Nigerians in Economic Strain— K1 Urges Action, Challenges Tinubu

Fuji maestro, Wasiu Ayinde Marshal, popularly known by his stage name, K1 De Ultimate, has told President Bola Tinubu that Nigerians are suffering and angry with his government due to the current poor state of the economy.

 

K1 said this in a video recording that surfaced on Thursday during one of his recent stage performances.

 

Before K1, his daughter, Dami Ayinde, lent her voice on Wednesday to the current economic situation, which she said wasn’t what the All Progressives Congress promised.

 

On her Instagram stories, the young lawyer said the APC was not delivering on what it promised Nigerians because the people are suffering.

 

Meanwhile, the Fuji legend, who is known to be a staunch supporter of the President, delivered his message in Yoruba Language while begging the President to find solutions to the multitude of challenges confronting the masses.

 

The country’s economic hardship has skyrocketed after former President Muhammadu Buhari left office, ushering in the new administration on May 29, 2023.

 

On the inauguration day, Tinubu declared that his administration would no longer subsidise fuel, hence calling for the end of the financing because it was beneficial to neighbouring countries.

 

 

His decision made the price of the Premium Motor Spirit rise from N185 to over N600.

 

Also, as part of his government’s reforms in the financial sector, the naira has embarked on a continuous free fall against the dollar after the Central Bank of Nigeria floated the currency to move towards market-determined interest rates.

 

This action has led to the instability of the naira to the dollar in the market, making it sell for between N1,200 and N1,500.

 

Meanwhile, both decisions — naira floating and subsidy removal — which are largely the factors determining the growth of the economy are being held spellbound and have sent more Nigerians below the poverty level.

 

Speaking truth to power, K1 said Nigerians are crying, and he pleaded with the President to find a quick fix to the problems before the opposition ride on that to criticise his administration.

 

“I plead with you to find a solution to the plight of the masses. The citizens are crying and wailing. We’re suffering amid a lack of adequate power supply. How did things get to this point? I implore you to fix these problems,” K1 sang in the video.

 

“Listen to the complaints of the masses and treat such complaints with all seriousness.

 

“We know you to be a philanthropist, but we Nigerians are angry. The people of Nigeria are angry.

 

“The traders in this country are not happy. Look at what the dollar has become (a reference to the exchange rate),” K1 added.

 

He also wondered why kidnapping incidents have been on the increase recently and called on the President to deal with the issue promptly.

 

K1 also appealed to Nigerians to persevere and exercise more patience with Tinubu, assuring them that this government will resolve all the challenges facing the country.

 

He, however, asked those who are profiting from the suffering of the masses to bury their heads in shame.

 

K1 has in the past sung the President’s praises in some of his records and was on his campaign trail in the build-up to the 2023 presidential election. CONTINUE READING……………………………

 

 

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