ADC: Tinubu’s Economic Policies Pushing Nigerians to Breaking Point as Petrol Hits N1,470/Litre

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The African Democratic Congress (ADC) has criticised the economic policies of President Bola Tinubu’s administration, saying rising petrol, food and education costs are placing increasing pressure on Nigerians.

The party, in a statement signed by its National Publicity Secretary, Bolaji Abdullahi, said petrol prices had risen to as much as N1,470 per litre, contributing to higher transportation costs and increases in the prices of goods and services.

According to the ADC, the rising cost of fuel has placed additional pressure on households already struggling with higher food, rent, transportation and education expenses.

The party also cited reports that some private schools had increased their fees by between 30 and 40 per cent, arguing that most parents had not experienced a corresponding increase in their incomes.

However, the ADC said it did not blame school owners for the fee increases, noting that they were also dealing with rising taxes, electricity bills, fuel costs, rent and staff salaries.

The party described the situation as one in which parents, workers and businesses were all facing the consequences of rising operating costs.

The ADC referred to the rising petrol price as a “Tinubu Tax” and claimed that some families were being forced to reduce meals, withdraw their children from school, delay medical treatment and close businesses because of financial difficulties.

It also criticised what it described as the continued extravagant lifestyles of some public officials, saying ordinary Nigerians were being asked to make sacrifices while public spending remained high.

The party argued that economic reforms should improve citizens’ living conditions, rather than continuously increasing the financial burden on households and businesses.

The ADC further linked the economic situation to the 2027 general election, presenting its proposed economic programme under its presidential candidate, Atiku Abubakar, as an alternative to the policies of the ruling All Progressives Congress (APC).

The party said Atiku had pledged to reduce petrol prices by restoring subsidies to support domestic fuel production, arguing that lower fuel costs could help reduce transportation, food and production expenses.

The ADC urged the Federal Government to take urgent steps to address the economic difficulties facing Nigerians, warning that citizens’ patience should not be interpreted as approval of current conditions.