Ogbu Demands Immediate Response From Tinubu To Escalating Hunger Protests

Ogbu Demands Immediate Response From Tinubu To Escalating Hunger Protests

Professor Osita Ogbu from the University of Nigeria, Nsukka, has called on President Bola Ahmed Tinubu to convene a crisis meeting with state governors and reconsider recent economic policies, including the removal of fuel subsidies and the floating of the Naira…….. CONTINUE READING 

In an interview with Channels Television, Ogbu attributed the current economic hardships in Nigeria to these simultaneous policy changes implemented in June of the previous year. He noted that the #EndBadGovernance protests highlight widespread dissatisfaction with the government’s policies.

Ogbu proposed that, beyond providing palliatives, the government should establish innovation and production hubs in each state to alleviate economic difficulties. He emphasized the need for industrialization and suggested that the National Economic Council could play a more effective role.

He also recommended a thorough investigation of the Nigerian National Petroleum Company Limited (NNPCL) to address the Naira crisis and improve fuel management and foreign exchange interventions. Ogbu criticized the slow progress in refurbishing refineries and suggested that one or two should be operational within the first six months of any administration.

Regarding the foreign exchange crisis, Ogbu urged for a more strategic approach to managing inflows and outflows rather than relying solely on market forces.

This statement comes as hunger protests have continued into their third day, with recent demonstrations in Kano, Niger, Kaduna, Yobe, and other states resulting in fatalities.

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