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ADC faults Tinubu’s economic policies, demands resignation or policy change

From The Punch · () English

Translated from English, summarized and contextualized by DistantNews.

At a glance

News Named sources Context piece
  • The African Democratic Congress (ADC) criticized President Bola Tinubu's economic policies, stating they have worsened poverty and hunger in Nigeria.
  • The party cited figures showing 139 million Nigerians live below the poverty line and millions face acute hunger, arguing these gains have not improved living conditions.
  • The ADC called for Tinubu to resign or abandon his policies, emphasizing that economic growth is meaningless without improved citizen welfare and advocating for policies that boost food production and dignified livelihoods.

The African Democratic Congress (ADC) has sharply criticized President Bola Tinubu's economic policies, demanding he either abandon them or resign from office. The opposition party argues that escalating poverty and hunger under his administration are sufficient grounds for such drastic action.

The evidence of 139m people living in poverty and 17m at the risk of starvation is President Tinubu’s scorecard.

— African Democratic CongressThe party stated this in reaction to poverty and food security figures released by international development agencies.

The ADC pointed to recent figures from international development agencies, indicating that 139 million Nigerians now live below the national poverty line and millions more face acute hunger. The party contends these statistics are President Tinubu's "scorecard" and a direct consequence of failed economic reforms, despite government claims of macroeconomic progress.

"The evidence of 139m people living in poverty and 17m at the risk of starvation is President Tinubu’s scorecard," the ADC stated. "On account of this catastrophic failure alone, President Tinubu should be contemplating resigning from office rather than seeking re-election."

On account of this catastrophic failure alone, President Tinubu should be contemplating resigning from office rather than seeking re-election.

— African Democratic CongressThe party's statement regarding the impact of Tinubu's economic policies.

The party further accused the government of celebrating economic indicators like revenue growth and increased foreign exchange reserves, which they argue have not translated into better living conditions for ordinary Nigerians. "The ADC has repeatedly warned that the economic growth, increased revenue, and rising foreign reserves that the Tinubu-led APC government continues to celebrate are meaningless if they do not translate into better lives for the people or protect their livelihoods," said National Publicity Secretary Bolaji Abdullahi.

The ADC has repeatedly warned that the economic growth, increased revenue, and rising foreign reserves that the Tinubu-led APC government continues to celebrate are meaningless if they do not translate into better lives for the people or protect their livelihoods.

— Bolaji AbdullahiThe National Publicity Secretary of the ADC commented on the disconnect between economic indicators and citizen welfare.

The ADC dismissed the government's social intervention programs as inadequate, asserting that palliatives cannot solve poverty and food insecurity. They advocate for an economy that enables food production, decent incomes, and dignity, promising to prioritize security in farming communities and rehabilitate dams under an ADC-led government.

Poverty cannot be defeated through palliatives. It can only be defeated by building an economy that enables Nigerians to produce more food, earn decent incomes and live with dignity.

— African Democratic CongressThe party outlined its alternative approach to tackling poverty and food insecurity.
DistantNews Editorial

Originally published by The Punch in English. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.