Dr. Samson Ayokunle, a former president of the Christian Association of Nigeria (CAN), asserts that the Federal Government needs to act quickly to control inflation because it has gotten out of control for Nigerians.
Ayokunle, a past president of the Nigerian Baptist Convention as well, was a guest on Channels Television’s sociopolitical program Inside Sources with Laolu Akande on Friday. The clergyman bemoaned the last year’s volatility in the economy. He thought back to an earlier event of the year when he had purchased cement to construct a chicken house.
“They (the bricklayers) stated I would need a little building, which they call the pen, for my small poultry project. They would purchase cement and lay a floor. Cement cost N5,300 at that time. I yelled when I found out that cement cost N5,300. Just one bag, what? “I paid for the quantity of cements required to make that little pen. Sadly, though, the estimate was off since the cement bags were insufficient to finish it. They told me that all had changed and that a bag of cement was now for N11,000. “What?” I exclaimed. I nearly passed out. What is the difference in weeks?
We are discussing Nigeria, a country with an extremely unstable economy. Goods prices are unpredictable. The cost of medication is what’s even worse,” he remarked.
According to the priest, paying workers a living salary will discourage them from engaging in unethical behavior. “A person should be able to support themselves and their family by living on the minimum wage, which should cover their clothing costs and other essentials like healthcare.
“They ought to have enough money to cover their rent even if they don’t construct dwellings. According to him, it ought to be the one that permits individuals to operate in offices without stealing. Ayokunle bemoaned the fact that politicians persist in their insensitivity, enjoy extravagant lifestyles, and receive various forms of fat allowances, all in spite of the economic suffering that befalls the majority of people.
He added it was terrible that the nation’s leaders lack vision and are just thinking about how much money they can make at the expense of the people. In addition to corruption, incompetent leadership is also a major factor in our demise. A leadership that is unwilling to seize the opportunity and transform this country’s economy from one centered on consumption to one centered on production,” the speaker stated. There is nothing wrong with Nigeria having 700,000 police officers, he continued, because “development is impossible if security issues are not resolved.” No investors will show up.
