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    DRC: armed forces find secret weapons stash in Ituri province

    DRC: armed forces find secret weapons stash in Ituri province

    Guinea’s draft constitution made public, limiting leaders to two terms

    Guinea’s junta dissolves 40 political parties with late-night decree

    South African minister and MPs cleared of corruption

    South Africa central bank to redraft risk scenarios as US-Israel war on Iran boosts oil price

    Ghana peacekeeping battalion hit by missile attacks in Lebanon, Ghana army says

    Ghana peacekeeping battalion hit by missile attacks in Lebanon, Ghana army says

    Flash floods in Nairobi kill 23, disrupt flights at major airport

    Flash floods in Nairobi kill 23, disrupt flights at major airport

    South Africa pushes for local production of HIV prevention drug lenacapavir

    South Africa pushes for local production of HIV prevention drug lenacapavir

    Ghana offers levy cut as sweetener for higher gold royalty regime, lobby says

    China, US pressure Ghana to halt gold royalty hike, document, sources say

    Somalia launches Centennial Vision 2060 roadmap for ‘peace, prospertity and progress’

    Somali parliament approves constitution change to extend president’s term, delay election

    Central African Republic seeks Russian support on energy

    Central African Republic seeks Russian support on energy

  • Analysis
    • All
    • Climate Change
    • Digital & Tech
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    Rohingya Genocide: Why The Gambia Demands Justice at the International Court

    Rohingya Genocide: Why The Gambia Demands Justice at the International Court

    Security expert explains why the US can destroy terrorist bases in Nigeria but not terrorism

    Security expert explains why the US can destroy terrorist bases in Nigeria but not terrorism

    Africa’s informal economy taxation: the potential and drawbacks of technology

    Africa’s informal economy taxation: the potential and drawbacks of technology

    Ethiopia expects preliminary deal on IMF review within days, finance minister says

    Key events in Ethiopia’s journey towards debt restructuring

    BRICS Plus and the Shifting Global Power Balance: Implications of South Africa’s Role

    BRICS Plus and the Shifting Global Power Balance: Implications of South Africa’s Role

    African Union suspends Niger over coup, prepares sanctions; France denies report it asked Algeria to use airspace for a Niger operation

    Leaders in Africa’s human rights institutions are being elected. Why it matters

    Sahel Alliance leaders meet in Bamako to deepen break with ECOWAS

    The AES and the Reconfiguration of Regional Security Architecture: A Look at the 2025 Bamako Summit

    Somaliland rejects visas issued by Somalia and tightens control over its airpsace

    Why is Somaliland strategically important?

    US airstrikes in northern Nigeria: potential windfalls and dangers

    US airstrikes in northern Nigeria: potential windfalls and dangers

  • Studies
    Benin government says armed forces foil coup attempt

    Coup contagion? A rash of African power grabs suggests copycats are taking note of others’ success

    One in three South Africans have never heard of AI: what this means for policy

    One in three South Africans have never heard of AI: what this means for policy

    Social Media as a Catalyst for the Spread of Dangerous Wealth Ritual Myths

    Social Media as a Catalyst for the Spread of Dangerous Wealth Ritual Myths

    Overcoming Education Barriers for Young Mothers in Sub-Saharan Africa

    Overcoming Education Barriers for Young Mothers in Sub-Saharan Africa

    Youth Empowerment Through Vocational Training in Rural Sub-Saharan Africa

    Youth Empowerment Through Vocational Training in Rural Sub-Saharan Africa

    Manufacturers in Ghana and Nigeria claim that although corruption damages businesses, digital technologies provide a chance to combat it

    Manufacturers in Ghana and Nigeria claim that although corruption damages businesses, digital technologies provide a chance to combat it

    Environmental Threats and Conservation Efforts in Namibia

    Environmental Threats and Conservation Efforts in Namibia

    Your teachers’ level of knowledge affects how well you perform in class: perspectives from 14 French-speaking African nations

    Your teachers’ level of knowledge affects how well you perform in class: perspectives from 14 French-speaking African nations

    Islamic Finance in Nigeria: Between Islamization and Shariah Non-Compliance Polemics

    Islamic Finance in Nigeria: Between Islamization and Shariah Non-Compliance Polemics

