Cost Of Living: Borrowing Will Not Help Nigeria - Leaders The federal government has started to take measures to adjust the inflation and t...
Cost Of Living: Borrowing Will Not Help Nigeria - Leaders
The federal government has started to take measures to adjust the inflation and the cost of living, but some senior scholars of the Islamic religion said that the way that has been followed will not be successful.
Even after the individual protests on the cost of living, the Labor Union in Nigeria said it will protest as a group because of the poor condition of the workers.
Seeing how the protests have started in some states of Nigeria, some have started to fear a revolution because of the high cost of living, but the main Islamic teacher in Nigeria, Sheik Ahmed Mahmud Gumi, said that it seems difficult for Nigerians to unite. to approach the government on this issue.
He is also an economist and a teacher at the College of Science and Technology in Kaduna State, Dr. Isma'il Mohammed Anchau said that the economic crisis in Nigeria has already reached its peak. He confirmed that in recent history, such high cost of living has never been encountered in Nigeria.
Hajiya Rakiya Bala Dundun Nufawa is one of the commentators on the daily issues and there is a way to open up especially if the security is improved and the prices of basic goods are regulated in Nigeria.
Economists such as Dr. Isma'il Mohammed Anchau thinks that if Nigeria wants to get out of this rising price and cost of living, then it is necessary to restore oil subsidies, provide security and deal with corruption.
So far, the protests that have started in some states have led some governors and other officials to support action, which some believe can reduce the pain of anxiety before taking permanent measures.
No comments