TINUBUnomics 101: Managing Inflation with Inflationary Policies
ike muo
Under TINUBUNOMICS 101, you have a situation in which electricity tariff per month is N175000, with N100000 for fuel( for just one car), cooking gas at N30,000( two cylinders), fees at federal government colleges at N100,000 but minimum wage is 30,000, which many governors have refused to pay. And then we have taxes upon taxes upon taxes in an environment where businesses are struggling and there is a migration of many into the poverty band. Referring to the sayings of our elders with which I prefaced this intervention, I ask again: how can somebody preparing eye ointment include pepper as one of the ingredients? How do we quench an inferno with fuel? As a townsman and friend will always say… I come in Peace! Those drawing the list of members of ABV( Anti BAT Vanguard) and emergency tribalists, should please count me out. And the government is proposing a toll fee of 3000 (per gate?) on the contentious Calabar-Lagos coastal highway, which was awarded without competitive bidding and to a company which has incestuous relationship with Oga at the very top. Anyway, the people will ultimately bear the brunt When will the poor breath? Read, enjoy and share