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Editorial

Hardship: Govt must look beyond unsustainable palliatives to long term solutions

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Echoes of the woes of the Nigerian economy have remained reverberating, particularly as the biting hardship posed by the removal of subsidy on premium motor spirit (PMS), popularly called petrol, has created conditions which have posed difficult times before Nigerians.

Recent resort of the government at different levels to addressing the acute hardship in the country have largely seen attention paid to distribution of food palliatives. Although the distribution may be seen as a measure of social intervention in a welfarist perspective, the sustainability of the measure and the impacts of the long run effects should speak to reason rather than merely the immediate concerns.

Speaking recently on this note, Niger State Governor, Mohammed Bago, warned that the Federal Government’s palliative cannot address the hardship imposed on Nigerians by the removal of fuel subsidy. He advised the government and Nigerians to seek alternative means of tackling the current economic hardship the country is going through, saying the subsidy palliative is not sustainable.

Bago who gave the warning at the flag-off of the distribution of farm inputs to wet season farmers from the 25 local government areas of the state, said, “I want to use this medium to thank President Bola Tinubu,  the Commander in chief of the Armed Forces of Nigeria, for coming to the aid of vulnerable Nigerians.

“But we must be honest with ourselves; the palliative scheme cannot be sustained, we have to go back to the farm to reinflate our economy.

“In Niger State, we are poised to make agriculture become the focus of our administration in addressing poverty and food security.”

It is essential that the government become rational in its intervention to address the prevailing hardship in the country, giving credence to long term impacts rather than short term and unsustainable measures.

The posture of irrational resort to short term reliefs with long term negative impacts have over time borne more of adverse effects on growth. The government should rather have subjected the policy of subsidy removal to a more robust empirical test before the moves were declared.

Such an approach would have taken care of sundry issues in preparation for the offshoots of impacts. It is necessary for the government to consider such an approach in future attempts at policy redirection.

From all indications, the inadequacy of food and other strings of palliatives remain unsustainable for the economy. The need for the government to prioritise concerns to salvage the economy from collapse calls for a broader perspective, with a more elaborate and overarching system of responses to address the situation in a holistic approach.

Editorial

State Govts, fix our roads, stop the carnage now!

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In just three short months, 295 lives have been lost and 315 people injured in road accidents across 24 states and the Federal Capital Territory. Ogun State and Kwara State have been particularly hard hit, with 43 and 28 fatalities respectively.

The sheer scale of this tragedy calls for an urgent need for unwavering action to tackle the scourge of road accidents in Nigeria.

As we mourn the loss of precious lives, we must also ask ourselves: what can be done to prevent such carnage on our roads?

It is alarming that the causes of these accidents remain unchanged over the years, indicating a lack of meaningful progress in addressing the underlying issues. The status quo is unacceptable, and it is imperative that we take concrete steps to tackle this national crisis.

The deplorable state of our roads is a significant contributor to the alarming rate of accidents. Crumbling infrastructure forces drivers to navigate treacherous potholes, leading to avoidable tragedies.

It’s disheartening that governors prioritise building flyovers in capital cities while neglecting other critical road networks. Even when efforts are made to repair these roads, they often deteriorate rapidly due to subpar construction.

Furthermore, the roadworthiness of vehicles plying our roads is a major concern. Commercial vehicles, in particular, are often operated with worn-out tires, faulty brakes, and poor lighting, putting lives at risk. Enforcement agencies tasked with ensuring compliance frequently fail to do their job, and when they do, they prioritize revenue generation over safety.

Corruption also allows unqualified drivers to operate vehicles, further compounding the problem.

To make matters worse, some drivers operate under the influence of alcohol, posing a significant threat to themselves and others. It’s imperative that we address these systemic issues to reduce the number of accidents and ensure safer roads for all.

Nigerians’ driving habits are a significant concern, requiring extra caution on our roads due to the prevalent poor road manners. Many drivers exhibit impatience and disregard for basic traffic rules, such as stopping at traffic lights.

