The Labour Occasion’s Lagos State Governorship candidate within the 2023 elections, Gbadebo Rhodes-Vivour, has said that the financial reforms applied by President Bola Tinubu have plunged Nigerians into unprecedented hardship.
PUNCH On-line reviews that since taking workplace on Could 29, 2023, the President has launched a number of financial reforms, together with the removing of the petrol subsidy and the floating of the naira.
Talking throughout an look on Channels Tv’s Politics Immediately on Thursday, Rhodes-Vivour alleged that the first beneficiaries of those reforms are the President’s buddies, bankers and authorities officers.
Rhodes-Vivour argued that unusual Nigerians have seen no constructive influence from these reforms, accusing the federal government of indulging in wastefulness and an extravagant life-style.
He stated, “The persons are experiencing unprecedented hardship. Immediately, over 70 per cent of individuals’s earnings is spent on transportation and meals. They haven’t even began contemplating how they’ll afford lodging.
“The one individuals who appear to be benefitting from these reforms are maybe the bankers, these in authorities, and the President’s buddies. What number of Nigerians can actually say they’re benefitting from any reform proper now?
“We’re witnessing a tradition of wastefulness and extravagance, which starkly contrasts with the dire financial scenario the President claims requires pressing reform.”
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