Monday, 19 February 2024 04:50

Tinubu’s economic policies responsible for current unprecedented hardship - Catholic Bishops

Rate this item
(0 votes)

Catholic Bishops Conference of Nigeria (CBCN) has said the reform agenda of President Bola Tinubu has added to the plight of the citizens and worsening their conditions.

President of the CBCN, Lucius Iwejuru Ugorji, said this at the formal opening of the 2024 First Plenary Assembly of the CBCN at the Catholic Secretariat of Nigeria (CSN) Resource Centre, Abuja, on Sunday.

The programme had as its theme, ‘Synod on Synodality: Areas of Concern for the Church in Nigeria’.

Ugorji said with the end of the fuel subsidy regime and the unification of the foreign exchange market, there has been a significant increase in the pump price of petroleum products and a steep decline in the value of the naira, thus increasing the hardship experienced by Nigerians.

Ugorji said rising inflation has made it difficult for average Nigerian to access basic commodities, including food items and medication.

“The reform agenda of the present government has added to the plight of Nigerians.

“With the withdrawal of fuel subsidy and the unification of the foreign exchange market, there has been a sharp increase in the pump price of petroleum products and a steep decline in the value of the naira. Indeed, there is a free fall in the national currency.

“As a result of the government’s reform agenda, millions of Nigerians have been reduced to a life of grinding poverty, wanton suffering, and untold hardship as never before in our national history.

“In a bid to survive, an increasing number of the poor have resorted to begging. With more than 80m Nigerians living below the poverty line of less than two dollars a day, our country, according to the recent disclosure of the World Bank, is the world’s second-largest poor population after India.

“While many impoverished Nigerians continue to suffer and die as a result of the hardship caused by the government’s economic reforms, the president has continued to urge the populace to make even more and more sacrifices with the assurance that brighter days lay ahead,” Ugorji said.

The CBCN President noted that as the government demands additional sacrifice from the struggling masses, Nigerians are expecting to see a drastic cut in the cost of running the government at all levels.

He said, “On the contrary, it is worrisome to watch top government functionaries live by the sweat, toil, and tears of the poor. They continue to spend huge public funds on ostentatious and luxurious lifestyles and seem incapable of feeling compassion for the outcry of the poor.

“It is no less worrisome to note that corruption among many public servants has gone beyond scale and measure. Corruption is a complex reality involving moral rottenness, defilement, and loss of integrity.”

On insecurity, Ugorji said despite the huge sums of money appropriated monthly as security votes, communities have continued to experience persistent insecurity.

He said recently that there has been an upsurge in kidnapping for ransom and increasing incidents of senseless bloodshed across the nation.

“Unarmed citizens are brutally slaughtered on our highways, in their homes, and even in the sacred precincts of places of worship. Killer herdsmen, bandits, and unknown gunmen seem to be on the rampage.

“Many communities across the nation have been taken over completely by criminals. Families have lost their ancestral lands to armed invaders and land-grabbers. The social and economic lives of communities have been paralysed due to insecurity.

“Schools have been shut down, and children can no longer continue their education. Farmers are unable to access their farms out of fear of either losing their lives or being kidnapped,” he said.

 

Daily Trust

September 23, 2024

Construction, manufacturing sectors had negative outlook in August, CBN reports

Manufacturers in Nigeria expressed a lack of confidence in the nation’s economic outlook in August…
September 23, 2024

APC candidate Okpebholo wins Edo governorship election

The governorship candidate of the All Progressives Congress (APC) in Edo State, Monday Okpebholo, has…
September 23, 2024

Leadership moments that matter: How great leaders are made

I believe great leaders are made in the moments that matter—the little moments in time…
September 21, 2024

Father installs surveillance camera on daughter’s head to keep an eye on her

A Pakistani father fearing for his daughter’s safety made her wear a surveillance camera on…
September 16, 2024

Nearly 300 prisoners escape Maiduguri prison after floods

Devastating floods collapsed walls at a jail in Maiduguri in northeastern Nigeria early last week,…
September 23, 2024

What to know after Day 942 of Russia-Ukraine war

WESTERN PERSPECTIVE Ukraine's air defence units destroy 71 Russian drones, Ukraine's air force says Ukraine's…
September 23, 2024

LUTH begins bone marrow transplant treatment for sickle cell patients

Following years of research and planning, the Lagos University Teaching Hospital (LUTH) has successfully launched…
September 22, 2024

Dubois knocks down, knocks out Joshua to retain IBF heavyweight world title

In an astonishing upset, Daniel Dubois delivered a career-defining performance, defeating former two-time world heavyweight…

NEWSSCROLL TEAM: 'Sina Kawonise: Publisher/Editor-in-Chief; Prof Wale Are Olaitan: Editorial Consultant; Femi Kawonise: Head, Production & Administration; Afolabi Ajibola: IT Manager;
Contact Us: [email protected] Tel/WhatsApp: +234 811 395 4049

Copyright © 2015 - 2024 NewsScroll. All rights reserved.