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Adamawa people groans as economic hardship bites harder

By Umar Yusuf

YOLA —  People of Adamawa State are celebrating bleak Christmas and New Year festivities as the economic hardship bites harder

Everywhere, it is lack of funds thereby forcing the price of goods and services to a standstill.

The usual bubbling of buying and selling normally associated with Christmas and  New Year festivities  are completely absent in the state.

The usual rush for buying and selling at this period are virtually non existence at major markets in the state, even as dealers of food stuffs, soup ingredients and wearing apparels are complaining of low patronage.

Mallam Mohammed Saidu, a major foods stuff dealer in Jimeta Modern Market told Vanguard  that this is the first time in the history of the state that such dull marketing is being experienced.

Dan Auwalu, a dealer in yams at the same market was also full of lamentation even as the downward trend of the state economy continues unabated.

The poor state of economy of Adamawa State is compounded by the un-ending fuel scarcity.

Endless queues are visible in the few filling stations with fuel, while roadside hawkers are making brisk business, even as a gallon of PMS now goes for between 800 and 900 naira depending on availability.

The economic hardship facing Adamawa State is further compounded by lack of funds to service ministries, parastatals and departments and agencies in the state.

Dependable source disclosed to Vanguard that for the past four months, running costs for such organisations had not been forthcoming from the government.

The resultant effect is that the ministries and departments have been operating on borrowed funds for their services, even as most of  them are virtually offering skeletal services due to lack of fund.


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Comments expressed here do not reflect the opinions of vanguard newspapers or any employee thereof.