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2027: Obi’s camp criticises Tinubu govt over economic hardship

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The media office of Nigeria Democratic Congress NDC presidential candidate Peter Obi has criticised President Bola Tinubu’s administration.

The criticism comes ahead of the 2027 presidential election. The media office highlighted what it described as major failures of the government.

In a statement issued on Sunday, media office spokesman Idris Zekeri Jnr outlined several areas of concern.

First, the group criticised the rising cost of living. It blamed the removal of the petrol subsidy and other economic policies for increased financial pressure on households.

According to the statement, the reforms have also pushed up transportation costs. As a result, food and other essential commodities have become more expensive.

The media office also raised concerns over the depreciation of the naira. It argued that the weaker currency had worsened the economic hardship faced by Nigerians.

The statement said the naira’s decline had increased the cost of imported goods, medicines, machinery and industrial inputs.

Meanwhile, businesses that rely on imported materials are facing higher operating costs. Many businesses, the team said, have passed these additional costs on to consumers.

The media office identified the following as key shortcomings of the Tinubu administration:

  • Rising cost of living
  • Naira depreciation
  • Inflation and declining purchasing power
  • Insecurity
  • Lack of transparency and public trust
  • Economic policies
  • Government promises versus the reality faced by ordinary Nigerians