NewStats: 3,261,109 , 8,173,052 topics. Date: Wednesday, 28 May 2025 at 08:53 AM g446u

Fuji maestro, Wasiu Ayinde Marshal, popularly known by his stage name, K1 De Ultimate, has told President Bola Tinubu that Nigerians are suffering and angry with his government due to the current poor state of the economy.

K1 said this in a video recording that surfaced on Thursday during one of his recent stage performances.

Before K1, his daughter, Dami Ayinde, lent her voice on Wednesday to the current economic situation, which she said wasn’t what the All Progressives Congress promised.

On her Instagram stories, the young lawyer said the APC was not delivering on what it promised Nigerians because the people are suffering.

Meanwhile, the Fuji legend, who is known to be a staunch er of the President, delivered his message in Yoruba Language while begging the President to find solutions to the multitude of challenges confronting the masses.

The country’s economic hardship has skyrocketed after former President Muhammadu Buhari left office, ushering in the new istration on May 29, 2023.

On the inauguration day, Tinubu declared that his istration would no longer subsidise fuel, hence calling for the end of the financing because it was beneficial to neighbouring countries.

His decision made the price of the Motor Spirit rise from N185 to over N600.

Also, as part of his government’s reforms in the financial sector, the naira has embarked on a continuous free fall against the dollar after the Central Bank of Nigeria floated the currency to move towards market-determined interest rates.

This action has led to the instability of the naira to the dollar in the market, making it sell for between N1,200 and N1,500.

Meanwhile, both decisions — naira floating and subsidy removal — which are largely the factors determining the growth of the economy are being held spellbound and have sent more Nigerians below the poverty level.

Speaking truth to power, K1 said Nigerians are crying, and he pleaded with the President to find a quick fix to the problems before the opposition ride on that to criticise his istration.

“I plead with you to find a solution to the plight of the masses. The citizens are crying and wailing. We’re suffering amid a lack of adequate power supply. How did things get to this point? I implore you to fix these problems,” K1 sang in the video.

“Listen to the complaints of the masses and treat such complaints with all seriousness.

"We know you to be a philanthropist, but we Nigerians are angry. The people of Nigeria are angry.

“The traders in this country are not happy. Look at what the dollar has become (a reference to the exchange rate),” K1 added.

He also wondered why kidnapping incidents have been on the increase recently and called on the President to deal with the issue promptly.

K1 also appealed to Nigerians to persevere and exercise more patience with Tinubu, assuring them that this government will resolve all the challenges facing the country.

He, however, asked those who are profiting from the suffering of the masses to bury their heads in shame.

K1 has in the past sung the President’s praises in some of his records and was on his campaign trail in the build-up to the 2023 presidential election.

https://punchng.com/nigerians-are-suffering-address-economic-pains-musician-k1-tells-tinubu/?amp

Well Seunmsg and others disagree with you and the post. Nigerians are enjoying because Tinubu the master planner is in charge. Anyone saying otherwise is lying and hater of Nigeria and Yorubas.

Ebin pawa o . our lokan.

You cannot give what you don't have.

Tinubu is totally clueless.

It is a shame that Nigerians are missing Buhari’s istration

Those who face challenge are those who discovered strength.

Nigeria on autopilot
This is where tribalism and religious bias has taken us.
Thank God say las las na everybody go collect

Well we hope "they" don't call him ipob


wo,"iya ati baba,won bi mi da,emi gan gan ....."

No be you dey sing campaign songs for am up and down ?..
I know say e never touch K1 sha, e go soon touch everybody.
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Vlibray:
.

Marvieduke:
J

ovie8200:
g

malali:
.

biyitaiwo:
Hi

I dey hail ooo
😁

[b]Tinubu and APC, wake up and act now
These currency saboteurs are the same people surrounding you.
You are already slowly losing the court of public opinion.
This is how Zimbabwe, Argentina started.

