•Tinubu and Ezeobika
A former National Legal Adviser of Inter Party Advisory Council of Nigeria (IPAC), Barrister Chukwudi Ezeobika, has criticised the All Progressives Congress ( APC) administration led by President Bola Tinubu for continually deceiving “Nigerians amidst the glaring economic recession and crisis.”
Barr. Ezeobika said that reports of gains of Naira against other currencies, especially the US Dollar is “erroneous,” reports Daily Independent.
In a statement yesterday, he explained that the “effects of such gains on goods and services are yet to be felt by an average Nigerian.”
According to him, “The reason for this indescribable phenomenon, just as we have in every sector of the Nigerian economy, is indeed not far-fetched. The wilful resolve by the Bola Ahmed Tinubu – led APC government to continually deceive Nigerians amidst the glaring economic recession and crisis.
“It is erroneous to yield to the belief that the Nigerian currency can ever make any gains against the American dollar or its economy relevant in the global stage if the country is unable to produce the basic goods and services required by it, to build and develop its dilapidated and or non-existent infrastructure in critical sectors of the economy such as health, power, transport and agriculture.
“All known indices of economic recession are currently prevalent in the Nigerian economy as can be seen in high and unprecedented costs of goods as well as services and the continued manipulation, by the current administration, of the Nation’s currency, against the will of the Nigerian people.
“The federal and state agencies saddled with the responsibility of regulating the prices of goods, most especially food items which are basic to an average Nigerian, have become either obsolete or
non-existent, hence, the absurdities prevalent in the prices of food commodities such as rice, yam and beans, in most Nigerian markets.”
The former 2018 Senatorial Candidate for Anambra South Senatorial District maintained that, “The current administration has wilfully and consciously chosen to continue the path of its predecessors by propagating ill-conceived social and economic policies and engaging in projects that are purely unconnected and at variance with the well-being of its citizens.”
