Sunday, June 14, 2026

The Sun Nigeria

W’Bank verdict: ADC mocks Tinubu

Tinubu-ADC-Coalition

President Bola Tinubu

• Claims economic policies’ve ruined lives

From Ndubuisi Orji, Abuja

The African Democratic Congress (ADC) has said the October 2025 report of the World Bank, which indicated that 139 million Nigerians are living below poverty was a confirmation that the economic policies of President Bola Tinubu administration have ruined the lives of the majority of Nigerians.

The ADC, in a statement by its interim national publicity secretary, Bolaji Abdullahi, accused the All Progressives Congress (APC) controlled Federal Government of allegedly “masking its domestic economic failures with creative statistics.”

According to the party, the report exposed the disconnect about the rhetoric of the government’s claim of economic progress. It stated that while the Tinubu administration is celebrating increased revenue, more citizens are slipping into abject poverty. The ADC recalled that the President, in his Independence Day broadcast, had declared that  “the worst is over,” stating that the statistics revealed by Tinubu “have now been proven to be calculated whitewash to serve the government’s narrative of progress.”

It  stated that, “the October 2025 World Bank Report, which states that 139 million Nigerians now live below the poverty line, up from 81 million in 2019. That figure, representing 61 percent of the population, is clear evidence that the economic policies of the Tinubu-led APC government have actually sent more Nigerians into abject poverty, contrary to the government’s performance propaganda and claims of progress.

“The World Bank numbers tell a simple but painful story: under the APC and President Bola Tinubu’s government, more Nigerians have fallen into poverty than at any other time in our history. In 2019, four out of 10 Nigerians were poor. Today, it is, at least, six out of 10.

“We recall that President Tinubu, in his recent Independence Day address to the nation, declared triumphantly that ‘the worst is over,’ while bandying statistics which have now been proven to be calculated whitewash to serve the government’s narrative of progress. “However, what is important is the reality that those numbers were meant to hide. Behind President Tinubu’s shiny statistics are the grim realities of historic human suffering, families skipping meals, children dropping out of school and households selling assets just to buy food and basic drugs to survive.”

Furthermore, the APC stated that under the APC led Federal Government, almost 30 million Nigerians have joined the ranks of the ultra-poor, who, even if they spend every Naira they earn on food, still cannot afford enough calories to survive.

“While the government celebrates record revenue collection and the illusion of economic stability, the World Bank’s data shows that Nigerians are actually growing poorer by the day. Food inflation has gone through the roof, with the price of a bag of rice multiplying five times in just four years. Poor families now spend roughly 70 percent of their income on food, leaving nothing for rent, school fees or medicine.

“The so-called social safety nets that should protect the vulnerable have also collapsed. Coverage has fallen from 20 percent in 2019 to just six percent in 2025. Government support to the poorest citizens is almost non-existent, amounting to a mere 0.14 percent of GDP compared to a global average of 1.5 percent.

“What all this means is that Nigerians are worse off under the APC and President Bola Tinubu’s government. And contrary to the President’s claim, the worst is not over; instead, it appears that the worst has actually not arrived. Rather than continuing to dig in to defend its propaganda, the government should accept the unbiased verdict from its partner, the World Bank, and try to make amends before it is too late.

“To make matters worse, the government’s entire approach to poverty measurement now seems designed to flatter itself rather than to help the poor. Nigeria’s domestic poverty threshold, roughly N137,000 per month or about $90, sits far below the global real-value benchmark. By using a deflated local measure, the government effectively undercounts millions of poor Nigerians.

“The implication of this ‘race to the bottom’ statistics is that, using the Tinubu government’s revised definition of poverty, citizens who are globally poor will appear statistically fine in Nigeria. In reality, however, they would have become invisible to a policy that mistakes low expectations for progress. A poverty line that is set too low does not protect the poor; it hides them. The APC cannot fix poverty by attempting to redefine it downward.”

Consequently, the ADC charged the Federal Government to stop celebrating revenue as an accomplishment and begin to put the people first by prioritising food security, job creation and social protection systems to cater for the 139 million poor allegedly created by the economic policies of the present administration.