Open Letter to Tinubu: Let the Poor Breathe On Subsidy
By Abubakar Kantoma
Dear President Bola Ahmed Tinubu,
I write to you today with deep concern for the deteriorating state of our beloved nation, Nigeria. The spiraling crisis affecting every aspect of our society, from security to hunger and economic paralysis, calls for urgent and decisive action.
As an aspiring leader, you have the power to make a difference, to let the poor breathe and to bring back genuine subsidy for petrol. It is crucial that we learn from the examples set by developed countries, who are subsidizing various sectors of their economies to avert disasters that have already begun to manifest in our own nation.
It is undeniable that poor administration and the lack of realistic economic solutions have exacerbated our challenges. The closure of all borders with Niger Republic, under the premise of an ECOWAS sanction on the military junta, has resulted in dire consequences.
Northern Nigerian businessmen, who conducted business worth 13 billion naira weekly, find themselves stranded with over 2,000 containers of goods in Niger Republic. This closure has not only crippled economic activities but has also contributed to the surge in insecurity, abject poverty, and hunger.
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The absence of a genuine subsidy regime for petrol has taken a toll on the common Nigerian citizen. The prices of essential commodities and transportation have skyrocketed, leading to unbearable living conditions for the poor. Reintroducing a sustainable subsidy system will help alleviate the burden of escalating costs, thus offering reprieve to the most vulnerable members of our society.
Developed countries understand the importance of subsidizing various sectors to safeguard their economies and protect their citizens. They grasp the vital link between poverty alleviation and economic stability.
Subsidies are considered a vital tool to ensure access to essential services, maintain social cohesion, and mitigate the potential consequences of rampant inflation.
President Tinubu, your leadership and influence hold the key to transforming our nation. It is imperative that we put the interests of the poor at the forefront. By bringing back a genuine subsidy regime for petrol, you will not only provide relief to millions of Nigerians struggling to make ends meet but also demonstrate your commitment to rebuilding the fabrics of our great
I implore you to take immediate action and address the pressing issues threatening our country’s stability. Develop a comprehensive economic policy that includes a revived subsidy regime, opening up trade routes, and actualizing integration.
Collaborate with relevant stakeholders to develop solutions that empower the poor, create opportunities for growth, and foster a conducive environment for businesses to thrive.
President Bola Ahmed Tinubu, the challenges we face demand courageous and visionary leadership. The time to act is now. Let us not allow our great nation to descend into anarchy.
Embrace the global trend of genuine subsidy regimes, ensuring that the poor are not forgotten, but rather given the chance to breathe and thrive. Together, we can rebuild our beloved Nigeria.
Yours sincerely,
Abubakar Muhammad kantoma
[email protected]
