Senator Emmanuel Aguariavwodo, the Senior Political Adviser to the Governor of Delta State, has criticized the economic management strategy of the All Progressives Congress (APC), stating that it has pushed millions of Nigerians into extreme poverty. Aguariavwodo made these remarks while addressing the State Chapter of the Market Men and Women Association in Asaba.
He specifically pointed to the APC-led administration’s handling of petrol subsidy as a factor exacerbating economic hardship, and he labeled it as “a trademark of the APC.” He went on to say that the APC’s economic management has led to a depreciation of the naira, soaring inflation rates, and increased fuel prices, which have adversely affected the quality of life for many Nigerians.
Aguariavwodo compared the exchange rate and fuel prices during the PDP’s tenure to the current situation, asserting that the APC has mismanaged the economy. He expressed concern about the rapid depreciation of the naira during the early days of the Tinubu administration, raising questions about the direction of the country’s economic policies.
However, Aguariavwodo commended Governor Sheriff Oborevwori for his actions in his first three months in office, highlighting measures taken to address traffic congestion and illegal construction on waterways. He expressed optimism that the quality of life for the people of Delta State would improve under Oborevwori’s administration.
The Senior Political Adviser also emphasized the importance of trading in modern society and called for increased private sector investment in the state, noting that trading is a fundamental economic activity that drives civilization.
Earlier, Chief Kate Onah, the leader of the Market Men and Women Association, expressed their support for the PDP and their commitment to partnering with the state government for the benefit of Deltans. Senator Aguariavwodo was decorated as the father of the market men and women association in the state during the visit.