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Amaechi blames Tinubu for poor state of economy

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The former governor of Rivers State, Rotimi Amaechi, has questioned the whereabouts of the savings from the fuel subsidy removal and naira floating policies under President Bola Ahmed Tinubu’s administration.

Amaechi, who was a former Minister of Transportation under ex-President Muhammadu Buhari’s government, made this known during an interview with Channels Television on Thursday.

According to him, the Nigerian economy is dying under Tinubu.

Amaechi noted that the purchasing power of Nigerians has been watered down by the Tinubu government.

“You are making savings from the fuel subsidy and floating the naira; where is the money?

“You get N16,000, for instance; in Buhari’s government, that will get you ten times as much, for instance, let’s assume, today, you get 120,000. You can only get four tyres. Which do you prefer?” he said.

Amaechi is part of the opposition coalition alongside former Vice President Atiku Abubakar that moved to the African Democratic Congress on Wednesday.

Recall that in 2023, Tinubu’s administration announced the removal of fuel subsidy and the floating of the naira. Prices of goods and services in Nigeria skyrocketed because of the policies.

Meanwhile, Tinubu’s government has stressed that the cooling of inflation, which stood at 22.97 per cent in May, and the relative stability of the naira at the foreign exchange market (N1,525.83 per dollar as of Thursday) are indications that the country’s economy is on the right track.

In January 2023, before Buhari exited the seat of power, Nigeria’s headline inflation stood at 21.82 per cent, and the naira exchange rate to the dollar was around N745.

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David Mark Holds Secret Meeting With PRP Leaders as ADC Crisis Deepens

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The embattled National Chairman of the African Democratic Congress, David Mark, on Friday held a closed-door meeting with leaders of the Peoples Redemption Party in Abuja. The private consultation is seen as a fresh round of political moves as the ADC continues to battle a lingering leadership crisis and growing internal divisions.

Top figures from both parties were said to be present at the meeting, including PRP National Chairman Hakeem Baba-Ahmed and senior ADC officials. The development is already drawing attention as opposition parties continue realignments ahead of the 2027 political season, with many watching closely for possible alliances and next steps in the party crisis.

 

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“ADC is a Holy Party, Cannot be used to Scam Nigerians Again” – Hon Success Opara tells David Mark

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ADC Party in Turmoil: Hon Success Opara Slams Leadership, Warns Against Scamming Nigerians

Abuja, Nigeria – The African Democratic Congress (ADC) is facing internal strife as Hon Success Opara, a prominent party official, has warned against attempts to use the party to deceive Nigerians. Opara specifically criticized the leadership of David Mark, stating that the party cannot be used to scam citizens again.

“ADC holy Party cannot be used to scam Nigerians again,” Opara said, emphasizing that those forming coalitions are hindering the party’s growth and denying youths opportunities to thrive.

“Those who are forming coalition don’t want to give the youths the chance to strive in the party,” she added.

Opara’s statement highlights the deepening divisions within the ADC, with concerns over leadership and the party’s direction.

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2027: Bala declares aspirants over 55 years disqualified in ADC

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The factional National Chairman of the African Democratic Congress (ADC), Nafiu Bala Gombe, has announced that the party under his leadership will bar individuals above the age of 55 from contesting for political positions.

Gombe made the disclosure during an interview with BBC Hausa, where he outlined a vision centred on generational change and greater youth participation in politics.

“The African Democratic Congress (ADC) is a party that belongs to all Nigerians. What we are doing now is to ensure the party moves forward properly.

“We have decided that we will give the youths a real chance. The time has come for young people to take the lead in politics.

“If you are over 55 years old, you are not going to contest for positions in the ADC under our leadership.

“We want to bring in fresh blood, new ideas, and energy from the youth. Nigeria’s future depends on the young generation.

“The old ways have not worked well for the country. We need to open the door wide for youths to participate fully as candidates, leaders, and decision-makers,” he said.

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