The President of Lagos Chamber of Commerce and Industry (LCCI), Asiwaju Michael Olawale-Cole burst into tears while addressing the media on the state of Nigeria’s economy in Lagos, on Tuesday.

Olawale-Cole expressed concern over the high and rising inflation rate, which stood at 15.70% as of February up from 15.60% recorded in January 2022.

Looking forward to the second quarter, he said the headline inflation is expected to remain elevated as the combination of supply chain disruption due to the Russia-Ukraine war, food supply shocks, forex policies, higher energy costs, forex illiquidity, heightened insecurity in major food processing states will continue to mount pressure on domestic consumer prices.

He stated that a broad-based harmonisation of fiscal and monetary policies toward addressing the identified structural constraints will significantly help moderate inflationary pressure in the short term.

The LCCI boss also expressed worry over issues bothering on debt sustainability, foreign exchange market, monetary policy development, foreign trade, capital importation, the Russia-Ukraine war, oil theft, power sector, among others.

He said the situation has reached a worrisome dimension, particularly with the recent on the Abuja-Kaduna train which claimed some lives.

https://dailytrust.com/drama-as-lcci-president-breaks-down-in-tears-over-state-of-nigeria

but he voted Buhari nah

Tinubu presidency (God forbids) will be far worse than what Nigerians are currently going through today

During Buhari campaign , I warned Nigerians against voting for Buhari because he is a failure but I was called names by Tinubu useless and cursed urchins ... But look where Nigerians found themselves today .. poverty, joblessness, hunger, insecurities and bloodbathe is now the order of the day ..

I want to warn Nigerians against voting for Tinubu... Because Tinubu will be far worse than buhari ..
If you love your life, don't ever thing of voting Tinubu in 2023..

PrinceOfLagos:
Tinubu presidency (God forbids) will be far worse than what Nigerians are currently going through today

Keep sniffing Tinubu's fart up and down.
FYI Tinubu is abundantly qualified to lead Nigeria. His antecedence in Lagos speaks for him.

Let the overfed senate led by lawan not impeach buhari.

Is04970:

Keep sniffing Tinubu's fart up and down.
FYI Tinubu is abundantly qualified to lead Nigeria. His antecedence in Lagos speaks for him.

This was how you people abused me during buhari campaign in 2015 and 2019 but look how bad Nigeria has become under this useless and blood thirsty government

Una man package Tinubu to Nigerians yet again so that the sufferings will continue but God will shame you lots and Tinubu

This is someone who still had a soul in him. Others are dead alive

Original fake Crocodile tears.

I hope he's not one of the political aspirants? Because when they start crying like that you know that they want to fool the public.
That was how Bubu cried that time...but where are we today in Nigeria under his supervision?
An office you ran for 4 times!