Pius Nsabe
President Bola Tinubu on Thursday acknowledged that Nigerians are experiencing economic hardship, including rising living costs, hunger, insecurity, unemployment, loss of livelihoods, and the pressure of providing for their families.
This came as Organised Labour issued a 20-point demand to the Federal Government, urging action on worsening socio-economic conditions in Nigeria, including escalating genocidal killings and bloodletting across the country.
Speaking at the national May Day celebration (Workers’ Day) at Eagle Square, Abuja, the President, represented by the Minister of Labour and Employment, Muhammad Dingyadi, described the challenges as real, critical, and requiring definite solutions. He assured Nigerians of his determination to address them.
The President emphasized that his administration is committed and intentional in formulating and implementing policies that promote job creation, decent work, poverty alleviation, economic growth, and stability, while also supporting the most vulnerable citizens.
According to him: “The theme demands our collective attention and serves as a stark reminder of the need to create an environment where every worker feels safe, valued, and empowered to contribute to the growth and prosperity of our nation. As your President, I assure you that this administration is committed to creating such an environment for the common good.”
On the economic hardship, he noted that while it is a global phenomenon, its effects on Nigerians are particularly severe.
Tinubu said: “I am aware of the peculiarities of the economic hardship Nigerians face—rising costs, hunger, insecurity, unemployment, and the loss of livelihoods. These challenges are real and demand definitive solutions, which I am poised to address as your President.
It is in this regard that my administration is not only committed but intentional in implementing policies promoting job creation, poverty alleviation, economic growth, and support for the vulnerable.”
This acknowledgement by the President about the state of the economy is perhaps the starting point in the urgent need to resolve the issues bedeviling the nation.
