{"id":88978,"date":"2021-11-23T21:02:55","date_gmt":"2021-11-23T20:02:55","guid":{"rendered":"http:\/\/pointblanknews.com\/pbn\/?p=88978"},"modified":"2021-11-23T21:02:55","modified_gmt":"2021-11-23T20:02:55","slug":"who-can-tell-mr-president-nigerians-groan-as-cost-of-living-bites","status":"publish","type":"post","link":"https:\/\/pointblanknews.com\/pbn\/articles-opinions\/who-can-tell-mr-president-nigerians-groan-as-cost-of-living-bites\/","title":{"rendered":"Who Can Tell\u00a0 Mr President Nigerians groan as Cost of Living bites?"},"content":{"rendered":"
\n
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\n
By Abba Dukawa<\/p>\n

_It is clear this is not the country our founding fathers dreamt of. this is not the country any Nigerian can proud of. We have witnessed a systematic decline in everything we once held dear and took for granted. You will agree with me we are not where we should be as a nation._<\/p>\n

Than General Muhammadu Buhari on the decay of infrastructure and social value in Nigeria made the statement in 2012.<\/p>\n

Who Can Tell\u00a0 Mr President cost of living in the country is unbearable that more than 2\/3 Nigerians are below the poverty line in the past 71
\nmonths. The corrective\u00a0 Administration\u201d\u00a0 came to power through change mantra on May 29, 2015. Nigerians welcome the change mantra administration with unprecedented enthusiasm hoping for progressive change for better.\u00a0 \u00a0In spite slow pace action of the administration on the matters affecting country well being but no\u00a0 administrations in the country enjoyed citizens goodwill like the present administration believing the successor administrations bastardize all available opportunities to made the country great.<\/p>\n

Six\u00a0 years down the line\u00a0 the adminstration still characterised with insecurity, banditry, kidnapping, economic challenges and other untold
\nhardships. it has become clear that the change is\u00a0 not forthcoming to the expectations of Nigerians. Instead of progressive transformation still\u00a0 \u00a0daily survival has become an uphill challenges as the peoples are\u00a0 languishing in extreme hardship.\u00a0 What people are going through in the country is reaching the highest apogee since the late 80s. All these were happening under a \u201cCorrective Administration\u201d<\/p>\n

So to speaks always\u00a0 \u00a0history repeats itself but Prof Barbara Tuchmann of Harvard University, USA arguing that history does not repeat itself; man does.\u00a0 Considering the ways things happens in the country This clearly resonated with Barbara’s view that History has already recorded that In 1984, faces similar challenges with inflation reached unprecedented heights.<\/p>\n

There are\u00a0 varied views on the cost of living in the country experience by citizens other\u00a0 blaming government for\u00a0 doing nothing to control the damaged cause by\u00a0 heartless action of good sellers in hiking commodities\u2019 prices at their will\u00a0 because the administration officials do not know where the shoe pinches since they live in comfort zone despite\u00a0 the costs of goods are expensive for the common man to afford.<\/p>\n

I wonder why in the 21st Century till Nigerians are talking about daily survival which in normal circumstances there is no any reason for Nigerians to talk about food\u00a0 considering the country arable land which suite any type of farming.\u00a0 Nowadays\u00a0 Ghanaian, Nigeriens, Togolese, Ivorian, Burkinabe and Beninese has passed the level of hunger and can afford three\u00a0 meals per day. Nobody has yet told the President, then he must hear this\u00a0 still\u00a0 Nigerians\u00a0 are\u00a0 crying of food prices beyond of their affordability.<\/p>\n

Who can tell the truth to authority that even those opportune one (workers) things are very tough considering the meagre nature of the minimum wage talks less of millions peoples out work their common food staples like garri, beans are now beyond their reach. Feeding in Nigeria today is not easy as food, which is a basic need, has become a luxury. Prices of foodstuffs are now triple the prices they were before and they increase daily without control.<\/p>\n

To be fair the problems are two ways round\u00a0 \u00a0contributes\u00a0 to this catastrophic stage. Government officials are not seeing the danger or
\nintentionally distorts the reality either on self survival or just to be sweets mouths to the number one but in simple term deceiving number oneand heartless action of\u00a0 commodities\u2019\u00a0 sellers at hiking prices by at their will.<\/p>\n

Commodities seller’s\u00a0 \u00a0are architects of these artificial essential commodities prices increments on daily basis disproportionately and it’s seem current\u00a0 commodities hike\u00a0 \u00a0cause by their selfish interest. They are not consider almost 2\/3 of the populations are in serious financial turmoil as result of their unfortunate\u00a0 behaviours of creating
\nartificial inflation which reaching\u00a0 unprecedented heights; in spite citizens\u00a0 \u00a0purchasing power declined precipitously.<\/p>\n

Recently, I had bitter experience with\u00a0 reality that these commoditiessellers\u00a0 \u00a0are really monsters that behind all these hardship peoples are going through. Why\u00a0 the inflation is\u00a0 raise disproportionate\u00a0 in thecountry and it is as result of essential commodities sellers blindlylust for wealth without the recourse of what they actions might cause to generality of Nigerians. This\u00a0 lust for wealth portraying them as really monsters.\u00a0 Why they are nothing but monsters because they enjoying causing\u00a0 hunger to millions homes across the country and for those that opportune to afford the goods at exorbitant price feels the pains.\u00a0 in spite rising inflation\u00a0 taking its toll on families, but Nigeria’s inflation rate contradicts global trend of inflations from Europe, US, Asia and Africans\u00a0 proved\u00a0 contradiction to global trend of inflation.<\/p>\n

Who can tell\u00a0 the President truth, the whole truth, there are no signs that the problems Nigerians are facing will abate very soon. There is so much confusion in the mind of citizens.\u00a0 There is no clear policy on how to tackle the forex crisis, rising unemployment, epileptic power supply,\u00a0 sliding economy, poverty and hunger ravaging the nation. Just as some critics put it, this administration has no economic direction. Even the so-called diversification programme is just by word of mouth. There is need for\u00a0 the administration to reduce the level of poverty in the country and it\u00a0 should mitigate the effects of inflation.\u00a0 However, With worsening insecurity, alarming unemployment, with absence of proven economic drivers, many Nigerians, though with vast and varied opinions, seem to agree that getting on with their daily lives has been pretty difficult, and indeed the country is teetering dangerously on the edge of the abyss. On part of\u00a0 the administration had genuine intention to restructure thee nation’s\u00a0 agricultural sector , but It seem the policies were not being implemented with a human face because the\u00a0 administration\u00a0 not feel for Nigerians in this kind of abject unfold hardship. There is Food and
\nAgriculture Organisation of the United Nations warned that Nigeria is on a looming acute food crisis.<\/p>\n

Last We Forget<\/p>\n

_International Monetary Fund (IMF) expert suggests that demand for deposits in Nigerian commercial banks may reduce due to the introduction of eNaira. currency\u2019s heavy reliance on digital technology warrants the need to adequately manage cyber security and operational risks associated with the digital currency. IMF report further explained that eNaira wallets might effectively function, as a deposit at the central bank, resulting in a decline in the demand for deposits in commercial banks. There is need for the administration for\u00a0 thorough scrutiny national monetary\u00a0 implementation,\u00a0 in order to rejuvenate the economy and save it from total collapse._<\/p>\n

Dukawa wrote in from Kano<\/p><\/div>\n<\/div>\n

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By Abba Dukawa _It is clear this is not the country our founding fathers dreamt of. this is not the country any Nigerian can proud of. 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