CURRENT REPORT BLOG Concerned about the economy and food prices, Nigeria’s cabinet ministers called an emergency meetings as pressure mounted on the government over the impacts of President Bola Ahmed Tinubu’s reforms.
Monday saw the start of protests in the northern Niger state, where protesters mostly women and young people blocked the main road in Minna, the state capital, demanding assistance with living expenses.
Since coming to office in May, Tinubu has abolished fuel subsidy and currency restrictions, leading to a triple of petrol prices and a surge in living costs as the naira declines steeply against the dollar.
Present at the meeting was the Minister of finance, information, budget and national planning, agriculture as well as the national security advisor, central bank director and other senior aides.
“By the time these meetings are concluded, we’ll be able to issue a definite statement on what the position of government is in this regard,”
“All I can say is that discussions are ongoing, and very soon a solution is in sight for Nigerians.” Information Minister Mohammed Idris told reporters.
Nigerians have been advised by government representatives to have patience with the reforms, which Tinubu claims will increase foreign investment in the continent’s largest economy.
