1. Increase in petrol price: Tinubu increased price of petrol by 300% after announcing the withdrawal of subsidy.
2. Inflation: Prices of goods keeps increasing. CBN keeps raising interest rates to combat inflation but they keep failing to tackle it.
3. Hunger: The level of hunger being experienced has broken a record. The promise of palliatives didn’t address the situation.
4. Reduction of purchasing power: The high inflation has affected the purchasing power of people.
5. Insecurity: Terrorists are kidnapping hundreds of people in a single operation without being challenged by security agencies.
6. Increase in transportation: The high cost of petrol automatically affected the cost of transportation.
7. Devaluation of naira: Government devaluation of naira has brought in many disadvantages for a country that relies heavily on imports.
8. Poverty and reduction in wealth: Many people have been thrown into poverty in just one year. The wealth of others have been reduced because of devaluation of naira.
9. High cost of import duty: Importers are paying more to clear their goods compared to previous government.
10. Shutdown of companies: Many companies have shutdown because of the difficulty in operating a profitable business
By concerned Nigerian
