28.1 C
Abuja

Tinubu faults Buhari’s austerity measures, canvasses economic stimulus

Advertisementspot_img

Related

1min read

THE national leader of the All Progressive Congress (APC) Bola Tinubu has urged President Muhammadu Buhari and the National Assembly to immediately put a stop to economic austerity measures and introduce economic stimulus.

Speaking at the 12th colloquium to mark his 69th birthday in Kano on Monday, Tinubu said the country must fine-tune its economic programmes.

“This is the time to put stimulus expenditure in place, this is no more time for austerity. This is no more time to constrain the economy, it is time to create opportunities,” he said.

He cited example of the recent stimulus package by the US government while taking a dig at Nigeria’s increasing unemployment rate under the present administration.

READ ALSORising clean energy demand offers Nigeria opportunity to exploit gas resources – Buhari

“Your own employment rate is 33 percent and you ask us to keep on fasting. The one we are fasting spiritually is voluntary. We have been fasting for so many years. I hope the National Assembly, I hope the president himself will not pay attention to austerity. It is only the state that must constrain itself and balance budget.”

He added that  it was only the federal government that had the sovereign power and must use it to improve the quality of life of Nigerians.

- Advertisement -

Tinubu also called on the government to employ more youths into the security sector.

“We are under-policed and are competing with armed robbers and bandits to recruit from the youths who are unemployed.

“Don’t call them illiterates, anybody that can handle guns is capable of handling tractors in the farm. We can create the jobs.”

How IMF COVID-19 loan forced FG to increase pump price, electricity tariffs- Oxfam report

He also identified with the youths, saying: “Surprisingly, when you see the social media today, you see the minds of our youths. They are angry, but we appeal to them that we will listen to them.”

Support the ICIR

We need your support to produce excellent
journalism at all times.

If you or someone you know has a lead, tip or personal experience about this report, our WhatsApp line is open and confidential for a conversation

Advertisement

LEAVE A REPLY

Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Support the ICIR

We need your support to produce excellent journalism at all times.

Advertisementspot_img

Recent

Auditor’s-General Report: Stakeholders urge quick passage of Audit Law

STAKEHOLDERS on a radio program in Abuja have condemned the massive corruption report of...

Under Buhari’s Watch: Veterinary Council failed to remit N480 million in two years – Auditor-General’s Report

THE Veterinary Council of Nigeria failed to remit N480 million to the federal government's...

Drug importation: Court adjourns trial against 7 Indians, others till Jan 21

A Federal High Court in Ikoyi, Lagos, has adjourned till tomorrow, January 21, hearing...

Future Today Institute launches survey on journalism’s future

THE Future Today Institute (FTI) invites journalists worldwide to its Global Survey on the Future...

Missing arms not peculiar to Police alone -Wase

DEPUTY Speaker of the House Of Representatives Idris Wase said the issue of missing...
Advertisement

Most Read

Advertisement

Subscribe to our newsletter

Advertisement