The Director General of Voice of Nigeria (VON), Mr. Osita Okechukwu, says, President Bola Tinubu, belongs to the one per cent deep pockets strangulating the country’s economy.
He said to this end, the President stands in a good stead to bail the country out of the stranglehold of these unelected individuals wielding enormous influence and posing serious threat to the integrity of the country’s democracy
TheHintsNews reports that the President had during a Nationwide broadcast on Monday said: “The subsidy cost us trillions of Naira yearly. Such a vast sum of money would have been better spent on public transportation, healthcare, schools, housing and even national security. Instead, it was being funnelled into the deep pockets and lavish bank accounts of a select group of individuals.”
Okechukwu, a founding member of All Progressives Congress (APC) said the labour unions need to calm down and shelve all plans for strike action in order not to set the country’s fragile democracy ablaze.
The party chieftian in a statement issued Tuesday said while Tinubu could be ranked among the rich class, he was well heeled to wage this Herculean War, which amounts to class suicide for the collective interest of the nation.
He added: “Labour needs to calm down so as not to set our fragile democracy ablaze, stressing that
“President Tinubu, being one of this 1% deep pockets; going by paradox of history, stands in a good stead to bail us out of the stranglehold of these unelected individuals wielding enormous influence and posing serious threat to the integrity of our democracy.”
He said all Tinubu needs to do is to unbundle the country’s economy from the hands of rent-takers, which the Constitution frowns at.
Okechukwu noted: “There is a national consensus after we lost the Structural Adjustment Programme (SAP) battle of 1986, by all and sundry and all the presidential candidates on the imperative to remove fuel subsidy and reinforce uniform foreign exchange rate.
“To me, the strike may not achieve the desired result of addressing gross inequality in the land, since there is no better alternative to the short-term palliatives on the table, urgently fixing the country’s four refineries and as well as implementation of Buhari regime’s Green Imperative Project, aimed at mechanisation of agriculture nationwide.”
Okechukwu stressed that since regrettably succumbed to the nebulous SAP economic policy, the only viable option left is to collectively and pragmatically join Mr President to recover lost grounds and for him to commit class suicide.