• Home
  • Top Stories
  • News
    • Photo News
  • Politics
  • Business
  • Crime & Security
  • Sports
  • Intimacy
  • About Us
    • Contact Us
    • Privacy Policy
    • Advert Rate
  • More
    • Opinion
    • Lifestyle & Entertainment
    • Foreign News
    • Health
Facebook Twitter Instagram
Friday, October 2
Facebook Twitter Instagram
Prompt News
  • Home
  • Top Stories
      Featured

      Tinubu’s Independence Day Speech: Five major takeaways

      News October 1, 2026
      Recent

      Tinubu’s Independence Day Speech: Five major takeaways

      October 1, 2026

      “From Reform to Prosperity”: Full Text of Tinubu’s 66th Independence Day speech

      October 1, 2026

      Indian hospital features Ex-Head of State Abdulsalami in knee surgery advert

      September 30, 2026
    1. News
      1. Photo News
      Featured

      Canada to announce new immigration targets for 2027–2029

      News October 1, 2026
      Recent

      Canada to announce new immigration targets for 2027–2029

      October 1, 2026

      SJN Trains Osun Journalists on Accurate Reportage of SRHR, SGBV

      October 1, 2026

      MURIC says Dangote’s Kenya Refinery Groundbreaking is Nigeria’s 66th Birthday Cake

      October 1, 2026
    2. Politics
        Featured

        At 66, Nigeria on the path to a stronger, more prosperous nation – Yilwatda

        Politics October 1, 2026
        Recent

        At 66, Nigeria on the path to a stronger, more prosperous nation – Yilwatda

        October 1, 2026

        Five arrested for wearing ‘Tinubu Must Go’ shirts

        September 30, 2026

        2027: Kwara PDP asks INEC to probe alleged foreign voter influx

        September 30, 2026
      1. Business
          Featured

          NANS Backs Insurance Sector’s Transformation Agenda, hails NAICOM

          Business October 1, 2026
          Recent

          NANS Backs Insurance Sector’s Transformation Agenda, hails NAICOM

          October 1, 2026

          Nigeria @66: Booming Banks, Struggling Nation, Where Is the Promised Prosperity?

          October 1, 2026

          National Hospital Abuja Hails Renaissance for Transforming Cancer Care

          September 30, 2026
        1. Crime & Security
            Featured

            Gunmen abduct passengers in fresh attack on Onitsha-Owerri road

            Crime & Security October 1, 2026
            Recent

            Gunmen abduct passengers in fresh attack on Onitsha-Owerri road

            October 1, 2026

            Bandits kill resident, abduct nine in Independence Day attack

            October 1, 2026

            Tinubu rules out return to fuel subsidy, warns against reversal of reforms

            October 1, 2026
          1. Sports
              Featured

              Team Nigeria steps up preparations for Youth Olympic Games

              Sports October 1, 2026
              Recent

              Team Nigeria steps up preparations for Youth Olympic Games

              October 1, 2026

              2028 Olympics Qualifier: Comoros unveil squad for Super Falcons clash 

              October 1, 2026

              2027 AFCON Qualifiers: Nigeria Struggles As Guinea-Bissau, Morocco, Rwanda lead Groups

              September 30, 2026
            1. Intimacy
            2. About Us
              • Contact Us
              • Privacy Policy
              • Advert Rate
            3. More
              • Opinion
              • Lifestyle & Entertainment
              • Foreign News
              • Health
            Prompt News
            Home » Nigeria, hard times and cacophonous tunes, by abiodun KOMOLAFE
            Opinion

            Nigeria, hard times and cacophonous tunes, by abiodun KOMOLAFE

            techBy techDecember 6, 2021No Comments6 Mins Read
            Facebook Twitter LinkedIn Telegram Pinterest Tumblr Reddit WhatsApp Email

            Warning: Attempt to read property "post_excerpt" on null in /home/promptne/public_html/wp-content/themes/smart-mag/partials/single/featured.php on line 62

            Warning: Trying to access array offset on value of type bool in /home/promptne/public_html/wp-content/themes/smart-mag/partials/single/featured.php on line 68
            Share
            Facebook Twitter LinkedIn Pinterest Email

            Fellow Nigerians, if reports emanating from the grapevine are anything to go by, then, interesting times beckon in 2022. Barring any unforeseen circumstances, the Nigerian government is expected to fully remove the “unsustainable and economically disingenuous” fuel and electricity subsidies next year. In simple terms, the dreaded full deregulation of the oil and power sectors will most likely take effect next year, to pave the way for “market-based”, “cost-reflective” pricing mechanisms. However, government is said to be ‘forgivingly’ planning a “well-targeted” N5,000-a-month social intervention scheme to cushion the biting effects of poverty on about 40 million vulnerable Nigerians.