Commercial vehicle drivers often prioritise quick profits over safety, overloading their vehicles and even using goods vehicles to transport passengers.

To address the urgent need for improvement, our law enforcement agencies must take their responsibilities seriously.

The Federal Road Safety Corps and directorates for road traffic services must shift their focus from revenue generation to ensuring proper driver licensing, vehicle roadworthiness, and enforcing traffic regulations. By doing so, we can significantly reduce road accidents in a short time. It’s time for a change in attitude and a commitment to safety on our roads.

It is crucial for them to intensify efforts in educating the public on the importance of following basic traffic rules and ensuring that vehicles on the roads are roadworthy. This can be achieved through cooperation with various road unions to educate drivers.

Federal and state governments also have a responsibility to provide Nigerians with good road networks. The current state of many roads, which can be described as death traps, is unacceptable. We urge state governors to prioritise fixing the numerous roads in their regions over constructing flyovers in state capitals to ensure the safe movement of people and goods.

Additionally, we strongly advocate for the strict enforcement of laws against drivers whose reckless behavior results in the loss of lives. It must be made clear that such reckless actions will not be tolerated, or the situation will only worsen.

More importantly, Nigerians must learn to observe basic traffic rules and respect each other on the road. Being patriotic and law-abiding citizens is essential for ensuring a prosperous and peaceful nation. This responsibility begins with each one of us.

The persistence of these avoidable tragedies requires a multifaceted approach. We must improve road safety infrastructure, enforce traffic regulations, and promote public awareness campaigns.

It is important to address the root causes of these accidents, such as reckless driving, poor vehicle maintenance, and inadequate emergency response systems.

Also, the Governments should implement mandatory retraining programs for drivers who have been involved in accidents or have multiple traffic violations. This can help improve driving skills and awareness of traffic rules.

Meanwhile, there should be enhancement of emergency response systems to ensure timely and efficient medical assistance for accident victims. Quick response times can significantly reduce fatalities and severe injuries.

Launching community engagement programs to educate the public about road safety which may involve local communities can help create a culture of safety and responsibility among road users.

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Editorial

Nigerians groan under high cost of living 

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Barely fourteen days to the first year anniversary of this federal government, Nigerians have continued to groan under high cost of living, amidst a catalogue of failed promises. Despite its chants of ‘Renewed Hope Agenda,’ a cup of garri/rice has since gone out of the reach of an average Nigerian. There is a continuous hike in fuel and other petroleum products. Transportation fares, local, inter-state or international are a no-go area. Nigerians have lost count of pledged dates for the commencement of operations or production of our refineries, especially Port Harcourt Refinery.

Most citizens have lost hope in the current political leadership in the country. Fuel today is being sold at between N800 to N950 per litre and still counting. A bottle of kerosene is about N2,000 and this an essential product being used by almost 90 percent of the population, especially the lower cadre. In the past, the colour of kerosene used to be like spring water from a rock, but today the product is sullied with impurities, its colour of kerosene almost like that of groundnut oil. Yet, it remains scarce and costly. What a country.

Nigeria is possibly the only country with abundant crude oil deposits that prefers to throw away the crude at giveaway price to other countries in the name of exportation, only to  buy the refined products from the crude at exorbitant prices, in the name of importation.  The first refinery in Port Harcourt was built about nine years after oil was discovered in commercial quantity in Oloibiri in 1956 in the present day Bayelsa State. And up till today there is no intentional attempt to rebuild it, or be religious in maintaining it.

The Naira debuted as the national currency of Nigeria, at 75K to $1, but today N1,500 is exchanging $1. Yet, we are ranked among the highest producers of oil and gas in the comity of nations. The unadulterated truth is this: Nigerians are suffering in the midst of plenty which should not be the case.

