Browsing: Prof. Jibrin Ibrahim

The following day, NEC will accept to temporarily call off the general strike after accepting the meagre offer on the table while claiming offer demands will be eventually met. Workers who had been mobilised, riled up and emotionally charged would be demobilized, downcast and disappointed with their radical leaders who suddenly turned coat and became docile and “reasonable”. That’s the end of the story until the next general strikes.

The problem is that everybody in this country knows this is a lie and no sector of society regularly gets a minimum of 20 hours of electricity a day. You cannot build a new policy on lies and such a huge increase of tariff in the middle of the most severe cost of living crisis in Nigerian history cannot stand. The new tariff is also aimed at eliminating annual electricity subsidies of NGN1.14 trillion we are told.

The convener, Professor Attahiru Jega argued that Nigeria has one of the most educated, professional and astute elite any country would be proud to have. He however pointed out that the same Nigerian elite is one of the most divisive, fractious and quarrelsome in the world, apparently set at destroying the unity and developmental potential of the country.

The Tinubu Administration is a fanatic believer in economic liberalism and market forces. Based on its belief, it cancelled fuel subsidy and floated the naira so that it can find its true value. The naira played its part and has been rising steadily desperately searching for its true market value, which it turns out, is still very far away. The result is a “misery crisis” as cost of living rise beyond the incomes of ordinary citizens whose naira is too small to enable them purchase food and hunger and anger spreads throughout the land. The President who always tells Nigerians that he understands their pains then offers a solution and orders distribution of free grains from the Strategic Food Reserves. It turned out the civil servants forgot to brief him that the reserves are empty.