Governor Bala Mohammed of Bauchi State has called on the federal government to reassess its current monetary and fiscal policies, stating that they are not effectively addressing the nation’s economic challenges.
Speaking at the launch of the Nigeria Development Update in Abuja this afternoon, the governor urged the government to avoid rigidity in its approach and highlighted the urgent need for change given the increasing hardship faced by citizens.
Governor Mohammed expressed concern over the struggles of ordinary Nigerians, warning that widespread hunger and economic hardship have created a volatile situation. He disclosed that even those in leadership positions, including himself, are at risk of backlash from frustrated citizens.
He stated, “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.”
The governor emphasized the need for the federal government to create more effective economic strategies, noting that the current funds available are insufficient to combat the widespread hunger in the country.
He added, “What are you doing to reduce hunger? We must help the people cope.”
Governor Mohammed also pointed out the declining purchasing power of citizens, saying, “The purchasing power of the people has drastically diminished. My brother Cardoso, these policies are not working. They need to be reviewed. Let’s not resort to blackmail.”
Addressing the issue of electricity, the governor remarked, “What about power? The tariffs are so high that people cannot afford to pay. We are on the brink of being lynched. These policies are not working. We must review them.”