Nigeria’s president calls for end to protests against economic hardship

August 6, 2023

2 minutes read

Nigeria's president calls for end to protests against economic hardship
Nigeria's President Bola Tinubu delivers his speech after taking oath of office during his inauguration at the Eagle Square in Abuja, Nigeria on May 29, 2023. Nigeria's new president Bola Tinubu, sworn in on May 29, 2023, has promised to unite Africa's most populous nation and tackle insecurity as "top priority". The 71-year-old succeeds 80-year-old former army general Muhammadu Buhari of the same party, who stepped down after two terms in office, leaving a country facing a sea of economic troubles and security challenges. (Photo by KOLA SULAIMON / AFP)

Nigeria’s President Bola Tinubu has called for a halt to protests against the rising cost of living, offering an opportunity for dialogue. This marks his first public response since citizens began taking to the streets in frustration last week.

Amnesty International reported that at least 13 people were killed during clashes with security forces on the first day of protests, which started on Thursday. However, the police disputed these figures, stating that seven people had died by Saturday. Four of those deaths occurred in northeast Borno state from an explosive device during a march, two were hit by a car, and one was shot by a security guard while protesters looted a shop.

In a televised address, Tinubu called for an end to the violence that has affected several states since the protests began. He emphasized his willingness to engage in dialogue with the people.

“My dear Nigerians, especially our youth, I have heard you loud and clear. I understand the pain and frustration that drive these protests, and I want to assure you that our government is committed to listening and addressing the concerns of our citizens,” Tinubu stated.

Nigerians, particularly the youth, have been organizing protests online against economic hardships and poor governance. They are demanding lower petrol prices, reduced electricity tariffs, and addressing various other concerns.

Since taking office in May 2023, Tinubu has implemented economic reforms, including cutting petrol and electricity subsidies and devaluing the naira. He defended these measures, arguing that they are crucial to fixing years of economic mismanagement. Tinubu highlighted that government revenues more than doubled to 9.1 trillion naira ($5.65 billion) in the first half of the year. He also pointed out that debt servicing now consumes 68% of revenue, compared to 97% before he took office.

The president further mentioned the government’s increased investment in infrastructure, a new loan scheme for university students, and the construction of thousands of housing units across Nigeria’s 36 states.

“But we must not let violence and destruction tear our nation apart,” Tinubu urged, calling for peace amidst the ongoing unrest.

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