ADC Denounces FG's N50,000 Cash Transfer as Election Gimmick

The African Democratic Congress (ADC) has condemned the Federal Government's N50,000 monthly cash transfer program for vulnerable Nigerians, calling it an election gimmick intended to regain public support. In a statement by Bolaji Abdullahi, the ADC's National Publicity Secretary, the party expressed skepticism about the timing of the announcement, suggesting it was a response to the opposition's campaign focus on affordability and reducing living costs.

Abdullahi criticized the Tinubu administration for previously announcing various interventions, such as a $1 billion "Renewed Hope Social Intervention Fund" and a 30-day fuel discount, which he claimed were ineffective. The ADC argued that the proposed N50,000 stipend would provide minimal relief amid rising costs of food, transportation, and healthcare.

The party accused the government of mismanaging economic reforms and failing to incorporate such cash transfers into its plans from the outset, instead introducing them as a last-minute election strategy.