By Habeeb Ibrahim
On Nigeria’s 64th Independence Day, thousands of citizens across the country staged nationwide protests, decrying the worsening economic conditions and calling for urgent reforms.
Demonstrators, from Lagos to Abuja, took to the streets, demanding a reversal of recent electricity tariff hikes, reduced fuel prices, and better governance to alleviate the ongoing economic crisis.
In Lagos, peaceful protesters gathered in Ojota, holding placards with messages such as “End Bad Governance” and “Lower Fuel Prices Now.” Their grievances revolved around the skyrocketing cost of living, inflation, and poor management of the economy, which they claim has worsened poverty levels across the nation.
Comrade Olaleke Paul, one of the protest leaders in Lagos, emphasized the need to exercise their fundamental rights. “I came out to exercise my freedom—freedom of speech, movement, association, and fundamental human rights,” he told the crowd. Paul sharply criticized President Bola Tinubu’s economic policies, particularly the decision to float the naira, which has led to a sharp devaluation of the currency.
“As of May 29, 2023, the exchange rate was N461 to a dollar. Now, it’s N1,680,” Paul pointed out, adding that inflation and rising interest rates have only added to Nigerians’ hardship.
Ajibade Oluwasheun, a protester in Lagos, highlighted the overwhelming financial burden faced by many.
“My electricity bill has gone from 10,000 naira to 25,000 naira, and house rents have doubled. Food and transportation costs are overwhelming. Nigerians are suffering, and we’re here today to be the voice of those who can’t speak out,” he said.
Another protester, Joshua Olatiwo, criticized the government for neglecting national refineries in favor of private ones, which has driven up fuel prices. “The government prioritizes private refineries over our four national ones, making life unaffordable for ordinary citizens,” Joshua remarked, pledging to continue protesting until their demands are heard.
Protesters called for immediate action, including: reversing electricity tariff hikes, reducing fuel price, removing taxes on imported vehicles, promoting local vehicle production, implementing better governance to tackle economic hardship and poverty.
As of now, the government has yet to respond to the protests. However, the growing discontent suggests that the pressure for reforms is mounting, with Nigerians resolute in their call for immediate economic relief.
