The People’s Democratic Party (PDP) has expressed concern about President Bola Tinubu’s economic policies, asserting that they have led to severe hardships for Nigerians and worsened the country’s security challenges. In a statement issued on Monday in Abuja, the main opposition party warned that Nigeria’s situation is deteriorating rapidly under the leadership of the All Progressives Congress (APC) led by Tinubu.
Hon. Debo Ologunagba, the National Publicity Secretary of the PDP, stated that the current administration’s policies have created a disconnect between the government and the citizens, resulting in a feeling of governance absence in the country. The rushed implementation of these policies, including the removal of subsidies and the floating of the Naira, has caused a significant increase in the cost of living, harmed national productivity, and led to the closure of numerous businesses, causing substantial job losses. This, in turn, has triggered widespread poverty, hunger, insecurity, and a sense of hopelessness across Nigeria.
The PDP also expressed alarm over the decline in investor confidence, with international companies leaving the country and causing significant unemployment, especially among Small and Medium Enterprises (SMEs) that play a pivotal role in the national economy.
Furthermore, the PDP criticized the government’s response to security concerns, highlighting the failure to address the abduction of citizens and the rising death toll from attacks in various states. The party cited instances of inadequate government reactions to crises and the absence of empathy for the wellbeing and security of the populace.
The PDP concluded by cautioning against the potential escalation of the current sense of despair and disconnection among citizens into a full-blown crisis. The party called on Nigerians to remain law-abiding and supportive of each other while seeking a secure and prosperous nation.