Residents of the Federal Capital Territory Call for People-Oriented Policies
Residents across the Federal Capital Territory (FCT) have voiced their concerns about the economic challenges facing Nigeria, urging the federal government to implement people-oriented policies that can alleviate the hardships experienced by citizens. These appeals were made during separate interviews with the News Agency of Nigeria (NAN) as the nation celebrated its 65th Independence anniversary.
The celebrations, themed “Nigeria @ 65: All Hands-on Deck for a Greater Nation,” included a mix of religious, civic, and cultural activities, culminating in an Independence Day parade across the states on October 1. The event highlighted both the progress made and the ongoing struggles faced by the Nigerian populace.
Economic Hardships and Policy Criticisms
Alh. Ibrahim Musa, a businessman in Bwari, expressed his frustration with the economic reforms introduced by President Bola Tinubu’s administration. He pointed out that the removal of fuel subsidies and the unification of foreign exchange windows had significantly impacted small businesses like his own.
Musa explained that these policies led to increased transportation costs, which in turn caused daily price hikes for commodities. “Even my business, which once thrived, is no longer booming. Sometimes, I sell goods below their cost prices just to break even and feed my family. If things continue like this, I’ll eventually go out of business,” he said.
He also criticized the country’s reliance on oil, emphasizing that Nigeria has the natural resources needed to feed itself but is plagued by corruption and poor governance.
Calls for Economic Diversification
Mr. Charles Ibe, a lecturer, echoed similar sentiments, stressing the need for the government to diversify the economy beyond the oil sector. He argued that the current oil-dependent model is unsustainable and that other sectors such as agriculture, mining, and tourism should be explored to boost the economy.
Ibe noted that while the removal of fuel subsidies was well-intentioned, the effects had worsened the country’s economic situation. He suggested that the funds saved from subsidy removal should be directed toward infrastructure development and poverty alleviation programs.
Housing and Transportation Challenges
Mr. Stanley Osho, a civil servant in Gwagwalada, highlighted the rising cost of housing as a significant issue. He mentioned that many civil servants are relocating to areas with minimal infrastructure and security to reduce expenses. Additionally, the high cost of transportation has led to fewer office visits, negatively impacting productivity.
Osho urged the government to regulate house rents and provide affordable public transportation to improve the quality of life for ordinary citizens.
Power Sector and Minimum Wage Concerns
Mr. Chinedu Okafor, a teacher in Mararaba, Nasarawa State, emphasized the importance of a stable power supply for business growth. He called for urgent reforms in the power sector to attract investments and foster economic development.
Mrs. Confidence Samuel, another civil servant, highlighted the burden on workers due to the current economic hardship. She stated that the N70,000 minimum wage is no longer sustainable given the soaring cost of living. Samuel advocated for an upward review of the minimum wage and targeted government interventions to stabilize food prices and make basic amenities more affordable.
Optimism Amid Challenges
Despite the difficulties, some residents remain optimistic about Nigeria’s future. Mr. Akpoko Uloko, a civil servant, acknowledged the progress made in various sectors, even though the economy has not reached its full potential. He expressed hope that continued efforts would lead to greater achievements.
Mr. James Adeyemi, a cleric in Bwari, emphasized the significance of independence as a reminder of freedom, hope, and opportunities. He urged citizens to foster unity and responsibility while calling on leaders to demonstrate transparency and commitment to addressing national challenges.
Government Acknowledgment and Positive Outcomes
Sen. George Akume, the Secretary to the Government of the Federation (SGF), acknowledged the challenges posed by the reforms but highlighted positive outcomes such as easing inflationary pressures, renewed foreign investment, and job creation initiatives. He also mentioned strengthened social intervention programs to support the vulnerable.
Akume encouraged Nigerians to remain resilient, united, and committed to the ideals of peace and progress.
