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Northern Youth Council Critiques Tinubu's Economic Policies

Northern Youth Council Critiques Tinubu's Economic Policies

The Northern Youth Council of Nigeria (NYCN) has criticized President Bola Tinubu's economic management, particularly the federal government's approval of a N70,000 monthly transport allowance for public service workers, which will begin in November 2026 and last for six months. The council's National President, Isah Abubakar, stated that while supporting workers is important, the allowance does not address the economic challenges faced by millions of Nigerians outside the formal public sector, including farmers, traders, and unemployed youths.

Abubakar described the allowance as a temporary measure that benefits a limited segment of the population and called for a universal social safety approach. Additionally, the council expressed concern over President Tinubu's request for the National Assembly to approve $20.52 billion and €1.045 billion in external loans, warning that continued borrowing without clear development outcomes could burden future generations.

The council also criticized the removal of the petrol subsidy in May 2023, which they believe has exacerbated financial difficulties for ordinary Nigerians.

Plus234Feed summary based on reporting from Leadership Newspaper. Read the original report below.

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