Economic experts and concerned citizens have raised alarm over the government’s handling of the fuel subsidy, attributing the current economic downturn to what they describe as a “haphazard and disingenuous” approach by the current administration. The mismanagement of fuel subsidy funds has exacerbated inflation, leading to a sharp rise in the cost of living, which is affecting the material well-being of millions of Nigerians.<\/p>\n
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“As things stand, there will be no let up in the escalating inflation rate, which is drowning the material well-being of Nigerians,” said Atiku, a vocal critic of the administration\u2019s economic policies. The inflationary pressures have led to soaring food prices, fuel costs, and reduced purchasing power for the average citizen.<\/p>\n
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Even more concerning, according to Atiku, is the apparent indifference shown by influential figures. “It is even more worrying that T-pain is undisturbed by the hardship in the country,” Atiku added, calling attention to the lack of visible empathy or intervention from key personalities amidst the crisis.<\/p>\n
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The rising inflation and economic hardship have led to widespread discontent, with many questioning the government’s ability to manage the country’s economic challenges effectively.<\/p>\n","protected":false},"excerpt":{"rendered":"
Economic experts and concerned citizens have raised alarm over the government’s handling of the fuel subsidy, attributing the current economic downturn to what they describe as a “haphazard and disingenuous” approach by the current administration. The mismanagement of fuel subsidy funds has exacerbated inflation, leading to a sharp rise in the cost of living, which […]<\/p>\n","protected":false},"author":14,"featured_media":51527,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[172],"tags":[],"class_list":["post-51523","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"aioseo_notices":[],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/posts\/51523","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/users\/14"}],"replies":[{"embeddable":true,"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/comments?post=51523"}],"version-history":[{"count":4,"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/posts\/51523\/revisions"}],"predecessor-version":[{"id":51556,"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/posts\/51523\/revisions\/51556"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/media\/51527"}],"wp:attachment":[{"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/media?parent=51523"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/categories?post=51523"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/tags?post=51523"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}