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Kaigama decries Nigeria’s slow economic growth

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Mr. Bobboi Kaigama

The immediate past President, Trade Union Congress (TUC), Bobboi Kaigama, has bemoaned the slow economic growth of Nigeria, saying it is taking too long for the ‘giant of Africa’ to assume its rightful position as the most populous country in the continent.

Speaking during the 11th triennial delegates’ conference of the trade centre in Abuja, Kaigama decried the festering security challenges confronting Nigeria, noting: “Hardly a day passes by without news of killings, spate of bombing, assassinations, kidnappings, and suicide bombing. These seem to have overwhelmed our security operatives. Nowhere is safe now, including the home state of the President and the Minister of Defence.”

While linking the rising poverty to insecurity, he said workers are losing jobs at the rate that is perhaps the highest in the history of the country.

He added: “Workers are losing jobs in drove and economy now prostrate. The essence of government is to protect lives and secure properties. Unfortunately it has not been the case in our country. We call on our leaders to do the needful, else it (government) will confirm the claim by some reports ‘Nigeria is one of the most miserable places to be born’. We must jointly prove this account wrong.”
In contrast to the exiting future of the economy painted by the Secretary to the Government of the Federation (SGF), Boss Mustapha, who represented President Muhammadu Buhari at the occasion, Kaigama said Nigeria’s debt profile under the current government of over N24.3 trillion is worrisome.

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