APC's Osita Okechukwu Critiques Tinubu's Economic Reforms

Osita Okechukwu, a founding member of the All Progressives Congress (APC), expressed during an interview on Arise Television’s Prime Time that President Tinubu's economic reforms have not succeeded in enhancing the living conditions of Nigerians. He noted that while the reforms have shown better performance at the macroeconomic level, the microeconomic indicators remain poor.

Okechukwu pointed out that high living costs, declining purchasing power, and widespread unemployment are significant challenges facing the populace, despite Nigeria's large youth demographic. He criticized the naira's devaluation, which has hindered small and medium-sized enterprises from importing machinery, and rising energy costs that undermine industrial growth.

Okechukwu stated, "The economic reforms have done well at the macroeconomic level, but microeconomic indicators are very poor," emphasizing that the reforms have not led to the expected growth in the private sector due to various inhibiting factors.