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APM Dismisses Tinubu’s Economic Recovery Claims

Chibuzo Ukaibe by Chibuzo Ukaibe
1 month ago
in News, Politics
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The Allied Peoples Movement (APM) has said the claims made by President Bola Tinubu to Catholic bishops that the economic and security situation in the country has improved are illusory.

The APM National Publicity Secretary, Abubakar Yusuf, in a statement, stressed that such claims stand in sharp contradiction to the harsh reality on the ground.

The APM spokesman said that making such false claims to spiritual leaders of the status of Catholic bishops, at a time when millions of Nigerian families are sinking deeper into abject poverty and terrorists are having a field day killing, maiming, and kidnapping citizens across the country, is the height of contempt for the sensibilities of both the respected bishops and Nigerians in general.

Yusuf said, “It is unfortunate that instead of being candid about his failures and seeking help, President Tinubu is engaging in forum shopping to downplay and play cheap politics with the nation’s dire security and economic situation.”

He added that contrary to claims by President Tinubu that the economy has recovered and that his administration has steered the nation from “bankruptcy and the dark tunnel of uncertainty,” independent data from credible institutions show that the poverty rate has risen above 63% in 2026.

“This indicates that over 140 million Nigerians have been plunged into poverty under the Tinubu administration,” he said.

The APM also said that Tinubu could not make such claims when, in reality, his administration has mortgaged the future of “our nation through reckless external borrowing, which has risen to a scary $51.86 billion under his misrule and is projected to hit $72.6 billion by 2027.”

He continued, “How can President Tinubu think that any Nigerian, let alone clergymen who are in constant touch with the suffering masses, will believe his claims that the economy is improving, especially after he triggered an increase in fuel price to over ₦1,500 per liter; a development that set off an adverse chain reaction that pushed transport fares, food prices, school fees, medical bills, house rents, electricity tariffs, and the prices of everyday goods and services far beyond the reach of ordinary citizens?”

On security, the APM said the Tinubu administration has taken no decisive action beyond making promises and commitments in the fight against terrorism.

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It added that some officials of the Tinubu administration and certain leaders of the ruling All Progressives Congress (APC) continue to make unguarded statements that embolden terrorists, including voicing antagonism against calls for an international probe into acts of terrorism in Nigeria.

“Since President Tinubu claims that Nigeria is better under his administration, the APM challenges him not to travel abroad for medical treatment, but rather to stay in the country for the remainder of his term and benefit from the ‘wonderful’ healthcare his administration has provided,” it said.

The APM also challenged Tinubu to demonstrate his claimed achievements by leaving the comfort of the Presidential Villa to travel by road to any city of his choice in Nigeria, or visit any local market, and attempt to tell Nigerians that their lives have improved over the last three years.

The APM further urged Tinubu’s handlers to stop exposing the President to public ridicule, adding that such forum shopping to peddle false performance claims will not save him from defeat in the 2027 general election.

“Indeed, such antics will not help President Tinubu against our presidential candidate, Oyo State Governor Engr. Seyi Makinde, who has demonstrated the requisite capacity, administrative skill, presence of mind, and integrity to effectively lead our nation out of the woods where President Tinubu has plunged it,” it added.

 

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Chibuzo Ukaibe

Chibuzo Ukaibe

Chibuzo Ukaibe is a political journalist with Leadership Newspaper, with specialist coverage of political parties, the National Assembly, and the Electoral Commission.

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