Friday, May 30, 2025 - Former Senate President and Chairman of the Board of Trustees of the Peoples Democratic Party (PDP), Senator Adolphus Wabara, has described President Bola Ahmed Tinubu’s claim of reviving Nigeria’s economy as an insult to millions of Nigerians currently enduring hardship.
Wabara argued that if the President’s assertion were true,
Nigerians would be testifying to the administration’s performance without
needing persuasion.
He stated that the realities on the ground, including
soaring inflation, widespread hunger, and deepening poverty, contradict the
President’s claims.
“The reality on the ground does not support President
Tinubu’s claims. If he had truly improved the economy, Nigerians would be the
first to testify,” Wabara said.
According to him, “It’s ironic that Mr. President is
talking about economic revival when the economy is clearly deteriorating under
his watch. The indices say otherwise. Poor and hungry Nigerians do not need a
lecture on economic revival. The first sign of improvement will be reflected in
market prices.”
Wabara urged the President to use the remainder of his
tenure to implement genuine economic reforms instead of making rhetorical
statements. He advised a review of key economic policies, particularly those
related to multiple taxation, which he said are stifling businesses and
worsening the living conditions of citizens.
He also emphasised the urgent need to address the country’s
worsening security situation, noting that insecurity has disrupted farming
activities and contributed to food shortages. He attributed the displacement of
farmers in many agrarian communities to attacks by bandits and criminal
herders.
Wabara accused the ruling All Progressives Congress (APC) of
mismanaging a once-thriving economy. He stated that during the PDP
administration, Nigeria’s economy ranked among the top two in Africa, but that
the APC has reversed those gains.
0 Comments