the Tinubu-led administration are not working as people are hungry and suffering.
Governor Bala said this while addressing participants at the launch of the Nigeria Development Update in Abuja on Thursday, October 17.
He stated that the economic livelihood of Nigerians have been badly affected by the various economic policies which has now created a volatile situation that may see people of his class being lynched by frustrated Nigerians.
“When the reforms started, the sub-nationals supported the President. But now, the macroeconomic policies causing inflation need to be reconsidered. There is hunger, people are suffering, and Nigerians are not benefitting from these reforms.”
The governor in his speech stated that the purchasing power of Nigerians has been drastically reduced.
“What are you doing to reduce hunger? We must help the people cope. The purchasing power of the people has drastically diminished. My brother Cardoso, these policies are not working. They need to be reviewed. Let’s not resort to blackmail.”
Addressing the issue of electricity, the governor remarked
“What about power? The tariffs are so high that people cannot afford to pay. We are on the brink of being lynched. These policies are not working. We must review them.”