Alhaji Sani Yusuf Yabagi, the National Chairman of the Action Development Party (ADP), has expressed his views on the current state of Nigeria's economy. He stated that the recent GDP growth and foreign reserves increase are not beneficial to Nigerians struggling with hunger and poverty. According to Yabagi, these macroeconomic figures do not translate to improved living standards for the average citizen.
Yabagi also discussed the 2027 presidential election and the emergence of candidates from various political parties. He noted that while Nigeria is a constitutional democracy, the process of candidate emergence is governed by rules and regulations, but not all candidates have followed these procedures. The ADP National Chairman emphasized that the critical issues in the upcoming election are the economy, insecurity, poverty, and the welfare of Nigerians.
The ADP National Chairman identified the economy as the primary issue affecting Nigerians. He stated that the economy is not working for the people, and macroeconomic figures, such as GDP growth and foreign reserves, do not reflect the reality on the ground. Yabagi emphasized that the focus should be on addressing the exchange rates, productivity, and inflation, which are affecting the strength of the Naira.
Yabagi also touched on the issue of revenue generation and corruption. He stressed that the government needs to block loopholes and leakages in the economy to generate enough revenue to address insecurity and other challenges. The ADP National Chairman noted that the terrorist industry is growing due to the lack of opportunities in the formal sector of the economy.
Regarding the All Progressives Congress (APC) and President Bola Ahmed Tinubu's campaign promises, Yabagi expressed skepticism. He stated that the APC and the Presidency would not admit to not fulfilling their promises, as this would not earn them votes. Yabagi emphasized that the 2027 election is approaching, and campaigns are underway, but the truth about the current situation must be acknowledged.
Yabagi also discussed the issue of state police and its potential impact on the country. He argued that giving governors the power of coercion and force would lead to the breakup of the country. The ADP National Chairman noted that Nigeria cannot have a president who cannot travel to certain countries or attend important meetings.
Finally, Yabagi emphasized that the most critical issue for the average Nigerian is how to feed themselves, access healthcare, and ensure their welfare and security. He stated that the current GDP growth and foreign reserves increase do not affect the common man's daily life, as they do not address the pressing issues of hunger, poverty, and insecurity.
Key points
- - The ADP National Chairman, Alhaji Sani Yusuf Yabagi, criticizes the relevance of Nigeria's GDP growth and foreign reserves increase. - Yabagi emphasizes that the economy, insecurity, poverty, and welfare of Nigerians are critical issues in the 2027 presidential election. - The ADP National Chairman argues that giving governors the power of coercion and force through state police would lead to the breakup of the country.
