The Street Reporters Newspaper

…Breaking News with Integrity!


Breaking News Business Governance Metro News National News News Politics Press Release

BREAKING: Nigerians in Pain, Reshuffle Cabinet Now – CNPP Urges Buhari

Spread the love

This post has already been read 248 times!

buhariThe Conference of Nigeria Political Parties (CNPP) has described the President Muhammadu Buhari’s administration as insensitive to indescribable economic hardship its policy decisions inflict on the now impoverished Nigerians, advising Mr President to urgently reorder his cabinet to save the country of further anguish.

Reacting to planned 100 percent increment in Value Added Tax (VAT), the inability of the government to meet its self-imposed April 7 deadline to end fuel queues and 45 percent electricity tariff increase, the CNPP noted with displeasure that “despite persistent public outcry, the government went ahead to implement the electricity tariff hike”.

This was contained in a statement issued in Abuja on Tuesday, which was signed by CNPP Secretary General, Chief Willy Ezugwu.

“The President Muhammadu Buhari administration has shown severally that it is insensitive to the plight of Nigerians occasioned by its policy decisions that have inflicted serious economic injuries on already impoverished Nigerians.

ALSO READ  Kogi NIOB Leader Lauds Tinubu On Enhanced Entry Point Establishment for Graduate Builders in Public Service

“Such policy decisions of the present government include its insistence on implement a 45% tariff increase at a time power generation has dropped to zero level.

“CNPP notes with displeasure that despite persistent public outcry, the government went ahead to implement the tariff hike. This portrays the government as nonchalant, insincere and despotic.

“We cannot agree less with the President of the Nigeria Labour Congress (NLC), AyubaWabba, who insisted that the 45% electricity tariff increase was illegal, unfair, unjustifiable and a further exploitation of the already exploited Nigerians.

“As if that was not enough, the government, through the Vice President, Prof YemiOsinbajo, has hinted on its plan to inflict more pain on Nigerians by increasing the Value Added Tax (VAT) by 100%.

ALSO READ  Calleo Supports Stanchion in Unveiling New Modern Brand Identity, Website

“The Vice President who disclosed at the first national economic forum in Lagos that the federal government was planning to increase VAT from the current 5% to 10%, a hundred percent increment, only exposed the government’s insensitivity”, CNPP observed.

The umbrella body of all political parties in Nigeria added that “it is painful that the government, which was unable to meet its self-imposed April 7, 2016 deadline to end fuel queues, has not added even a megawatt of electricity since nearly a year in office but would opt for increment in electricity tariff, VAT, with the attendant economic hard that have resulted in more job loss instead of job creation.

“How much has the government done to alleviate the inexpressible suffering and inexcusableeconomic discomfort Nigerians are currently experiencing in the midst of abundant human and natural resources as a result the government’s inconsistent policy decisions?”,the CNPP queried.

ALSO READ  Centre For Artificial Intelligence To Begin In UNN As 2Oth Herbert Macaulay Memorial Lecture Ends

“In case the government is unaware, it is the integrity of Mr President that is still sustaining the regime, but how far such goodwill will take the administration is very uncertain, considering the present economic realities.

“Therefore, we advise that Mr President should urgently rejig his cabinet by putting square pegs in square holes, with round pegs in round holes, rather than a situation where appointees were assigned critical and highly technical portfolios that have no relevance whatsoever to their academic qualification or professional expertise. This will save Nigeria further economic anguish”, the statement read. is your BREAKING NEWS platform.

Do you have Breaking news or Opinion article for us?
Call: 0817 504 7979
Or Email Us:
Follow Us on Twitter @streetreporters
Join Our Fans on Facebook:
Visit Our Website:

The Street Reporters Newspaper is reliable latest news portal and publishes opinions, business news, politics, and sports news from Nigeria and the world. Tel: +2348175047979

Discover more from The Street Reporters Newspaper

Subscribe now to keep reading and get access to the full archive.

Continue reading