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ADC asks Tinubu to accept World Bank’s verdict, says president’s policies have deepened poverty

By BASHIR ADEFAKA

According to the opposition coalition, the global bank’s report is clear proof that Tinubu’s administration’s economic policies have worsened the living conditions unresolvably impoverishing millions of citizens in world’s most populous black nation.

Nigeria’s leading opposition party, the African Democratic Congress (ADC), has advised President Bola Ahmed Tinubu that what he needs at this time is not to reject but simply accept the recent World Bank’s report showing a sharp rise in poverty across Nigeria.

According to the opposition coalition, the global bank’s report is clear proof that Tinubu’s administration’s economic policies have worsened the living conditions unresolvably impoverishing millions of citizens in world’s most populous black nation.

In a statement released on Thursday October 9, 2025 and signed by its National Publicity Secretary, Mallam Bolaji Abdullahi, the party said the World Bank’s October 2025 report which revealed that 139 million Nigerians are now living below the poverty line, up from 81 million in 2019 exposes the government’s economic failures and misplaced priorities.

“The World Bank’s report tells a painful truth under the APC and President Bola Tinubu’s leadership, more Nigerians have slipped into poverty than ever before.

“In 2019, four out of every ten Nigerians were poor; today, that number has risen to at least six out of ten,” the ADC said.

“Yet, during his Independence Day speech, President Tinubu claimed that the worst is over, quoting figures that now appear to be nothing more than carefully crafted propaganda to paint a false picture of progress.

“Behind those polished numbers lies the harsh reality of growing human suffering families going hungry, children leaving school, and households selling their few possessions just to afford food and medicine.”School supplies

According to the statement, under the APC government, about 30 million more Nigerians have fallen into extreme poverty, unable to afford enough food even if they spend all they earn on it.

“The government may boast of record revenues and stability, but the truth is Nigerians are getting poorer every day,” the ADC said.

“Food prices have skyrocketed, with a bag of rice now five times costlier than four years ago. Most poor families spend nearly all their income just to eat, while social safety nets have almost vanished.

“The World Bank’s data clearly shows that life has become harder under the APC and President Tinubu, and instead of denying this reality, the government should accept the facts and act before things get worse.”

The ADC said Nigeria’s social safety nets have collapsed, with coverage dropping from 20% in 2019 to just 6% in 2025, and government aid to the poorest citizens nearly non-existent.

It accused the APC government of masking the country’s deepening poverty through misleading statistics, noting that Nigeria’s poverty line is set far below global standards; a move that hides, rather than helps, the poor.

The party urged President Tinubu to accept the World Bank’s verdict and address the worsening hardship instead of redefining poverty to suit his administration’s narrative.

“What Nigeria needs now is not cosmetic reform but genuine leadership that puts people first,” the ADC stated.

“Inclusive growth must go beyond slogans. it should be a deliberate strategy. We call on the Tinubu-led APC government to stop mistaking revenue collection for progress and instead focus on food security, job creation, and strong social protection systems to support the millions pushed into vulnerability by its poor economic policies.

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