Addressing Naira devaluation against the dollar requires a multifaceted approach involving monetary policy, fiscal policy, structural reforms, and measures to enhance productivity and competitiveness. Here are some practical and detailed solutions:

1. **Monetary Policy Measures**:
- **Maintain Price Stability**: The Central Bank of Nigeria (CBN) should prioritize price stability by implementing effective monetary policy tools such as interest rate adjustments and open market operations to control inflation.
- **Foreign Exchange Management**: CBN should adopt a flexible exchange rate regime that allows the Naira to find its equilibrium value based on market forces while intervening in the foreign exchange market to smoothen volatility and prevent speculative attacks.
- **Foreign Reserves Management**: CBN should actively manage foreign reserves to ensure an adequate level of reserves to defend the currency and provide confidence to investors.

2. **Fiscal Policy Measures**:
- **Fiscal Discipline**: The government should pursue fiscal discipline by reducing budget deficits and controlling government spending to prevent excessive money supply growth, which can lead to currency devaluation.
- **Diversification of Revenue**: Nigeria should diversify its revenue sources away from oil dependency by broadening the tax base, improving tax compliance, and increasing non-oil revenue through sectors such as agriculture, manufacturing, and services.
- **Public Debt Management**: The government should manage public debt prudently to avoid excessive borrowing in foreign currencies, which can exacerbate currency depreciation risks.

3. **Structural Reforms**:
- **Enhance Export Competitiveness**: Implement policies and initiatives to promote exports diversification and enhance competitiveness in non-oil sectors. This may include providing export incentives, improving trade facilitation, and investing in infrastructure and technology.
- **Import Substitution**: Encourage domestic production of goods that can be substituted for imports, thereby reducing reliance on foreign goods and conserving foreign exchange reserves.
- **Improving Business Environment**: Streamline regulations, reduce bureaucratic bottlenecks, and improve ease of doing business to attract foreign investment and stimulate economic growth.

4. **Productivity and Competitiveness Enhancement**:
- **Investment in Infrastructure**: Upgrade infrastructure such as transportation, energy, and telecommunications to reduce production costs, improve efficiency, and attract investment.
- **Skills Development**: Invest in education and vocational training to enhance the skills of the workforce, increase productivity, and economic diversification.
- **Technology Adoption**: Encourage technology adoption and innovation across industries to improve productivity, reduce costs, and enhance competitiveness on the global stage.

5. **Promoting Confidence and Stability**:
- **Communication and Transparency**: CBN and government officials should communicate monetary and fiscal policies transparently to provide clarity and reduce uncertainty in the market.
- **Political Stability**: Ensure political stability and good governance to build investor confidence and attract foreign investment inflows, which can currency stability.

6. **Regional and International Cooperation**:
- **Bilateral Agreements**: Strengthen bilateral trade agreements with key trading partners to facilitate trade and investment flows, reduce trade barriers, and promote economic cooperation.
- **Regional Integration**: Participate actively in regional economic blocs such as ECOWAS and leverage regional cooperation to enhance trade, investment, and economic integration.

Implementing these solutions will require strong political will, coordination among government agencies, collaboration with the private sector, and engagement with international partners. Additionally, these measures should be implemented gradually and carefully to minimize potential disruptions to the economy while achieving sustainable currency stability and economic growth.
Ramp up production.
Food security, we import too much wheat, we should be able to feed ourselves with only locally grown materials, and export excess.

Tax the rich .

Assemble and sell cars in Nigeria @ reduced prices.

Explore other commodities e.g precious metals exploration.

Sell the port harcourt refinery to Nigerians, float it as a public listed stock, can only be purchased with earned income (not a wealth stash) so that the common man can have a piece of the PIE, the government owns the controlling stock till the citizens eventually buy up the stakes.

Set up a sovereign wealth fund, and let them start slowly monetizing and assisting businesses with "export" potentials. Any business that has export potential should be given national assistance in its early stages. This overseers will serve as blackrock or vanguard. E.g If there is a thriving rice mill in kebbi, a team of experts are sent to inspect and liaise with the biggest rice mills in the world to see how to scale production, and the trade ministers liaises with other African countries that import rice to offer them good deals.

