Power and Politics

Ng’oma thinks NAPSA partial withdrawal scheme, a smart move by President Hichilema

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Political Analyst, Edgar Ng’oma, says the decision by President Hakainde Hichilema to sign into law, the National Pensions Scheme Authority (NAPSA) 20 percent partial withdrawal has dealt a huge blow on opposition political parties in Zambia.

Ng’oma in a statement issued in Lusaka on Saturday said the opposition in the country never expected President Hichilema to pull a fast one on this single move that has brought about a lot of joy to many homes in the country.

He said as though this was not enough, on Wednesday April 3, 2023, the University of Zambia students hosted President Hichilema and gave him a thunderous welcome because he fulfilled his promise to pay meal allowances to them.

“The students through the university senate invited Bally to the campus to thank him for it by organizing a live colorful concert at the great East road campus never seen before in the history of UNZA great East road campus,” Ng’oma said.

He said this can be seen from the comments that are coming from the leaders of opposition who have issued negative sentiments over this 20 percent partial withdrawal.

Read More:Policy expert, Musonda, claims new NAPSA law reckless, a distraction

Ng’oma said it is a fact that there has been very little money in circulation in the nation, and as such, most homes have adjusted backwards by scrapping off one or two meals in a day.

“Some homes only had one main meal in a day, scrapping two meals, breakfast and lunch, and the same with university students.

The lucky ones have only two meals, breakfast and super skipping lunch because they would take breakfast around 12:00 noon, which combines breakfast and lunch to mitigate for a lost lunch,” he said.

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