The Arewa Al-Huda Charitable Foundation has expressed concern over the rising rate of inflation in the country, urging the federal government to urgently address the issue holistically.
The foundation expressed deep concern over the impact of inflation on the citizens and emphasized the need for immediate action to mitigate its effects.
The foundation has observed that in recent times, Nigeria has been grappling with high inflation rates, which have significantly affected the cost of living for its citizens. “The rising prices of essential goods and services have put a strain on households and businesses, leading to economic hardship for many”.
The Arewa Al-Huda Charitable Foundation, in its press statement issued by it’s National Chairman, Amb. Abdullahi Isah, highlighted the detrimental effects of the inflation on vulnerable populations, particularly those already facing economic challenges. The foundation underscored the urgency of addressing inflation to alleviate the burden on the people and ensure economic stability.
The foundation’s press statement serves as a call to action for the Nigerian government to prioritize measures that will effectively tackle inflation. It emphasizes the importance of implementing policies that can stabilize prices, support economic growth, and safeguard the welfare of the population.
Furthermore, the Arewa Al-Huda Charitable Foundation urged collaboration between the government, relevant agencies, and stakeholders to develop comprehensive strategies aimed at curbing inflation and fostering sustainable economic development.
The Arewa Al-Huda Charitable Foundation’s press statement underscores the critical need for immediate attention to address inflation in Nigeria. By raising awareness and advocating for proactive measures, the foundation aims to contribute to the collective efforts towards achieving economic stability and improving the well-being of the Nigerian populace
Amb. Abdullahi Isah
National Chairman
Arewa Al-huda Charitable Foundation
