A chieftain of the African Democratic Congress, ADC, Kenneth Okonkwo, has accused President Bola Tinubu of borrowing Nigeria into slavery. Okonkwo made the statement during an interview on Channels Television’s Politics Today on Tuesday. He expressed disappointment with the Tinubu administration's performance, citing a lack of public infrastructure and social programs despite the removal of the fuel subsidy.
According to Okonkwo, previous presidents who removed the fuel subsidy reinvested the savings into public infrastructure and social programs. He mentioned that Sani Abacha established the Petroleum Trust Fund (PTF) and Goodluck Jonathan introduced SURE-P as examples. Okonkwo questioned the current administration's use of funds, stating that they have not provided electricity, roads, or energy.
Okonkwo criticized the Tinubu administration for its handling of the economy, citing a debt of N166.6 trillion under the current regime. He expressed concern that the country is not paying subsidy, electricity tariffs are rising, and public infrastructure is lacking. Okonkwo demanded to know how the administration is using the funds.
The ADC chieftain alleged that the administration is squandering money on fake agencies, private jets, and private yachts. He questioned the priorities of the current government, stating that the country's interests are not being considered. Okonkwo's comments reflect growing concerns about the country's economic situation and the administration's handling of funds.
Okonkwo's criticism of the Tinubu administration comes amid growing concerns about the country's debt and economic situation. The administration's decision to remove the fuel subsidy has been met with widespread criticism, with many Nigerians expressing concerns about the impact on their livelihoods. The government's failure to provide public infrastructure and social programs has exacerbated the situation.
The issue has sparked a national debate, with many Nigerians calling for greater transparency and accountability in government spending. Okonkwo's comments reflect a growing sentiment among Nigerians that the government needs to prioritize the country's interests and provide basic services to citizens. The administration's response to these concerns remains to be seen.
The controversy surrounding the fuel subsidy removal and the administration's handling of funds is likely to continue in the coming days. Nigerians are eagerly awaiting the government's response to these concerns and the implementation of policies that will address the country's economic challenges. The situation remains a pressing issue for the government to address.
Key points
- Kenneth Okonkwo accused President Tinubu of borrowing Nigeria into slavery.
- Okonkwo criticized the administration for failing to provide public infrastructure despite removing fuel subsidy.
- The country's debt has risen to N166.6 trillion under the Tinubu administration.
