Sokoto residents who came to welcome former President Goodluck Jonathan on Thursday, when he visited the Sultan of Sokoto and the family of his National Security Advisers, Dasuki Sambo over the death of late Alhaji Ibrahim Dasuki a former Sultan who died at the age of 93 on Monday in Sokoto carried placards some with the inscription ‘Come back Baba Jonathan’.
The apparent calls for former President Jonathan to return to governance may not be unconnected with the state of the economy since he left office in May 2015.
The Nigerian economy entered a recession in Q2 for the first time in over 20 years. Prospects of an economic recovery are bleak as still-low oil prices and the depreciation of the naira have hampered the oil and non-oil sectors.
The National Bureau of Statistics (NBS) on Monday said that Consumer Price Index (CPI) has increased to 18.3 per cent (year-on-year) in October from 17.9 per cent recorded in September. The CPI, which measures inflation, is 0.48 per cent points higher from the points recorded in September.
The report noted that increases were recorded across almost all major divisions which contributed to the Headline Index. Comparatively, the inflation rate was 9.0 per cent in May 2015.