Senator Adolphus Wabara, the former president of the Senate and chairman of the PDP’s Board of Trustees (BoT), has responded to President Bola Tinubu’s assertions that the Nigerian economy is being revived.
In a statement, Wabara called Tinubu’s claim an insult to the millions of Nigerians who are suffering greatly.
He maintained that Nigerians would be the first to vouch for the administration’s accomplishments if Tinubu had actually strengthened the economy.
“President Tinubu’s allegations are not supported by the actual situation on the ground. Nigerians would be the first to testify if he had actually helped the economy, Wabara stated.
He cited evidence that contradicted the President’s statements, including rising prices, widespread hunger, and growing poverty.
It’s odd that the president is discussing economic recovery while the economy is obviously failing under his leadership. The indexes disagree.
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“An economic revival lecture is unnecessary for hungry and impoverished Nigerians. “Market prices will be the first indication of improvement,” he continued.
Instead of creating empty rhetoric, Wabara asked the President to use the final two years of his term to concentrate on substantive economic reforms.
He called on Tinubu to reconsider critical economic policies, notably those relating to double taxation, which he said are constraining enterprises and degrading living conditions.
The chairman of the PDP BoT also emphasized the urgent need to address the nation’s security situation, pointing out that attacks by criminal herders and bandits had forced farmers from rural towns, causing food shortages.
He charged that the All Progressives Congress (APC), which is in power, was mishandling a once-booming economy. Nigeria’s economy was one of the top two in Africa during the PDP’s rule. “Those gains have been undone by the APC,” he said.
Wabara expressed hope that once the PDP takes back power in 2027, Nigeria’s economy would recover despite the present difficulties.
