Governor of Bauchi State, Bala Mohammed, don criticize the economic policies of the Federal Government under President Bola Tinubu, saying dem no dey yield the desired results.
Mohammed talk dis thing during the launch of the Nigeria Development Update report by the World Bank in Abuja on Thursday. He say Nigerians no dey enjoy the regime at all levels, including federal, state, and local governments.
He emphasize say the revenues available to state governments no be enough to address the challenges dem dey face. Mohammed urge dem to go back to the basics and come up with a budget program and economic policies that will reduce hardship.
“The money we dey share no be enough,” he say. “The report talk about employment, wages, and how many percent of Nigerians dey employed. Most of our people live in the informal sector; we should look at how we can make them self-employed.”
Mohammed also criticize the current economic policies, saying, “The purchasing power has dwindled; these policies are not working and you know that.”
Alex Sienaert, the lead economist of the World Bank in Nigeria, stress the importance of backing the recently introduced macroeconomic stabilization reforms with initiatives to create productive jobs.
World Bank Country Director for Nigeria, Dr. Ndiame Diop, acknowledge the challenges posed by these reforms but affirm their necessity for the nation’s long-term stability. He say opposing or reversing these reforms would be detrimental to the development of the country.