Trade minister set up a commodities board, Lease lands to Chinese farmers, if local farmers dont have the zeal or interest for commercial farming.

The truth is the Government cannot initiate and maintain all capital projects and infrastructures. Your appointed ministers are bereft of ideas.

Ministry of Finance, Budget, and National Planning:
Issuing government bonds and securities to finance infrastructure projects.
Establishing a sovereign wealth fund to invest in capital markets.

Ministry of Trade, Industry, and Investment:
Promoting investment in Nigerian companies through stock market listings.
Facilitating initial public offerings (IPOs) for state-owned enterprises.

Ministry of Petroleum Resources:
Privatizing state-owned oil assets through stock offerings.
Encouraging oil and gas companies to list on the Nigerian Stock Exchange (NSE).

Ministry of Mines and Steel Development:
Promoting investment in mining companies through stock market listings.
Creating a mining investment fund to attract capital from institutional investors.

Ministry of Agriculture and Rural Development:
Facilitating agribusiness financing through capital markets instruments such as agricultural bonds.
ing agricultural cooperatives to access capital through stock offerings.

Ministry of Transportation:
Financing transportation infrastructure projects through bond issuances.
Partnering with private investors to fund railway and road construction projects.

Ministry of Power:
Securitizing future revenue streams from power generation and distribution to raise capital.
Attracting investment in renewable energy projects through green bonds.

Ministry of Works and Housing:
Funding housing development projects through mortgage-backed securities.
Collaborating with real estate developers to issue real estate investment trusts (REITs).

Ministry of Environment:
Issuing environmental impact bonds to finance conservation projects.
Partnering with investors to fund renewable energy and clean technology initiatives.

Ministry of Science and Technology:
ing technology startups through venture capital financing.
Encouraging tech companies to list on the stock exchange for expansion capital.

Ministry of Communication and Digital Economy:
Promoting investment in telecommunications infrastructure through bond offerings.
Facilitating IPOs for tech companies operating in Nigeria's digital economy.

Ministry of Foreign Affairs:
Marketing Nigeria as an investment destination to international investors.
Attracting foreign direct investment through roadshows and investor conferences.

Ministry of Health:
Securitizing future healthcare revenues to fund hospital infrastructure projects.
Partnering with pharmaceutical companies for healthcare bond issuances.

Ministry of Education:
Issuing education bonds to finance school infrastructure upgrades and expansion.
Encouraging private sector investment in education through public-private partnerships.

Ministry of Justice:
Creating litigation finance vehicles to fund legal settlements and judgments.
Offering legal services bonds to finance public defense programs.

Ministry of Defence:
Partnering with private investors to fund defense technology research and development.
Issuing defense bonds to finance military infrastructure upgrades.

Ministry of Interior:
Financing prison infrastructure projects through bond offerings.
Issuing security bonds to fund law enforcement initiatives.

Ministry of Labour and Employment:
Facilitating job creation bonds to finance youth employment programs.
Partnering with private investors to fund skills development initiatives.

Ministry of Women Affairs:
Issuing gender bonds to finance women empowerment programs.
Promoting investment in women-led businesses through venture capital funds.

Ministry of Youth and Sports Development:
Funding sports infrastructure projects through bond issuances.
Attracting investment in sports facilities through public-private partnerships.

Ministry of Information and Culture:
Issuing cultural bonds to finance heritage preservation projects.
Promoting investment in creative industries through entertainment bonds.

Ministry of Federal Capital Territory:
Financing urban development projects in Abuja through municipal bonds.
Partnering with private investors to fund infrastructure upgrades in the FCT.

Ministry of Niger Delta Affairs:
Issuing delta development bonds to finance infrastructure projects in the region.
Attracting investment in oil and gas projects through equity offerings.

Ministry of Humanitarian Affairs, Disaster Management, and Social Development:
Securitizing future social welfare payments to fund poverty alleviation programs.
Partnering with impact investors to finance community development initiatives.

