Tinubu's Economy Assertions Under Fire by Wabara
Former Senate President Wabara Criticizes Tinubu's Economic Revival Claims
In response to President Bola Tinubu's assertions about reviving the Nigerian economy, Senator Adolphus Wabara, former Senate President and Chairman of the Board of Trustees (BoT) of the Peoples Democratic Party (PDP), has voiced his disagreement.
Through a statement, Wabara discredited Tinubu's claims as an insult to the millions of Nigerians suffering from severe hardship. He argued that if Tinubu had indeed improved the economy, Nigerians would significantly attest to the administration's accomplishments.
"The reality on the ground contradicts President Tinubu's claims. If he had indeed improved the economy, Nigerians would be the first to testify," Wabara stated.
He pointed to soaring inflation, widespread hunger, and deepening poverty as evidence contradicting Tinubu's remarks. Wabara pointed out that, remarkably, Tinubu was talking about economic revival while the economy was visibly deteriorating under his watch.
"Poor and hungry Nigerians do not need a lecture on economic revival. The first indication of improvement will be reflected in market prices," he added.
Wabara urged the President to focus the remaining years of his tenure on real economic reforms instead of making rhetorical statements. He urged Tinubu to revise key economic policies, particularly multiple taxation policies that, according to him, were stifling businesses and worsening living conditions.
The PDP BoT Chairman also emphasized the urgent need to address the country's security crisis, pointing out that insecurity has significantly contributed to food shortages by displacing farmers from agrarian communities due to attacks by bandits and criminal herders.
He reproached the ruling All Progressives Congress (APC) for mismanaging a once-thriving economy. "When the PDP was in power, Nigeria's economy was among the top two in Africa. The APC has reversed those gains," he said.
Despite the current challenges, Wabara expressed optimism that Nigeria's economy would rebound once the PDP returns to power in 2027.
Source: News Briefings (various)
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- Peoples Redemption Party, New Nigeria People’s Party accuse Tinubu-led government of pursuing policies that worsen the living conditions of ordinary Nigerians[1]
- Labor unions criticize Tinubu's economic reforms, highlighting issues such as inflation, poverty, and insecurity[4]
- Senator Adolphus Wabara, PDP's BoT Chairman, contends that President Tinubu's economic revival claims are in stark contrast to the reality of masses experiencing severe hardship in Nigeria.
- In his statement, Wabara asserts that Tinubu's claims of improved economy would be corroborated by Nigerians themselves, as people are currently grappling with soaring inflation, widespread hunger, and deepening poverty.
- Wabara argues that the deteriorating economy is evident, as Tinubu speaks of economic revival, while the nation's economic situation worsens under his administration.
- The PDP leader urges President Tinubu to prioritize real economic reforms during the remainder of his tenure, addressing key policies like multiple taxation that stifle businesses and negatively impact living conditions.
- Wabara also emphasizes the urgency to address Nigeria's security crisis, highlighting insecurity's contribution to food shortages caused by displacement of farmers due to bandit and criminal herder attacks.
