Former Senate President and Chairman of the Board of Trustees (BoT) of the Peoples Democratic Party (PDP), Senator Adolphus Wabara, has slammed President Bola Ahmed Tinubu's claims of reviving Nigeria's economy, describing it as an insult to millions of Nigerians currently enduring severe hardship.
Wabara argued that if Tinubu's assertions were accurate, Nigerians would be the first to testify to the administration's achievements. Instead, the reality on the ground shows soaring inflation, widespread hunger, and deepening poverty, contradicting the President's remarks.
"The first sign of improvement will be reflected in market prices," Wabara said, urging Tinubu to focus on real economic reforms rather than making rhetorical statements. He called for a review of key economic policies, particularly those related to multiple taxation, which he believes are stifling businesses and worsening living conditions.
Wabara also highlighted the urgent need to address the country's security crisis, stating that insecurity has significantly contributed to food shortages by displacing farmers from agrarian communities due to attacks by bandits and criminal herders.
Despite current challenges, Wabara expressed optimism that Nigeria's economy would rebound once the PDP returns to power in 2027. He accused the ruling All Progressives Congress (APC) of mismanaging a once-thriving economy, noting that Nigeria's economy was among the top two in Africa under PDP's leadership.