With each passing day, the planned nationwide protest dubbed #EndBadGovernanceInNigeria draws near.
Indeed, this protest has left the President Bola Tinubu-led government on a hot seat.
Despite the government’s efforts to discourage young Nigerians from the #EndBadGovernanceInNigeria protest, the economic hardship rocking the country has left many with no choice but to back this protest.
Many Nigerians have accused the government of intimidation as a way of preventing the #EndBadGovernanceInNigeria protest.
However, Nigerians seem to have gotten their minds made up.
To many, this protest will hold and there is nothing that can stop it.
A quick analysis of this call for the #EndBadGovernanceInNigeria protest echoes the possibility of the protest.
There are great chances that the protest will hold, here are some reasons why the #EndBadGovernanceInNigeria protest will likely happen.
Interest Rate
One of the things that will push Nigerians to the streets is the current interest rate.
You see, the new Monetary Policy Rate (MPR) benchmarks interest rates to 26.75 per cent from 26.25 per cent.
According to the Manufacturers Association of Nigeria (MAN), this new rate will further constrain the growth of the manufacturing sector.
Consequently, this will lead to inflation.
The association also warned that the new interest rate will further worsen the purchasing power of Nigerians.
Minimum Wage
The minimum wage is another reason the #EndBadGovernanceInNigeria protest will likely hold.
To many, the 70,000 naira announced by President Tinubu as the new minimum wage is certainly not enough, especially given the current economic situation.
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As a matter of fact, Nigerians, in their demands to the government insist on a minimum wage of at least 250,000 naira for workers.
Even the proposed 70,000 naira will take time before it is implemented, giving many more reasons to join the protest.
Hunger
Another thing that will push many people to protest is hunger.
It is often said that a hungry man is an angry man.
Now that many Nigerians find it very difficult to feed, we can say that the turn out for this protest will be massive.
Another is of great concern is the government’s habit of keeping quiet and not taking action even when Nigerians cry out in public.
Many Nigerians have oftentimes express anger over the government’s silence as they continue to suffer.
There are numerous reasons why the #EndBadGovernanceInNigeria protest may likely hold, we have only listed few.
