“There is an economic downturn all over the world, and not in Nigeria alone. But we pray Allah will see us through,” Mrs Tinubu-Ojo said.
A few days after her husband, Oyetunde Ojo, was appointed the managing director and chief executive officer of the Federal Housing Authority (FHA), Folashade Tinubu-Ojo, daughter of President Bola Tinubu, has begged Nigerians to be patient over the economic hardship in the country.
Mrs Tinubu-Ojo made this call while speaking with journalists at the Lagos State chapter of Aljamahatul Qadiriyyah Islamic Movement’ 2024 Mawlid Nabiyy on Monday.
“My message to all Nigerians is to please exercise a little more patience. Everything will be alright; it’s just a matter of time.
“We need to keep our hope alive. There is an economic downturn all over the world, and not in Nigeria alone. But we pray Allah will see us through,” Mrs Tinubu-Ojo said.
Mrs Tinubu-Ojo’s statement follows her younger brother, Seyi Tinubu’s plea for citizens to endure the economic hardship and support his father.
Her plea comes as Nigerians protest over spiking food prices across the country. On Monday, placards-carrying protesters at Mokola Roundabout, Ibadan, demonstrated on the street with inscriptions like ‘End food price hike’ and ‘This is not Hope Renewed. This is shege renewed,” chanting, “Tinubu is thief! Tinubu is thief!“
Similar protests had rocked Niger, Kano, Osun and Lagos (Mr Tinubu’s home state), as citizens protest over hunger and other hardships.
In the past nine months, prices of staple foods have spiked almost 100 per cent as inflation ravages the Nigerian economy.
A market survey conducted at Mararaba Market, Nasarawa, by Peoples Gazette on February 7 showed that prices of most food items have increased by almost 100 per cent compared to what was obtainable last May.
Inflation accelerated after Mr Tinubu’s sudden announcement of the removal of the petrol subsidy in his inaugural speech on May 29, 2023, followed later by the CBN’s policy of floating the naira.
Though lauded by experts, the duo policies of Mr Tinubu have seen petrol prices rise from N145 per litre to N630, while the dollar plunges against the naira in the parallel market, trading at about N1,700 to $1.
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