· Alleges poverty up 63% after subsidy removal
The African Democratic Congress, ADC, has tackled the government of President Bola Tinubu and his party, the All Progressives Congress, APC, of deepening poverty in the country, stating that 93 percent of Nigerians know the country was headed in the wrong direction.
National Publicity Secretary of the ADC, Mallam Bolaji Abdullahi, on Sunday also dismissed claims by the APC that it was inciting Nigerians against the government of the day, stressing that available data show that the country’s poverty rate has risen to 63 percent, up from about 50 percent before the removal of petrol subsidy.
“These are not opposition talking points, but publicly available reports that highlight the human cost of the administration’s economic policies and reflect the views of ordinary Nigerians who are living in hell under the APC government,” the party said.
According to him, “But instead of addressing the clear evidence that more Nigerians are falling into poverty under this government, the ruling party has chosen to attack the opposition and dismiss the lived realities of millions of citizens. Facts, however, cannot be dismissed by press statements.
“The independent report that triggered this debate shows that Nigeria’s poverty rate has risen to 63 percent, up from about 50 percent before the removal of petrol subsidy.
“This means that tens of millions of additional Nigerians have been pushed into poverty in the period since the administration’s failed economic policies were introduced. The APC claims Nigerians support its reforms, yet the data says otherwise,” the ADC added.
The ADC faulted claims by the ruling APC that the hardship Nigerians are experiencing is transient, insisting that the numbers tell a different story.
“Recent surveys show that 82 percent of Nigerians report going without enough food at least once in the past year, 82 percent have gone without medical care, 79 percent have gone without cooking fuel, 74 percent have gone without clean water, and 95 percent have gone without a cash income at some point during the year.
“These figures point not to temporary discomfort, but to widespread and deepening economic distress.
“The APC speaks proudly of macroeconomic indicators, but Nigerians live in a real economy where fuel prices have surged by almost 500 percent, from about N255 per litre in May 2023 when Tinubu came into office, to around N1,500 per litre today in many parts of this country. This is pushing up transport costs and driving food prices beyond the reach of millions of households,” the ADC further stated.
The party described as false, the APC’s claims that the money previously spent on fuel subsidy, which should amount to roughly N6.4 trillion in savings last year alone, is now being redirected to vital sectors such as healthcare and social development.
“It is on record that only N36 million, just about 0.02 percent of the capital budget, was actually released for capital projects in 2025 for Nigeria’s entire federal healthcare sector.
“Nigerians are therefore left to ask a simple question: if the subsidy savings are truly being redirected to critical sectors, where exactly is all the money going? Why are local contractors not paid? Why are the universities still poorly equipped?
“The human cost of Tinubu and the APC’s failed policies is even more evident in the food and agriculture sector.
“Latest reports have it that out of more than 150 rice mills across Nigeria, nearly 90 have shut down operations, while the remaining mills are operating at between 30 and 70 percent of their installed capacity, largely because the Tinubu administration’s policies have encouraged import dependency.
“Official data from the National Bureau of Statistics shows that Nigeria’s food import bill has jumped from N3.83 trillion in 2023, when President Tinubu came into office, to N7.65 trillion today, an increase of N3.82 trillion, or about 100 percent.
“This shows that instead of strengthening our local agricultural sector and protecting Nigerian farmers, the policies of the APC government are undermining domestic production and putting thousands of Nigerian farmers and processors out of business.”
