President Bola Tinubu on Thursday has met with state governors in Abuja to discuss insecurity and the increase in the prices of goods and services that have made basic items unaffordable for millions of Nigerians.
Recall that government policies such as the removal of petrol subsidy have led to over 200% rise in the price of commodities without any corresponding increase in wages across the country.
While the cost of living crisis persists, Nigerians also grapple with the worsening security situation that has seen almost daily cases of killings and kidnappings across the country.
Tinubu and the governors met at the President Villa on Thursday where they acknowledged what Nigerians were going through.
Earlier, governors elected on the platform of the People’s Democratic Party(PDP) compared Nigeria’s economic situation to that of Venezuela, a South American country in the throes of hyperinflation, escalating starvation, disease, crime, and high mortality rates.
But the Presidency criticised the performance of the governors, pointing out their failure to pay salaries, pensions, and the N30,000 minimum wage.
Protests had broken out in different parts of the country in reaction to the high cost of living with citizens in Niger, Kano, Kogi, Ondo, and other states demanding solutions to the economic crisis.
