It’s been one year since Bola Tinubu became Nigeria’s president, and many Nigerians are struggling to make ends meet. Abubakar Sheka, a bread seller in Kano, has noticed a significant decrease in customers due to the rising cost of bread, which has more than doubled in price since last May. This increase is a result of the removal of the fuel subsidy and the devaluation of the naira, which has led to inflation and made imported goods more expensive.
Despite the government’s efforts to restructure the economy and attract foreign investment, many Nigerians are feeling the pinch. The removal of the fuel subsidy has led to skyrocketing prices, and the devaluation of the naira has reduced its value from $22 to $6.80. This has pushed more people into poverty, and many are struggling to afford basic necessities like food.
The government has implemented some measures to alleviate the suffering, including cash transfers to the poorest families, but more needs to be done. The security situation in the country remains a challenge, with violent attacks and abductions still occurring. However, there have been some improvements in the north-west region, and the government has taken steps to address corruption.
Overall, while there have been some positive developments, many Nigerians are still waiting to see the benefits of the government’s policies. For people like Abubakar Sheka, time is running out, and they need to see improvements soon or they will be forced to find alternative means of survival.
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