The Catholic bishop of Awka Diocese, His Lordship Most Rev. Paulinus Ezeokafor, has expressed worry over the rising inflation and insecurity in the country, even as he showed serious concern for the poor masses.
Bishop Ezeokafor stated this in a release by his Chief Press Secretary Sir Abuchi Onwumelu said the inflation was exacerbated by the 16 months closure of the nation’s land borders which checked the importation of food and essential items without sufficient local substitute.
The Local Ordinary said there was a need to check the free fall of naira against the dollar because it was making the country less competitive in the global community.
‘It is good that land borders have been opened but the 16 months caused us a lot of pain because we did not have those things we tried to stop coming here, that made people to take advantage of others.
‘The rate of inflation made many people poor, the government has addressed the issued and ensure that people are able to buy what they want with the little money they have,’ he said.
The influential and Charismatic prelate called for diversification of the economy as the crude oil dominated mono-economy was becoming obsolete in the emerging technology-driven global economy.
He said the insecurity that had driven people away from the farms should be taken care of as the situation could lead to food crisis.
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