Hardship: We See Looming Collapse of Nigeria – Northern Group Warns Tinubu

The Coalition of Northern Groups, CNG, says it has critically reviewed the current situation in Nigeria and strongly cautions against the looming precipitous collapse of the nation.In a statement signed by Comrade Jamilu Aliyu Charanchi, its National Coordinator, the CNG said it is deeply concerned about the general economic atmosphere, which portends imminent danger.The group said it was imperative for the current administration to address the escalating hardship that has permeated every segment of Nigerian society.Today, life has become highly unbearable for the overwhelming majority of citizens. The suffering of Nigerians is palpable across every stratum. The CNG holds the present and previous governments responsible for creating this dire situation for Nigerians,” the group said.

Current economic indices and data from the Nigeria Bureau of Statistics (NBS) paint an ugly picture of our reality, as it confirms that 133 million Nigerians are already living in multidimensional poverty, while 20 million people, mostly young within the bracket of productive age, are either completely unemployed or underemployed.

This is in addition to the social consequences created by insecurity, such as displacement of communities, loss of lives and properties, and psychological trauma.It is no longer news that pervasive hardship across the country has eroded trust in the present government, and it’s exponentially threatening national unity, peace, and security.

In responding to the current hardship facing Nigerians, the government appears to be adopting a trial-and-error approach to the economy, resulting in further deterioration and further exposing people to avoidable hardship. No definitive and evidence-based solutions are in sight In this dire situation, instead of providing relief, the Monetary Policy Committee, MPC, announced an increase in interest rates, which will further devastate the economy and diminish the prospects for job creation.

The anti-people policies of the government only enabled the few elites to primitively acquire wealth, while the vast majority of citizens continue to languish in deep poverty.