The Middle Belt Forum (MBF) has voiced strong concerns over Nigerian President Bola Tinubu’s economic approach, asserting that his policies have led to significant setbacks in the country’s economy over the past year. According to the group, Tinubu’s administration has implemented decisions that have exacerbated the nation’s financial difficulties, negatively affecting millions of citizens. They argue that the current administration’s economic trajectory is pushing Nigeria further away from stability and prosperity.
The MBF highlighted specific policy changes, including the removal of fuel subsidies and the shift in foreign exchange rates, which they claim have been detrimental to the well-being of Nigerians. These measures, the MBF argues, have led to increased inflation, reduced purchasing power, and have disproportionately impacted middle- and lower-income earners. They also pointed to the declining value of the naira as evidence of the administration’s failure to stabilize the economy, suggesting that the government lacks a clear plan for sustainable growth.
Expressing frustration with the perceived inaction, the MBF called on President Tinubu to reconsider his economic policies and adopt a more inclusive approach that could alleviate the hardships faced by the Nigerian population. The forum emphasized the importance of prioritizing the needs of all citizens, particularly those in economically vulnerable regions like the Middle Belt, where people have been severely affected by the current economic challenges. The MBF urged the government to adopt measures that foster both stability and long-term prosperity for Nigeria.
