In the Council Chamber of Aso Rock Village in Abuja, President Bola Tinubu is currently holding meeting with all 36 state governors under the aegis of the Nigeria Governors’ Forum.
The President entered the chamber at 11:34 a.m., and the meeting got underway. After he inaugurated the National Economic Council on June 15, 2023, Tinubu is meeting with state CEOs for the second time on Thursday.
It comes in the wake of the recent spike in food costs, as well as the widespread economic hardship and pockets of insecurity.
A few days prior, governors chosen on the Peoples Democratic Party platform likened the economic circumstances in Nigeria to those of Venezuela, a nation in South America experiencing hyperinflation, rising rates of hunger, illness, criminality, and high death tolls.
However, the Presidency criticized the governors’ performance, highlighting their noncompliance with N30,000 minimum wage, pensions, and salary obligations.
The exorbitant cost of living had sparked protests across the nation, with people in Niger, Kano, Kogi, Ondo, and other states calling for solutions to the financial crisis.
In addition to complaining about the state of affairs, organized labor had threatened to go on strike by February 23 if the Federal Government did not provide the promised palliatives and other aid to lessen the financial hardships faced by workers.