            So far, so excruciating! But, from the look of things, it’s like Nigerians ain’t seen nothing yet, given the prevailing socio-economic conditions in the country. Why do I say so? Well, despite the troubling status of Nigeria’s economy, with many Nigerians becoming dangerously poor – the poor remaining poor; or, getting poorer – it is important to note that a certain bloc in the Nigerian power elite still holds the notion that Nigeria’s economy has not only recovered from recession but also improving quite remarkably. Like children born into homes with certain privileges, King Herod and Pontius Pilate became friends and the country is in turmoil. In the view of this privileged clique, statistical indices are all we need to proclaim a healthy economy. Hence, some of them are always quick to heap the blame of the food scarcity currently ravaging Africa’s largest economy on the doorstep of insecurity while the soaring prices of goods and services are blamed on the activities of smugglers.

            In a recent edition of ‘ Axios’, an American news website, Felix Salmon and Hans Nichols berated the Joe Biden administration’s use of positive economic indicators to demonstrate signs of strength in the American economy. Echoing the concerns of the broad population of ‘God’s own country’, “who are yet to be convinced”, Salmon and Nichols urged President Biden not “to worry about the economy” but “about what Americans think of the economy.” After all, “consumers don’t live by data points.” Compendiously, people’s experiential knowledge of the reality and dynamics of the economy is what really counts.

            Sociological imagination mimics reality and gives interpretive understanding of the norms and values of a given society or civilization. In the Southwest, for example, there is a general belief, which is cosmic to the people. It is the belief in a better tomorrow. In the same vein, the society believes in communal togetherness; thus, has developed copious coping mechanisms that help to stabilize the society. Coincidentally, governments, over the years, have capitalized on this belief; and, have encouraged a laisser-faire attitude on the part of the government towards responsive, good, and accountable governance. To most public servants, the people will not revolt unless instigated by disgruntled elements in the society. This means, people should just be muddling through without demanding accountability.

            When Fela Anikulapo sang that Nigerians were ‘suffering and smiling’, the late Afrobeat king sang like a man who saw tomorrow! Tragically, the society in which he lived had woven a stigma of ‘unseriousness’ around him. Even, among the intelligentsia, Fela was seen as one unrepentant, recalcitrant, noisome pestilence who was only out to rebel against the government for whatever reasons. So, most people did not understand or, take him seriously! But, years after the man was gone, Nigerians are beginning to understand the philosophical worth of his songs. Unfortunately, Fela’s songs are relevant today as they were as at the time he sang them, which is also a shame! In saner climes, ‘Abami Eda’ would have been celebrated for possessing the power of picturing into the future. But, ours is a different country, where prophets of his ilk are not honoured!

            Looking at the issues dispassionately, it will not be out of place to conclude that the mismanagement and, consequently, the misfortune of the national economy has, by default, impacted negatively on the federating states. The unbridled national corruption over the years is now crying aloud for reckoning. Evidently, things, indeed, are no longer at ease!

            In this part of the country, refilling a 12.5kg cylinder of cooking gas now attracts N9,000. Barely a year ago, it was N3,200. Around this time last year, a 25kg keg of palm oil went for less than N8,000. Now, a 5kg keg of the same product goes for N5,500. A measure of gari, which used to cost N100 in our very recent past, has now gone up to as much as N400. Ditto for a bag of rice, which has jumped from N7,300 in 2015 to N29,000! Even, a bag of sachet water, aka ‘pure water’, which sold for N100 in 2020, now costs N200. Rumours even had it that the current retail price per litre of premium motor spirit will no longer stand at N162.00; it’s eyeing between N380.00 to N408.00. Amidst these, monthly wages are not increasing. Many states are not paying even the old rates. So, how will an average man cope?

