“An army marches on its stomach.”-Napoleon Bonaparte, 1769-1821. Right now several millions of Nigerians’ stomachs are empty; and movement has virtually stopped.
It is bizarre. The International Monetary Fund, IMF, calling on the government to protect the poor from the impact of the fuel price hikes it engineers! To add to its criminal thought process against the Nigerian people, the same IMF is telling the Tinubu administration that fuel prices in Nigeria are too low and need to be increased because it is allegedly selling below market price.
THE hard times Nigerians are passing through are not about to end; it’s getting clearer by the day. The more things change, the more they remain the same.
THE latest foreign trade data show that Nigeria recorded a trade balance of N6.52 trillion in the first quarter of this year, according to the National Bureau of Statistics, NBS. Expectedly, President Bola Tinubu seized on the figure as evidence that his economic reform is working.