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    Alpha Oumar Konare: historian, archaeologist, and former President of Mali

    Alpha Oumar Konare: historian, archaeologist, and former President of Mali

    Felix Konotey-Ahulu (1930-2025): Ghanaian physician and scientist

    Felix Konotey-Ahulu (1930-2025): Ghanaian physician and scientist

    Joaquim Chissano, Former President of Mozambique

    Joaquim Chissano, Former President of Mozambique

    Abubakar Gumi (1924–1992): Nigerian Islamic scholar and Grand Khadi of the Northern Region of Nigeria

    Abubakar Gumi (1924–1992): Nigerian Islamic scholar and Grand Khadi of the Northern Region of Nigeria

    Haile Selassie (1892-1975): Former Emperor of Ethiopia

    Haile Selassie (1892-1975): Former Emperor of Ethiopia

    Bennet Omalu: Nigerian-American physician and forensic pathologist

    Bennet Omalu: Nigerian-American physician and forensic pathologist

    Samori Touré (1830-1900): Military leader and founder of Wassoulou Empire

    Samori Touré (1830-1900): Military leader and founder of Wassoulou Empire

    Mohammed Abdulle Hassan (1856-1920): Somali religious and nationalist leader

    Mohammed Abdulle Hassan (1856-1920): Somali religious and nationalist leader

    Imam Abdullah Haron (1924-1969): South African Muslim cleric and anti-apartheid activist

    Imam Abdullah Haron (1924-1969): South African Muslim cleric and anti-apartheid activist

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    Lopé-Okanda (Gabon)

    Lopé-Okanda (Gabon)

    The Sudd wetland

    The Sudd wetland

    Khami Ruins (Zimbabwe), the capital of the Torwa state

    Khami Ruins (Zimbabwe), the capital of the Torwa state

    Royal Palace, Porto-Novo, Republic of Benin

    Royal Palace, Porto-Novo, Republic of Benin

    W-Arly-Pendjari Complex, the West African wildlife sanctuary

    W-Arly-Pendjari Complex, the West African wildlife sanctuary

    Royal Court of Tiébélé, Burkina Faso

    Royal Court of Tiébélé, Burkina Faso

    Lake Tanganyika, the world’s longest freshwater lake

    Lake Tanganyika, the world’s longest freshwater lake

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Qiraat Africa
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Home News Economy

Tinubu marks one year in office as Nigerians continue to bear brunt of the economy

May 29, 2024
Nigeria’s president offers low-income workers a temporary minimum wage increase
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One year on since Bola Tinubu became Nigeria’s President, many people feel that his promise of “renewed hope” remains largely unfulfilled.

Tinubu assumed office with a big promise of new hope for Nigerians during a time of unprecedented challenges for Africa’s most populous country.

This pledge left some citizens hopeful for improvements and others skeptical about the new government’s potential.

But a significant spike in petrol prices has led to increased costs of goods and services nationwide, further reducing the disposable income for most citizens.

Ajani Lola, a civil servant from Nigeria’s southwest, described the past year as one of untold hardship.

“It placed us all in a state of worry regarding food, money, and other aspects. It’s been a government that brought untold hardship,” Ajani Lola said.

Tinubu’s manifesto prioritized creating jobs, boosting local production of goods, investing in agriculture and public infrastructure, and enhancing national security.

However, barrister Oladipo Kazeem-Adebowale believes that Tinubu’s government has failed to meet these basic needs.

“This government has failed woefully, that’s based on my assessment. People are really suffering in the country now,” he said.

While Tinubu’s first year in office has been marked by active policymaking and reforms aimed at addressing Nigeria’s multifaceted challenges, progress has been uneven.

Read also

DRC: armed forces find secret weapons stash in Ituri province

Guinea’s junta dissolves 40 political parties with late-night decree

South Africa central bank to redraft risk scenarios as US-Israel war on Iran boosts oil price

Economic recovery has been slow, with many Nigerians still struggling with inflation and unemployment.

Security challenges persist in several regions, and some argue that the pace of infrastructure development and anti-corruption efforts needs to be accelerated.

Economic analysts note that while there have been strides in certain areas, significant work remains to fully realize the administration’s goals of improving the lives of all Nigerians.

Source: AP
Tags: Bola TinubuNigeriaRepublic of the Congo

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