Sowore Critiques Nigeria's Economic Reforms and Subsidy Policy

Omoyele Sowore, the presidential candidate of the African Action Congress, criticized the Nigerian Federal Government's economic reforms during an interview on Arise Television on Monday. He argued that rising revenue and macroeconomic indicators have not translated into improved living conditions for Nigerians.

Sowore stated that the success of economic policies should be measured by their impact on the standard of living, businesses, employment, education, security, and wages. He condemned the government's reliance on increased revenue and tax metrics as evidence of economic progress, asserting that Nigerians are more concerned about affordability of basic necessities and job creation.

Sowore also criticized the removal of fuel subsidy, claiming it has increased the economic burden on ordinary citizens. He noted that subsidies are used globally to protect vulnerable populations and alleged that the wealthy benefit more from government incentives than the poor.

Sowore emphasized the need for visible improvements in infrastructure and public services to demonstrate the effectiveness of the government's reforms.