Renowned political economist, Professor Pat Utomi, has attributed the hardships faced by Nigerians to the failures of the political class. Speaking on Channels Television’s Politics Today, Utomi emphasized that the current economic struggles are a direct result of poor leadership and decision-making by the country’s politicians.
Read Also: FG Begins Sale of 50KG Rice to Nigerians at N40,000 (See How to Buy Yours)
Utomi criticized the political elite for repeatedly making poor choices, particularly pointing to the National Assembly, which he described as emblematic of the nation’s leadership problems. He urged the political class to publicly acknowledge their role in Nigeria’s woes.
On the issue of fuel subsidies, Utomi advocated for the reintroduction of a targeted subsidy regime. He argued that essential sectors, like fuel for public use, should be subsidized, drawing parallels to agricultural subsidies in the United States.
Petrol Scarcity Will Be Over Soon But We Have No Control Over Prices – FG
Utomi further stated that the failure of leadership in Nigeria should lead to public accountability similar to what is seen in other parts of the world, such as Southeast Asia.
