Governor Bala Mohammed of Bauchi State has called on the Federal Government to review its current monetary and fiscal policies, stating that they are not working effectively.
The governor made this call at the launch of the Nigeria Development Update in Abuja on Thursday.
Mohammed urged the government to avoid being dogmatic in its approach, emphasizing the urgent need for change due to the growing hardship in the country.
He highlighted the plight of ordinary Nigerians, warning that hunger and economic hardship have created a volatile situation. He revealed that even people in his position are facing the threat of being lynched by frustrated citizens.
Mohammed also called on the federal government to develop more effective economic policies, stressing that the funds currently being received are insufficient to address the widespread hunger.
“When the reforms started, the sub-nationals supported the president. But now, the macroeconomic policies causing inflation need to be reconsidered. There is hunger, people are suffering, and Nigerians are not benefitting from these reforms.
“What are you doing to reduce hunger? We must help the people cope.
“The purchasing power of the people has drastically diminished.
“My brother Cardoso (CBN governor), these policies are not working. They need to be reviewed. Let’s not resort to blackmail,” the governor said.
