The Nigerian government’s economic reforms have raised serious concerns among the people, especially the middle class. In a recent appearance on Channels Television’s “Inside Sources” with Laolu Akande, Senator Imasuen, Chairman of the Senate Committee on Ethics, Privileges and Petitions, expressed concerns about the negative impact of the reforms on Nigerians.
According to the lawmaker, it is essential that the executive and legislature work together to find solutions to the current economic challenges. Rather than blaming each other, there is an urgent need to address the plight of the people and find concrete ways to improve their lives.
Imasuen pointed to Nigeria’s dependence on imports, stressing that the constant devaluation of the naira does not seem to be a viable solution. He also underscores the importance of developing local industries, especially small and medium enterprises, to provide the middle class with the necessary space to thrive.
This critical view of ongoing economic reforms highlights the challenges facing Nigeria in its quest for progress and prosperity for all. It is imperative that policymakers take these concerns into account and work together to develop more inclusive and sustainable economic policies.
At this crucial time for the Nigerian economy, it is essential that dialogue and collaboration between different political and economic actors be strengthened to ensure a better future for all Nigerians.