According to him, it is Nigerians, especially the middle class, that are paying too much of a price for Tinubu’s so-called reforms.
Senator Neda Imaseun, representing Edo South in the National Assembly has lamented over policies introduced by President Bola Tinubu.
He stated that the policies are faulty and not working.
He frowned at the Tinubu administration’s decisions to remove the petrol subsidy and unify forex windows.
Imasuen, of the Labour Party (LP), and Chairman of the Senate Committee on Ethics, Privileges, and Public Petitions, was a guest on Sunday’s edition of Inside Sources on Channels Television.
According to him, it is Nigerians, especially the middle class, that are paying too much of a price for Tinubu’s so-called reforms.
According to the lawmaker, the legislature can only support the executive and hope that their plan takes us to the destination.
The lawmaker, however, believes the situation at hand is not one for trading blame, but rather a time when people should sit down and seek solutions to the suffering of the masses.
“The steps that are being taken, I’m afraid that the suffering that Nigerians are going through right now is too much of a price to pay for it,” he said.
“Now, this is a country that we don’t produce; we import, and we are devaluing our naira. I don’t see how that is going to help us. Everything is tied to the dollar, and the dollar keeps going up.
“Let’s develop our industries. These SMEs work a lot if we can strengthen small and medium enterprises and give the middle class breathing space to do what they have to do.
“On this question of subsidy, there is no country that does not subsidise, especially in the area of agriculture.
“Today, many cannot buy a bag of rice; it’s about N100,000.”