The poor leadership of the old brigade, who have held sway since independence, should leave the stage for younger generation. The current President of France, Emmanuel Macro is below forty years. The recent election in Senegal produced a 44-year-old man as president. Whether we like it or not, once a person passes retirement age of 60, his mental faculty starts dropping.

Inflation rate is now 33-35% in the country. Unemployment rate is soaring and the Federal Government had the gut to propose N48,000 as minimum wage for Nigerian workers, possibly as part of the ‘renewed hope agenda.’ This is as against N860,000 being proposed by the organised labour, comprising the Nigeria Labour Congress (NLC) and Trade Union Congress(TUC).

We are not surprised therefore when the organised labour walked out of the negotiation table and handed down a 14-day ultimatum to the Federal Government to think right.

We hope the federal government will really do all it needs to do to avoid another showdown with Nigerian workers who are like wounded lions and have been patient enough with the economic torture currently being experienced by workers in the country. We hope and pray that the tail of a sleeping tiger, will not be unnecessarily pulled. It could amount to unpleasant consequences. The government should fulfil its campaign promises and ensure peace and tranquility throughout the nation.

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Editorial

Minimum wage Saga: FG, let the people go…

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For years, the narrative has been the same — the economy withers and the common man cries out for reprieve, only to be met with an endless array of impediments. When it is time to intercede for the poor, Nigerians are met with pointless bureaucracy and palliatives. Foreign aid is rendered ineffectual thanks to the gauze-hand of leaders, through which it all slips through into an oblivion of their own invention.

In April 2024, the headline inflation rate rose to 33.69 percent, up from 33.20 percent in March 2024, marking an increase of 0.49 percent points according to the Nigeria Bureau of Statistics (NBS). Yet, to raise the minimum wage to a level that will help beat back hunger in the poorest families has become a problem for the government.

Per the International Monetary Fund, IMF, a determined and well-sequenced implementation of government’s policy intentions would pave the way for faster, more inclusive, resilient growth in Nigeria. Without reforms — such as raising the minimum wage — to enhance the business environment, improve security, implement key governance measures, develop human capital, boost agricultural productivity, Nigeria’s growth potential will never leave the realm of imagination.

“These reforms are crucial to boost investor confidence, unlock Nigeria’s growth potential and diversify the economy, and address food insecurity, and underpin sustainable job creation,” IMF noted in its recent report, adding that over the last decade, limited reforms, security challenges, weak growth and now high inflation had worsened poverty and food insecurity in Nigeria.

“While Nigeria swiftly exited the COVID-19 recession, per-capita income has stagnated. Real Gross Domestic Product (GDP) growth slowed to 2.9 percent in 2023, with weak agriculture and trade, and in spite of the improvement in oil production and financial services.

“Growth is projected at 3.3 per cent for 2024 as both oil and agriculture outputs are expected to improve with better security. The financial sector has remained stable, in spite of heightened risks. Food insecurity could worsen with further adverse shocks to agriculture or global food prices. Adverse shocks to oil production or prices would hit growth, the fiscal and external position, and exacerbate inflationary and exchange rate pressures,” the IMF said.

Yet, on Wednesday the pattern continued. Negotiations reached a deadlock due to the government’s perceived unwillingness to engage in fair discussions with Nigerian workers. The NLC National President, Joe Ajaero, in a sense is right to say that the government’s proposal of N48,000 as the new minimum wage is an insult to Nigerian workers.

It is no surprise that the labour unions are demanding a higher minimum wage to reflect the current economic realities and alleviate the suffering of Nigerian workers. The stalemate in negotiations may lead to industrial action, which could have far-reaching consequences for the economy.

Many labour in vain for decades for peanuts, only to be denied their pensions in old age. Of course, the Nigerian worker will down his tools in the face of great poverty, and seeming apathy from the government. The relationship between wage rate and employment is well established. Most revolutions throughout the world are dependent on the satiation of the labour force. The Federal Government should maintain an atmosphere of charity and responsibility. Like the Israelite Moses said millennial ago, let our people go.

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