Ministry of Water Resources:
Financing water infrastructure projects through bond issuances.
Issuing water conservation bonds to fund environmental restoration efforts.

Ministry of Aviation:
Partnering with private investors to fund airport expansion projects through bond offerings.
Issuing aviation bonds to finance fleet modernization and safety upgrades.

Ministry of Industry, Trade and Investment:
Promoting investment in industrial zones through bond issuances.
Attracting capital for manufacturing projects through equity offerings.

Ministry of Federal Capital Territory:
Financing infrastructure projects in Abuja through municipal bonds.
Issuing bonds to fund urban development and housing initiatives.

Ministry of Labour and Employment:
Facilitating job creation bonds to fund employment programs.
Attracting investment in skills development through vocational training bonds.

Ministry of Science and Technology:
Issuing technology bonds to finance research and development.
Partnering with investors to fund innovation hubs and tech startups.
Ministry of Police Affairs:

Financing law enforcement infrastructure projects through bond issuances.
Issuing security bonds to fund crime prevention and community policing initiatives.

Ministry of Federal Capital Territory:
Partnering with private investors to fund urban development projects through bond offerings.
Issuing municipal bonds to finance infrastructure upgrades in Abuja.

Ministry of Labour and Employment:
Facilitating job creation bonds to fund employment programs.
Attracting investment in skills development through vocational training bonds.

Ministry of Youth and Sports Development:
Financing sports infrastructure projects through bond issuances.
Issuing sports development bonds to fund youth empowerment programs.

Ministry of Information and Culture:
Promoting investment in cultural tourism through bond offerings.
Issuing heritage preservation bonds to finance cultural heritage projects.

Ministry of Niger Delta Affairs:
Partnering with investors to fund infrastructure projects through bond issuances.
Issuing delta development bonds to finance economic development initiatives.

Ministry of Humanitarian Affairs, Disaster Management, and Social Development:
Securitizing future social welfare payments to fund poverty alleviation programs.
Partnering with impact investors to finance community development initiatives.

Ministry of Water Resources:
Financing water infrastructure projects through bond issuances.
Issuing water conservation bonds to fund environmental restoration efforts.

Ministry of Aviation:
Partnering with private investors to[/b]

You people should leave the man alone. Nigeria has been a very bad country under terrorist bubu and it will not get better soon.

Amotolongbo:
It is a shame that Nigerians are missing Buhari’s istration

Na only you deh miss am

Kuginzi:


https://punchng.com/nigerians-are-suffering-address-economic-pains-musician-k1-tells-tinubu/?amp

K1 keep quiet.tinubu is doing fine.i mean we are here laughing at agbadorians becos na dem poor .

Amotolongbo:
It is a shame that Nigerians are missing Buhari’s istration

Don't understand how reasonable people expect an old cargo like Jagaban to perform in today's modern world

E ba wa ji she fun baba iya je wa gan ki a ma Paro...... The economy is really suffering us...

If your conscience go blame for lying, please ignore this...


Click like if na Obi win 2023 election

Click Share if think Tinubu fairly win.

Ok
Shebi Baba talk E FO KAN BALE

Una never chi chunchin

Tinubu built Lagos......he is building Nigeria 🇳🇬 new

Ebin pa wa o.... Emi lo kan rapid dogs 🐕 howling

Like someone rightly put out there, it's quite unfortunate we are just starting to miss Buhari.

Are they not part of the rigging squad. He get slot self ..mchew

Yes, Suffering and Smiling!

Tinubu is on the run as we speak

Kuginzi:


https://punchng.com/nigerians-are-suffering-address-economic-pains-musician-k1-tells-tinubu/?amp

this guy (K1) must be an IPOB and he has a "boss" he is promoting. casualobserver, what do you think?

It is very funny to think APC has anything to offer

Omo wa ni...let him do it....yeye

Tinubu stubbornness should not cause problem

Removing subsidy

Floating Naira







.