By Dayo Adu

An educationist, Professor Abiodun Gbolagade says revitalisation of national economic assets is the best solution to the current hardship been faced by citizens of this country.

Professor Gbolagade called on President Bola Tinubu and his economic team to resuscitate the four ailing national refineries and also strengthen the purchasing power of naira to enable lower denominations of the currency regain their value in the market.

Speaking with a Radio Nigeria correspondent in Ibadan, on the occasion of Nigeria’s 63rd Independence anniversary, Professor Gbolagade who is the Provost, Adekunle Ajasin University, Ibadan Campus, explained that, raising workers’ salary would further increase the inflation rate in the country, thereby making the cost of living unbearable for the masses.

He stressed the need for trade unions to dialogue with the Federal Government, on ways to stabilise the system saying that, beyond salary increment, the Nigeria Labour Congress, NLC, and other trade unions need to speak with the Federal Government on how to make the economy better.

“I believe there is need for the NLC, Trad Union Congress, TUC, to dialogue, with the Federal Government. They should sit together, and understand the present government under President Bola Tinubu, and look at the prevailing situation in the country. How do we help this country, in terms of the the challenges ahead and the current challenges? It is through dialogue that they can solve the problems collectively”, Prof. Gbolagade said.

We know what we are currently passing through, especially in the aspect of subsidy removal. We are appealing to Mr. President to act fast and rejig the economy”.

Professor Gbolagade appealed to the president and his cabinet members to bring their wealth of experience to bear on the mandate of galvanising Nigerian economy for speedy realisation of the renewed hope agenda.

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