Cleric Laments Nation’s Economic Predicaments, tasks Tinubu on Panacea

Morolake Oluwatosin

The Bishop of the Anglican Diocese of Owo in Ondo State, Revd Stephen Fagbemi, has called on President Bola Tinubu to devise concerted efforts for solutions to the variants economic challenges affecting the Country.

The cleric added that the people are impoverished and living in abject poverty.

 

The Bishop gave the submission during the third session of the 14th Synod of the Church held at St Stephen’s Church, Ipele in Owo local government area of the state.

He noted that the effects of the current economic hardship are real and painful.

Fagbemi said: “Unless urgent and effective steps are taken to curtail the effects of the current economic situation in the country, Nigeria may witness an uncontrollable rise in crime.

“Nigeria has become a harder place to live in as evident in the fact that many people are leaving the country for greener pastures while many are finding themselves in difficult situations where they fled to.

“Nigeria and its people have encountered acute economic hardship within the past year owing to the sudden removal of petroleum subsidy and due to devaluation and instability of the foreign exchange.

“The resultant effects of these actions are the harsh economic reality that Nigerians are facing daily. Inflation is almost out of control and prices of goods and commodities have risen astronomically.

“It has become hard for people to feed their families. Perhaps only very few wealthy individuals can claim to be comfortable at the moment.

“We urge our government to work harder at diversifying our economy. Already it is evident that unemployment is very high, as so many graduates are walking about without any job or means of livelihood. This makes the future look bleak and hopeless for many.

“The political class is not undergoing any serious economic adjustment as their monthly take-home which is humongous is a shameless inconsideration of the plight of their electorate.”, the cleric said.

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