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Nairaland Forum / Nairaland / General / Politics / Observations On President Tinubu's Administration And Policies (140 Views)
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Observations On President Tinubu's Administration And Policies by lucianohase(m): 12:44pm On Jun 19, 2024 |
Economic Hardship and Inflation Since President Tinubu's administration took office, there has been a significant increase in the cost of living for the average Nigerian. Inflation rates have soared, with prices of essential goods and services escalating daily. The administration’s fiscal policies, including the removal of fuel subsidies, have directly impacted transportation costs, which in turn has affected the prices of food and other essential commodities. Unemployment and Job Insecurity The administration has struggled to create sustainable employment opportunities. Many companies are downsizing due to the harsh economic climate, leading to increased unemployment rates. Job insecurity has become a major concern as businesses face operational challenges and workers face the constant threat of layoffs. Wage Stagnation and Pension Delays One of the most pressing issues under Tinubu's administration is the stagnation of wages and the delayed payments to federal workers and pensioners. Despite the rise in the cost of living, there has been no corresponding increase in wages, leaving many families struggling to make ends meet. Pension Crisis: Defunct Heritage Bank and NDIC Delays A particularly distressing issue is the plight of retired federal workers who are supposed to receive their pensions through the defunct Heritage Bank. Despite repeated assurances, these pensioners have not received their dues. The Nigeria Deposit Insurance Corporation (NDIC), responsible for managing the transition and payment, has been slow in addressing the backlog of unpaid pensions. This delay has caused significant suffering for retirees who rely on these payments for their daily sustenance. Contrasts in Government Salaries While pensioners and federal workers face financial difficulties, President Tinubu and his cabinet members continue to receive their salaries and benefits without interruption. This disparity highlights the disconnect between the leadership and the everyday struggles of ordinary Nigerians. The administration’s failure to address the pension crisis reflects poorly on its commitment to the welfare of its citizens, particularly those who have dedicated their lives to public service. Conclusion The policies and administration of President Tinubu have resulted in widespread economic hardship and social unrest. The continuous delay in pension payments to retired federal workers is a glaring example of the administration’s neglect. As the president and top government officials continue to receive their salaries, the suffering of these pensioners, many of whom have served the nation faithfully, remains unaddressed. It is imperative that the government takes immediate action to resolve these issues and alleviate the pains of Nigerians who are bearing the brunt of these economic challenges. |
Re: Observations On President Tinubu's Administration And Policies by otipoju(m): 1:45pm On Jun 19, 2024 |
Una never know the market wey una buy. Lagos residents were warning y'all that the man no get substance, all na just packaging, una sey no be so. |
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Nairalander Offers President Tinubu Best Solution To Kick Start Renewed Hope Age / In What Era Are We, In The Nigerian Online Space / Does Nin Expire?????????????!!??????????????
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