One-Chance Economy
After eight harrowing years of the late Muhammadu Buhari administration that lasted from 2015 to 2023, Nigerians were delighted to usher in a new government led by President Bola Ahmed Tinubu on May 29, 2023. Little did they know that the days, months and years ahead would be even more harrowing than the Buhari years.
Reason being that as soon as Tinubu assumed office, he announced total removal of fuel subsidy, a development that has taken a very negative toll on citizens, as transportation fares, cost of living skyrocketed, while the very fabric of the existence of Nigerians took a very significant downward turn.
Since then, it has been a one-chance economy for a greater majority of Nigerians, as one analyst described it, insisting that if the Nigerian Constitution had made provision for a third or fourth terms in office, a Buhari’s continued stay in office beyond 2023 would have been rather preferable!
Having reviewed developments in the country’s socio-economic and political sphere, Tentacle in its usual down-to-earth manner, brings to the fore prevailing issues in the nation’s polity with a Lead Story titled ‘Renewed Hardship: Fuel Price May Hit N3,000 in 2027’ with the riders ‘Experts Warn, Advocate Fine-Tuned Subsidy Restoration’.
Also on the menu of this edition are, ‘2027 Reasons Tinubu Must Win Again’, largely due to imperfections in the conduct of elections exacerbated by avoidable glitches in the voting pattern and collation of results by the Independent National Electoral Commission (INEC).
You will also encounter ‘Frivolous Attacks Ridicule Peter Obi’s Traducers’ and ‘Customs Leadership Palaver’, Minister Wades In, Insist On Examination… Tinubu Approves 2009 DCGs Takeover Amid Bickering’. The edition equally parades a rich blend of other compelling stories in the Business and Economy section, especially ‘Dangote Refinery Noah’s Ark IPO’ and ‘18, 149 Spills Ravage Niger Delta’ oil-bearing host communities in over 18 years from 2006 to 2024 and the need for the government to strengthen the National Oil Spills Detection and Response Agency (NOSDRA) and the National Environment Standards and Regulations Enforcement Agency (NESREA).
In addition, we serve you other interesting stories in the entertainment and crime, just as the nation’s struggles to come to terms with the death of over 37 suspected illegal miners, who reportedly died in the detention of National Security and Civil Defence Corps (NSCDC) facility in Niger State, which calls to question, the inadequacy of facilities in government security agencies offices across the country.
It’s by all means a loaded edition that will be worth the while reading. Grab a copy and savour every bit of it. Enjoy it!
