ADC Critiques Tinubu Government on Food Inflation Issues

The African Democratic Congress (ADC) has accused the President Bola Tinubu-led government of lacking effective strategies to combat rising food inflation in Nigeria. In a statement issued by National Publicity Secretary Bolaji Abdullahi, the ADC pointed out that while headline inflation decreased from 15.91% in June to 15.43% in July, food inflation rose significantly from 17.52% to 20.31% year-on-year.

Month-on-month, food inflation increased from 3.75% in June to 5.56% in July. The ADC emphasized that the government should prioritize the affordability of food for Nigerians rather than focusing solely on headline inflation statistics.

They argued that the current economic policies have failed to provide relief to ordinary citizens, urging the government to acknowledge its limitations. The ADC also highlighted a report from the Food and Agriculture Organisation indicating that 35 million Nigerians are facing acute food insecurity, questioning the government's claims of economic progress amidst rising food prices.