Govt policies making life rosy for the rich only- Falana

Human rights lawyer and Senior Advocate of Nigeria, Femi Falana, has said the economic policies of President Bola Tinubu have made life better only for the rich, while worsening the plight of the masses.
Speaking on Channels TV’s Politics Today on Monday, said that although some top officials within the All Progressives Congress (APC) celebrated Tinubu’s two years in office, many Nigerians struggle to survive under excruciating economic conditions worsened by Tinubu’s policies.
“For members of the government—and I’m talking of top officials—it’s been very rosy. One of them was singing a week ago that things are getting better. Of course, for the rich, the bourgeoisie, things are getting better. But for the masses of our people, things are getting tougher because they are going through an excruciating economic crisis,” Falana stated.
Falana lamented that Nigerians are hungry, citing that Tinubu had repeatedly appealed to Nigerians for patience and promised that his economic reforms would eventually lead to national prosperity.
“In fairness to the President, on many occasions, he has asked Nigerians to bear with him, to exercise patience, that our economic programme will lead to prosperity. Whether you believe that or not is another matter, but the government itself realises that there is a crisis in town, that people are hungry, that many are about to withdraw their children from school because of the rigid implementation of neoliberal policies dictated or endorsed by the IMF and World Bank,” Falana added.
He further criticised the government’s decision to devalue the naira, noting its devastating impact on the cost of living.
“My position, which I have made repeatedly clear, is that the government must abandon the prescriptions of the Bretton Woods institutions and have confidence in Nigeria so that Nigerians can be given the opportunity to run this country in the interest of our people. If you devalue the currency of a country that is import-oriented, you are going to have an astronomical rise in the price of goods—and that is what has happened to our country. You devalue the currency, and you lose interest,” he said.