Bauchi State Governor, Bala Mohammed, has called on the Federal Government, led by President Bola Tinubu, to reconsider its current monetary and fiscal policies, arguing that they are not effectively addressing the economic challenges facing the country.
Governor Mohammed made this appeal on Thursday during the launch of the Nigeria Development Update in Abuja.
“The current policies are not working. The hardship is increasing, and the people are suffering,” the governor stated, urging the government to avoid being rigid in its approach. He emphasized that immediate changes were necessary to alleviate the growing hardship across the country.
The governor expressed deep concern over the plight of ordinary Nigerians, warning that economic hardship and hunger have created a volatile situation. “Even those of us in leadership positions are not safe. We are facing the threat of being lynched by frustrated citizens,” he revealed.
Governor Mohammed further urged the Federal Government to develop more effective economic strategies to combat the widespread hunger, stressing that the current funds being disbursed are inadequate.
“When 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,” he stated.
Speaking directly to Central Bank Governor Olayemi Cardoso, Mohammed added, “My brother Cardoso, these policies are not working. They need to be reviewed. Let’s not resort to blackmail.”
The Bauchi Governor concluded by calling on the Federal Government to implement solutions that would reduce hunger and improve the purchasing power of Nigerians, stressing the need for urgent intervention to help citizens cope with the current economic reality.