Bayo Onanuga, special adviser on information and strategy to President Bola Tinubu, says efforts by the federal government to ameliorate the impacts of the economic hardship on Nigerians are already yielding results.
Speaking with TheCable, Onanuga said many Nigerians have
been complaining about the hardship due to lack of money.
He listed several initiatives rolled out by the president
and some state governors to ensure people have food to eat as well as money to
buy other basic needs.
“The opposition can say nothing has worked but we can see
some light already,” Onanuga said.
“For instance, the
foreign exchange market is being stabilised. In the last one week or so, sanity
has been restored in all these crazy movements of the naira in the black
market.
“On the food situation, from the reports we are gathering
across the country, prices of foodstuffs are not going up, they are going down.
“The major problem is that people don’t have enough
disposable income. What the government is doing, at least to all federal
workers is to pay them N35,000 up till April. Even some states are also giving
wage awards.
“It is clear that
many people are crying about food prices because they don’t have enough money
to spend. That is why the federal government and some states are making wage
awards.
“Look at Ogun state. The governor has rolled out palliatives
worth N5 billion for households in the state. Lagos state has also announced a
series of measures. In Ekiti, the state government also announced N5,000
palliatives for 10,000 households.
“In Borno State, the governor recently raised the number of
households being targeted for palliatives from 300,000 to 400,000. I can go on
and on.
“Most of them are making efforts to ensure that the workers
have money to survive while others are also assisting the citizens”.
“The federal
government is making efforts to boost food supply. We just issued a statement
recently to tell Nigerians the state of government’s effort on the 2,000 metric
tonnes of grains and the 60,000 expected from rice millers.
“The Nigerian Customs is also selling seized 25kg bags of
rice at N10,000. A lot of things are being done to cushion the effects of the
hardship and make sure Nigerians don’t suffer.”
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