Group says Tinubu’s Economic Advisory Committee filled by anti-people capitalists
The Resource Centre for Human Rights and Civic Education (CHRICED) has faulted the formation of the newly established Tripartite Economic Advisory Committee by President Bola Ahmed Tinubu, saying it was “disappointed by the committee’s composition.”
It said the committee was predominantly made up of politicians and capitalist businessmen and is unlikely to alleviate the suffering of millions of Nigerians.
CHRICED observed that there is a lack of sincerity in the motives behind the committee’s establishment.
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“In our honest assessment, the committee is currently comprised of individuals with vested political and capitalist interests, who have consistently benefited from Nigeria’s unfair and anti-people economic policies. How can those who are unfamiliar with hunger possibly address the issue of hunger in our country? These individuals have profited from government inflated contracts, tax exemptions, foreign exchange allocations, loans, subsidies, as well as deceitful practices, making them incapable of resolving our economic challenges. Many of them were responsible for the failed privatization efforts that have led us nowhere. They have taken advantage of government assets at giveaway prices and advocated for job cuts, downsizing, and the reduction of government services. It is worth noting that the companies owned by some of the committee members employ mostly casual workers who are denied the right to unionize. We assert that those who have played a significant role in causing our economic hardships cannot offer meaningful solutions to the problems they have contributed to creating. This is akin to entrusting the fish to the care of the cat!”
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“It is concerning that there are no representatives of the marginalized groups such as women, youth, persons with disabilities, organized labor, civil society organization, farmers collective, and academia on the committee. It therefore raises questions about the true intentions of the committee and whether it truly represents the interests of the downtrodden. “
The Centre urged the president to either disband the committee or restructure it immediately to ensure that the voices of the suffering masses are heard, and their needs are addressed.
Its executive director, Ibrahim M. Zikirullahi, on Tuesday signed the press statement in which these opinions were expressed.
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