The decision of the Federal Government to distribute basic food items such as rice, garri and beans to very poor Nigerians as a measure of moderating the harsh effects of the downturn in the country’s economy is certainly laced with good intentions
; but weeks of implementing the policy have shown lapses of very serious nature in the scheme, which have occasioned disillusionment among the generality of Nigerians.
The Federal Government, in August 2023, commenced the disbursement of N5 billion to each of the 36 states and the Federal Capital Territory for the procurement of food items for distribution to vulnerable citizens as part of measures to cushion the effect of subsidy removal on premium motor spirit.
Considering that provision of palliatives or any sort of bailout is not sustainable on a medium or long-term basis, priority attention should be on revitalising the economy.
Steady free-fall of the naira value to dollar has registered new odd records in the air transport sector, with aviation fuel now almost N1000/litre and operators cum travel agencies in a pricing dilemma.Despite heightened criticisms against purchase of 2023 model of Toyota Land Cruiser and Prado Sport Utility Vehicles for the use of 469 members of the 10th National Assembly, leaderships of the Senate and House of Representatives...
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