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Bauchi State Governor, Bala Mohammed has called on the President Bola Tinubu-led Federal Government to review its current monetary and fiscal policies, stating that they are not working effectively.<\/p>\n
The governor made this call at the launch of the Nigeria Development Update in Abuja on Thursday.<\/p>\n
Mohammed urged the government to avoid being dogmatic in its approach, emphasizing the urgent need for change due to the growing hardship in the country.<\/p>\n
He highlighted the plight of ordinary Nigerians, warning that hunger and economic hardship have created a volatile situation. He revealed that even people in his position are facing the threat of being lynched by frustrated citizens.<\/p>\n
Mohammed also called on the federal government to develop more effective economic policies, stressing that the funds currently being received are insufficient to address the widespread hunger.<\/p>\n
\u201cWhen the reforms started, the sub-nationals supported the President. But now, the macroeconomic policies causing inflation need to be reconsidered. There is hunger, people are suffering, and Nigerians are not benefitting from these reforms.<\/p>\n
\u201cWhat are you doing to reduce hunger? We must help the people cope.<\/p>\n
\u201cThe purchasing power of the people has drastically diminished.<\/p>\n
\u201cMy brother Cardoso (CBN governor), these policies are not working. They need to be reviewed. Let\u2019s not resort to blackmail,\u201d the governor said.<\/p>\n","protected":false},"excerpt":{"rendered":"
Bauchi State Governor, Bala Mohammed has called on the President Bola Tinubu-led Federal Government to<\/p>\n","protected":false},"author":1,"featured_media":44353,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[27],"tags":[],"class_list":["post-44352","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"yoast_head":"\n