Stop Blaming Buhari’s Government for Economic Woes – Afenifere Tells Tinubu

November 29, 2023

1.4 min readCategories: News

 

The apex Yoruba socio-political organisation, Afenifere, has told President Bola Tinubu to stop complaining about the failures of the last administration, especially being of the same political party.

The group lamented the “economic anguish” being experienced by Nigerians owing to the hike in prices of goods and services across the country.

In a communiqué it made available to journalists after its general meeting on Tuesday, the Ayo Adebanjo faction of the group said that without stabilising the naira, which has lost its value significantly among other currencies of the world, the much-sought foreign direct investment will continue to be a mirage.

The Yoruba socio-political group said the period of three months between the declaration of presidential election results and the inauguration was enough for the government to roll out its economic policies.

“Afenifere decried the current excuses for the state of the economy inherited by this government from its predecessor of the same political party and opined that the period of three months between the declaration of the President in February and the inauguration at the end of May was sufficient to lay the foundations for the economic policies of the new administration, whose soothing effects should now be felt by the people,” the group said.

“Afenifere noted that the free fall of the naira in the foreign exchange market is having its toll on all aspects of the people’s lives, including the prohibitive costs of pharmaceutical products, which are largely imported and have dire consequences for the health of ordinary Nigerians who could not afford overseas treatment like their leaders.

“Afenifere opined that without stabilising the naira, the much-sought foreign direct investment will continue to be a mirage.”

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About the Author: Olumide Akinrinlola

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