{"id":126702,"date":"2024-08-03T12:06:42","date_gmt":"2024-08-03T11:06:42","guid":{"rendered":"https:\/\/www.africa-press.net\/nigeria\/uncategorized\/ogbu-urges-immediate-action-from-tinubu-in-response-to-widespread-hunger-protests"},"modified":"2024-08-03T13:16:05","modified_gmt":"2024-08-03T12:16:05","slug":"ogbu-urges-immediate-action-from-tinubu-in-response-to-widespread-hunger-protests","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/nigeria\/policy\/ogbu-urges-immediate-action-from-tinubu-in-response-to-widespread-hunger-protests","title":{"rendered":"Ogbu urges immediate action from Tinubu in response to widespread hunger protests"},"content":{"rendered":"

Africa-Press – Nigeria. <\/strong><\/span>Professor of Economics at the University of Nigeria, Nsukka, Osita Ogbu said President Bola Ahmed Tinubu as addressing Nigerians should call governors to a crisis meeting, reexamine fuel subsidy removal, floating of Naira.<\/p>\n

The don disclosed this on Saturday in an interview with Channels Television monitored.<\/p>\n

He explained that the government\u2019s simultaneously removing fuel subsidies and floating of the Naira in June last year major contributor to the hardship ravaging Nigeria.<\/p>\n

According to to him, the ongoing protests, tagged #Endbadgovernance showed how Nigerians are dissatisfied with the policies of the government.<\/p>\n

As a solution, he said, outside of palliatives, the government must create innovation and production hubs across states to halt the hardship.<\/p>\n

\u201cPeople have been saying the president should address the people, I think the president should call the state governors to a crisis meeting. Because there is an urgent need to industrialize the nation.<\/p>\n

\u201cThe states must become hubs of innovation. A certain sum of money should be put outside to incentivize ideas they put on the table. I have always believed that the National Economic Council can be used better.<\/p>\n

Ogbu called for a probe of the Nigerian National Petroleum Company Limited, the major provider of the country\u2019s foreign exchange earnings, to solve the Naira crisis at the FX market.<\/p>\n

He added that there should be efficient fuel management and FX interventions by the government.<\/p>\n

\u201cThe reason why petrol prices have not come down is because, as the country was removing fuel subsidies, it was also deregulating the foreign exchange market.<\/p>\n

\u201cWe need to reexamine the activities of NNPCL. What I expect is that in the first six of any government, one or two refineries should be working. And it shouldn\u2019t take a year. If this had taken NNPCL more than a year, the question should be asked.\u201d<\/p>\n

Speaking on Nigeria\u2019s foreign exchange crisis, Ogbu said, \u201cYou watch your inflows and outflows and create a certain basket around it. You don\u2019t just through it and say demand and supply. Remember, this is a country where the major supply of foreign exchange is one source.\u201d<\/p>\n

This comes as the hunger protests entered day three on Saturday.<\/p>\n

Thursday and Friday\u2019s protests recorded the loss of lives and protesters in Kano, Niger, Kaduna, Yobe, and other states.<\/p>\n

For More News And Analysis About Nigeria Follow Africa-Press<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – Nigeria. Professor of Economics at the University of Nigeria, Nsukka, Osita Ogbu said President Bola Ahmed Tinubu as addressing Nigerians should call governors to a crisis meeting, reexamine fuel subsidy removal, floating of Naira. The don disclosed this on Saturday in an interview with Channels Television monitored. He explained that the government\u2019s simultaneously […]<\/p>\n","protected":false},"author":84,"featured_media":126701,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[24,29,28,14,2660],"tags":[14272,254,1347,945],"class_list":["post-126702","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-head-lines","category-homepage-english","category-policy","category-to-homepage","tag-hunger-protests","tag-nigeria","tag-ogbu","tag-tinubu"],"yoast_head":"\nOgbu urges immediate action from Tinubu in response to widespread hunger protests - Nigeria<\/title>\n<meta name=\"description\" content=\"Professor of Economics at the University of Nigeria, Nsukka, Osita Ogbu said President Bola Ahmed Tinubu as addressing N ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/nigeria\/policy\/ogbu-urges-immediate-action-from-tinubu-in-response-to-widespread-hunger-protests\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Ogbu urges immediate action from Tinubu in response to widespread hunger protests\" \/>\n<meta property=\"og:description\" content=\"Professor of Economics at the University of Nigeria, Nsukka, Osita Ogbu said President Bola Ahmed Tinubu as addressing N ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/nigeria\/policy\/ogbu-urges-immediate-action-from-tinubu-in-response-to-widespread-hunger-protests\" \/>\n<meta property=\"og:site_name\" content=\"Nigeria\" \/>\n<meta property=\"article:published_time\" content=\"2024-08-03T11:06:42+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-08-03T12:16:05+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/nigeria\/sites\/3\/2024\/08\/sm_1722674478.99871.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1728\" \/>\n\t<meta property=\"og:image:height\" content=\"1152\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/policy\/ogbu-urges-immediate-action-from-tinubu-in-response-to-widespread-hunger-protests#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/policy\/ogbu-urges-immediate-action-from-tinubu-in-response-to-widespread-hunger-protests\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Ogbu urges immediate action from Tinubu in response to widespread hunger protests\",\"datePublished\":\"2024-08-03T11:06:42+00:00\",\"dateModified\":\"2024-08-03T12:16:05+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/policy\/ogbu-urges-immediate-action-from-tinubu-in-response-to-widespread-hunger-protests\"},\"wordCount\":407,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/policy\/ogbu-urges-immediate-action-from-tinubu-in-response-to-widespread-hunger-protests#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/nigeria\/sites\/3\/2024\/08\/sm_1722674478.99871.jpg\",\"keywords\":[\"hunger protests\",\"Nigeria\",\"Ogbu\",\"Tinubu\"],\"articleSection\":[\"all news\",\"head lines\",\"homepage-english\",\"Policy\",\"to-homepage\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/nigeria\/policy\/ogbu-urges-immediate-action-from-tinubu-in-response-to-widespread-hunger-protests#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/policy\/ogbu-urges-immediate-action-from-tinubu-in-response-to-widespread-hunger-protests\",\"url\":\"https:\/\/www.africa-press.net\/nigeria\/policy\/ogbu-urges-immediate-action-from-tinubu-in-response-to-widespread-hunger-protests\",\"name\":\"Ogbu urges immediate action from Tinubu in response to widespread hunger protests - 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