            Yes, governments, on paper, always appear as having good intentions; but intentions are not reality. Take for instance: despite the avalanche of churned policies, it is difficult to decipher the way the national government is headed towards solving the myriads of problems currently confronting our country. Terrorism in the Northeast! Banditry and abductions in other parts of the country! National economic downturn! Investment drought! Criminally scandalous exchange rates; and, so much falsehoods being spread, even by government itself, amid emerging reality. Truth be told, the government appears overwhelmed!

            Sad that our democracy has been so reshaped that votes no longer count. Instead, guns and allied violence do the counting; even the collation of results. Announcing the winners is a different ballgame entirely. Interestingly, the configuration of the Nigerian society, as of today, is different from those ones they lied to, decades ago. The sad reality is that the ends are no longer meeting! The symbolic retrogression is that even those who are now saddled with the power of legitimately providing direction have been fenced out of reality. What’s more? The nature of corruption in Nigeria is one that impoverishes the mass of the people. Of course, when the falcons can no longer hear the falconers, the gravity of the resultant katakata can only be imagined. Is it any wonder we hear all kinds of problems daily? In any case, wasn’t that one of the factors that gave birth to the #EndSARS campaign?

            All said, there is a culture of making the government become accountable to the people. It is different from protests. Making the government accountable will curb corruption, improve governance and enhance mass political participation. When the citizens are interested in how they are being governed, the space for corruption and allied criminalities become narrowed. But, if a budget is passed, allocations are distributed, and contracts are messed up, what is left to contend with will be mere noisemaking which can only be likened to advice after injury.

            May the Lamb of God, who takes away the sin of the world, grant us peace in Nigeria!

            *Komolafe wrote in from Ijebu-Jesa, Osun State (ijebujesa@yahoo.co.uk; 07087941459)

            Cooking gas EndSARS Inflation Nigerian economy
            Share. Facebook Twitter Pinterest LinkedIn Tumblr Telegram Email
            Previous ArticleValue Added Tax on Imported Cooking Gas: An Anti-Masses Policy, By Anthony Agbo
            Next Article Open Defecation: Lawmakers, private sector brainstorm over Bill
            tech

              Related Posts

              Nigeria @66: Booming Banks, Struggling Nation, Where Is the Promised Prosperity?

              October 1, 2026

              “From Reform to Prosperity”: Full Text of Tinubu’s 66th Independence Day speech

              October 1, 2026

              66th Independence: From Division to Unification- I am Miniature Map of Nigeria

              September 29, 2026
              Add A Comment

              Comments are closed.

              Recent Posts
              • Gunmen abduct passengers in fresh attack on Onitsha-Owerri road
              • Bandits kill resident, abduct nine in Independence Day attack
              • Canada to announce new immigration targets for 2027–2029
              • Team Nigeria steps up preparations for Youth Olympic Games
              • US Rapper Rick Ross Arrested In Miami

              CONTACT INFORMATION

              Prompt News Online is published by PNO Dynamic Media Limited.

              Address: Suite 24, Abebi Plaza, Oluseyi, Sango – Eleyele Road, Ibadan, Oyo State, Nigeria.

              Managing Editor/CEO: Akeem Oyetunji

              Email: promptnewsonline@gmail.com or editor@promptnewsonline.com

              Phone/WhatsApp: +234806 286 2057
              Or 0805 386 6284

              ABUJA OFFICE: 
              Address: Suite D76, EFAB Mall
              Off Gimbya Street, Area 11, Garki, Abuja
              ABUJA BUREAU EDITOR: Harry Awurumibe
              Phone: 0803 302 4300
              Email: harryawurumibe360@gmail.com
              UK OFFICE:
              Address: 34 Skipper Court,
              Abbey Road, IG 11 7GW.
              Barking, London, UK.
              EDITOR EUROPE: Bolaji Oyegunle
              Phone +447878196776
              Email: gb10oyegunle@gmail.com
              © 2026 Prompt News Online. Designed by DeedsTech.
              • About Us
              • Contact Us
              • Advert Rate
              • Privacy Policy

              Type above and press Enter to search. Press Esc to cancel.